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the claim

Changing the base year in a price index affects the conversion of nominal values to real values

the verdict

COMMON KNOWLEDGE

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refutedsupported

the weight of evidence

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Changing the base year of a price index changes the values of the index across all periods, which directly alters the calculated real values when deflating nominal series.

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The analysis

The claim is a definitional and mathematical truth within economics and index number theory. Changing the reference base year scales price index values, altering the resulting real value conversions. No citation is needed for this basic economic identity.

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first checked04 Aug 2026

judged → COMMON KNOWLEDGE · 9504 Aug 2026

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