Base effect
id:
base-effect-166-12356020
title:
Base effect
text:
The base effect relates to inflation in the corresponding period of the previous year. If the inflation rate was too low in the corresponding period of the previous year, even a smaller rise in the Price Index will arithmetically give a high rate of inflation now. On the other hand, if the price index had risen at a high rate in the corresponding period of the previous year and recorded high inflation rate, a similar absolute increase in the price index now will show a lower inflation rate now.
brand slug:
wiki
category slug:
encyclopedia
description:
Concept in economic inflation
original url:
https://en.wikipedia.org/wiki/Base_effect
date created:
2011-07-08T03:28:53Z
date modified:
2024-08-30T00:14:42Z
main entity:
{"identifier":"Q1095519","url":"https://www.wikidata.org/entity/Q1095519"}
image:
fields total:
13
integrity:
15