Coat of Arms BARBADOS STATISTICAL SERVICE Barbados Flag
Menu Close

Glossary

Glossary of Statistical Definitions

All | A B C D E F G H I L N O P R S U
There are currently 2 definitions in this directory beginning with the letter P.
Price Ratio (RPI)
This is the proportion of the sum of the prices of an item, in the current month, to the sum of its corresponding prices in the preceding month - i.e. relating like prices for two (2) months.

Price Relative (RPI)
This is a number expressed as a percentage which indicates the movement in price levels from the base period value of 100%.

Copy link
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful. By visiting our site, you agree to our privacy policy regarding cookies, tracking statistics, etc.