Volume Index

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Volume Index

An index that measures the aggregate production of a given set of goods and services over a period of time. For example, a volume index may measure changes in the amount of refined oil, corn and automobiles. A volume index may be an indicator of an economy's direction. That is, if production is falling, it may portend an economic downturn.
References in periodicals archive ?
Calendar adjusted export volume indices were down 3.
Turkey's statistics authority, TurkStat, said in a statement that Eurostat published preliminary results of per capita volume indices of GDP for 37 European countries for 2010 under the European Comparison Program.
Taking the average of 27 European Union-member states as 100, Luxembourg has the highest per capita volume indices with 283 while Albania has the lowest with 29.
Calendar adjusted export and import volume indices increased 9.
Calendar adjusted export and import volume indices also increased by 14 percent and 27.
In July 2010, the overall export and import volume indices increased 3 percent and 15.
In March, 2010, the overall export and import volume indices increased by 10.