Index Numbers

Index numbers are a statistical measure that represent the relative change in a specific variable or a group of variables over time. They are widely used in economics, finance, and various fields to track trends, assess performance, and provide insight into data patterns. This category explores various types of index numbers, including price indices, quantity indices, and value indices, as well as their applications and significance in decision-making processes. Dive into the topics within this category to gain a deeper understanding of how index numbers influence economic indicators and market analysis.