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Definition of 'Reference Base Period'
A year in which the Consumer Price Index is equal to 100, a reference base period that serves as a benchmark for future periods, allowing economists to judge levels of inflation. Currently, the reference base period is set between 1982 and 1984.
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Investopedia explains 'Reference Base Period'
When a year is assigned a price level from the CPI, the reference base period can be used to convey how much inflation occurred. For example, if the current year has a CPI level of 115, this would mean that prices today have increased by 15% (115-100) from the base period of 1982-1985.
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Search results for 'Reference Base Period'
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http://www.investopedia.com/articles/financial-theory/11/detecting-financial-fraud.asp
... relationship while missed accounting period provides extra ... serve as the point of
reference, financial information ... as a percentage of the base years' figures. ...
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http://www.investopedia.com/articles/technical/04/072104.asp
... Ichimoku chart so we have a visual point of reference. ... Kijun-Sen, or base line (maroon) -
(Highest high + lowest low ... and Senkou Span B. The time period is most ...
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http://www.investopedia.com/articles/forex/08/turn-to-carry.asp
... When the carry positive currency is the base currency) 1 ... from the May 2005 to June
2005 period in AUD ... Using the swing low offers a logical reference point as it ...
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