The concepts described on these pages are words and expressions used in statistics with a specific, limited meaning. In everyday speech the word may have a different meaning. In connection with each definition you can find information about which sets of statistics use the concept.
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Volume index
The volume index is a ratio describing the relative change in volume relative to the base period. It describes changes in output at fixed prices. The volume index can be formed by deflating from the turnover indices or the value data of output, directly from the quantity data of output or by means of input data, such as hours worked. The volume index takes into account the qualitative development of products and inflation. Volume indices are produced on industry and services, while quantity indices are produced on trade and construction.
Statistics using the definition
Validity of the definition
- Valid
Source organisation
- Tilastokeskus
Related concepts
Jaa