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Monday, 17 June 2019|

Glossary A-Z

Keyword : constant prices
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constant prices

Constant Prices are obtained by directly factoring changes over time in the values of flows of goods and services into two components reflecting changes in the prices of the goods and services concerned and changes in their volumes (i.e. changes in "constant price terms").

Source : National Accounts
Source Detail : Gross Domestics Product (GDP)