
Chapter 16
PB
Time Series and Index Numbers
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Time Series and Index NumbersTime Series and Index Numbers
Time Series and Index
Numbers
Look to the future, because that is where you’ll spend the rest of your life
—George Burns
LEARNING OBJECTIVES
Upon completion of this chapter, you will be able to:
The real estate sector in India has grown at an average rate of 30% over the last
few years. The increase in disposable incomes, decline in interest rates, easy and
fl exible fi nancing, superior real estate options, and relocation of foreign direct in-
vestment in construction and real estate are some of the factors responsible for
the speedy growth. ...