The Impact of the Price Index Formula on the Consumer Price Index Measurement
The Consumer Price Index (CPI) is a common measure of inflation. Similarly to the Harmonised Index of Consumer Prices (HICP), it is determined using the Laspeyres index, thus data on the consumption of the basket of goods do not have to be current. The Laspeyres index, using weights only from the ba...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Czech Statistical Office
2019-09-01
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Series: | Statistika: Statistics and Economy Journal |
Subjects: | |
Online Access: | https://www.czso.cz/documents/10180/88506454/32019719q3_246_bialek_analyses.pdf/88e8aa74-d0ae-4833-a0c0-3eebb5e02cc5?version=1.0 |