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...

Full description

Bibliographic Details
Main Authors: Jacek Białek, Elżbieta Roszko-Wójtowicz
Format: Article
Language:English
Published: Czech Statistical Office 2019-09-01
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