constant price; fixed price for economic comparison
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Meanings
1 sense · 4 examplesnoun
constant price; fixed price
formalA statistical tool used in economics to eliminate the effects of price changes (inflation/deflation) when comparing economic data (e.g., GDP, industrial output) across different time periods. Also known as 比较价格, 可比价格, or 固定价格.
Zhè这
fèn份
tǒng统
jì计
bào报
gào告
shǐ使
yòng用
bù不
biàn变
jià价
gé格
lái来
jì计
suàn算
shí实
jì际
GDPG
zēngD
zhǎngP
lǜ增
长
率
。
This statistical report uses constant prices to calculate the real GDP growth rate.
Wèi为
le了
jìn进
xíng行
zhǔn准
què确
de的
nián年
dù度
bǐ比
jiào较
，
fēn分
xī析
shī师
cǎi采
yòng用
le了
bù不
biàn变
jià价
gé格
tǐ体
xì系
。
To make accurate year-on-year comparisons, analysts adopted a constant price system.
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Yǐ以
bù不
biàn变
jià价
gé格
jì计
suàn算
de的
gōng工
yè业
chǎn产
zhí值
gèng更
néng能
fǎn反
yìng映
shí实
jì际
shēng生
chǎn产
guī规
mó模
de的
biàn变
huà化
。
Industrial output value calculated at constant prices better reflects changes in the actual scale of production.
Bù不
biàn变
jià价
gé格
yě也
bèi被
chēng称
wéi为
gù固
dìng定
jià价
gé格
huò或
kě可
bǐ比
jià价
gé格
。
Constant price is also called fixed price or comparable price.