In the United States, the example of these focused on producers is called wholesale.
Two fixed-weight variants of this measure are Laspeyres [las-pear] and Paasche [pa-sheh]. In the United States, the example of these focused on producers is called wholesale. To calculate real GDP, the United States utilizes the chain-weighted version of this, which accounts for changes in quantities. One common calculation of this involves a fixed bundle in the base period, and is referred to as the "consumer" one. Name this value which compares the cost of the same goods in different periods, often used as a measure of inflation.
Two fixed-weight variants of this measure are Laspeyres [las-pear] and Paasche [pa-sheh].
consumer price index (accept cost index or CPI, prompt on "index" or "inflation", accept indices for index)