This paper describes the characteristics of the Laspeyres and Paasche indices, as there are increasing requirements for the analysis of prices, quantities and basekt vectors. Both Laspeyres and Paasche are valuable choice for financial and economic analyses.

The Lowe price index is a type of index in which the quantities are fixed and predetermined. The Lowe quantity index is a type of index in which the prices are fixed and predetermined. Many of the indices produced by statistical agencies turn out to be Lowe indices. Lowe indices have certain...