Base effect
How the figure for the same period last year affects a growth or inflation rate. A low base makes this year’s rise look large, and a high base makes it look small.
In the news
Inflation fell partly because of a high base effect.
RationalTimes●
How the figure for the same period last year affects a growth or inflation rate. A low base makes this year’s rise look large, and a high base makes it look small.
Inflation fell partly because of a high base effect.