Examlex
Most programs and projects receive a monthly budgetary review.
Inflation Level
Inflation level measures the rate at which the general level of prices for goods and services is rising, eroding purchasing power.
Base Year
A specific year chosen as a point of reference or benchmark for financial or economic data comparison over time.
Laspeyres Index
A measure of price inflation that calculates the relative price change of a fixed basket of goods and services at current prices compared to the prices of the same basket in a base period.
Price Levels
The overall average price of all goods and services made in the economy.
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