Definition: Quantity relative
SNA 1993
A quantity relative is the ratio of the quantity of a specific product in one period to the quantity of the same product in some other period.
A very similar definition is applied in the Consumer Price Index Manual (2004):
The ratio of the quantity of a product in one period to the quantity of that same product in some other period.
Source:
United Nations, "System of National Accounts (SNA) 1993", United Nations, New York, 1993, § 16.15
Created:
Updated: