yota.akm asked in Social ScienceEconomics · 2 months ago

Can someone explain the difference between Paashe’s Laspeyer’s and Fisher’s price indexes?

I know that Paashe’s index is the gdp deflator and that laspeyers is the CPI. But what is Fishers?

What do each of them represent please give examples

1 Answer

  • Oiy
    Lv 5
    2 months ago
    Favorite Answer

    Fisher-Price index is a CPI, and is calculated as the geometric mean of the LPI(Laspeyrs) and PPI(Paasche). Or FPI= (LPI x PPI)*0.5

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