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The consumer price index [PDF]
, 1994 The consumer price index (CPI) is probably the most closely watched indicator of inflation in the U.S. economy. In this article, Mark Wynne and Fiona Sigalla explain the construction of the CPI and evaluate some of its potential shortcomings as a measure of inflation.
Mark A. Wynne, Fiona D. Sigalla
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Measurement Biases in Consumer Price Indexes
International Statistical Review / Revue Internationale de Statistique, 1999SummaryThe Consumer Price Index (CPI) measures the cost of purchasing a fixed basket of goods at a fixed sample of outlets over time, and can be thought of as a practical approximation to a “true” cost‐of‐living index, and a measure of general inflation for the economy. In more recent times, concerns over the possibility that the U.S.
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Revising the consumer price index
Government Publications Review (1973), 1977Abstract This article calls attention to a new Consumer Price Index (CPI) and how it differs from its predecessor, and offers additional sources of information on the revision.
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INDIVIDUAL CONSUMER PRICE INDEX
REVISTA PROCESOS DE MERCADOThis article defines the Individual Consumer Price Index (ICPI) as a tool that adjusts price measurements according to the specific consumption patterns of each individual or family, adapting to their particular economic reality. The monetary policies implemented by central banks and the use of fractional reserve banking by private banks play a key ...
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The Canadian Consumer Price Index
Canadian Journal of Economics and Political Science, 1963The periodic revision of the weights for an index provides an opportunity to review and modify the concepts and procedures used and also to give information about them. The latest revision of the Canadian Consumer Price Index (CPI) has made some use of this opportunity to change procedures, but the explanation of the index leaves much to be desired ...
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Price Collection for the Consumer Price Index: a Documentation
2009The quality of poverty estimates relies heavily on the data sources. One of the sources of data for poverty estimation in the Philippines is the retail price collected by the National Statistics Office. The retail prices are used, along with or in the absence of price data of certain commodities from the Bureau of Agricultural Statistics, for costing ...
Carmelita Ericta, Rosie Sta. Ana
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Can consumer price index predict gold price returns?
Economic Modelling, 2016In this paper using data for 54 countries we test whether consumer price index (CPI) predicts gold price returns. Our test for predictability is based on a recently developed flexible generalised least squares estimator, which most importantly accommodates the endogeneity of CPI, its persistency and any heteroskedasticity in the model.
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Indexes of Retail Prices of New Cars-Consumer Price Index
The Journal of Business, 1961TH automobile has maintained its position as the most important consumer durable good in the United States economy for a considerable period of time. In shopping for a new car, the consumer has often found it difficult to obtain the exact market price. Although Congress passed legislation in 1958 that required that the list or retail price suggested by
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Critiquing the consumer price index [PDF]
, 1997 According to some, the saying "everybody complains about the weather, but nobody ever does anything about it" could be just as easily applied to the consumer price index. But what should be done?
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