Laspeyre’s index is based on
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laspeyre के सूचकांक पर आधारित है
The Laspeyres price index is an index formula used in price statistics for measuring the price development of the basket of goods and services consumed in the base period. The question it answers is how much a basket that consumers bought in the base period would cost in the current period.
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The Laspeyres Index is calculated by working out the cost of a group of
commodities at current prices, dividing this by the cost of the same group of
commodities at base period prices, and then multiplying by 100.
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