Wholesale Services Price Index (WSPI)
Relative importance of price index of economy, measure
Relative importance of price index refers to the share of weights that correspond to the aggregate gross margins of establishments at a given point in time, derived from the Annual Wholesale Trade Survey.
Economy refers to the entire set of resident institutional units. It is divided into sectors that consists of groups of resident institutional units. An institutional unit is resident in a country when it has a centre of economic interest in the economic territory of that country. It is said to have a centre of economic interest when there exists some location - dwelling, place of production or other premises - within the economic territory on, or from, which it engages, and intends to continue to engage, in economic activities and transactions on a significant scale either indefinitely or over a finite period of time.
The data for this variable are reported using the following measurements:
- Percentage
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