{"iri":"https://lexicon.financial/business/bea/LaspeyresPriceIndex","label":"Laspeyres price index","definition":"A fixed-weighted price index that is computed as the sum of base-period quantities valued at current-period prices divided by the sum of base-period quantities valued at base-period prices.","license":"https://www.usa.gov/government-copyright","source":"bea","source_url":"https://www.bea.gov/help/glossary/laspeyres-price-index"}