Definition: Linking

Category: Consumer Price Index

Splicing together two consecutive sequences of price observations, or price indices, that overlap in one or more periods. When the two sequences overlap by a single period, the usual procedure is simply to rescale one or other sequence so that the value in the overlap period is the same in both sequences and the spliced sequences form one continuous series. http://www.ilo.org/public/english/bureau/stat/guides/cpi/index.htm
Source:
International Labour Organization (ILO), International Monetary Fund (IMF), Organisation for Economic Co-operation and Development (OECD), Statistical Office of the European Communities (Eurostat), United Nations (UNECE), The World Bank, Consumer Price Index Manual: Theory and Practice, Geneva, August 2004
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