Consumer Price Index Manual: Theory and Practice

Author: International Monetary Fund

Publication date: August 2004

ISBN: 9789221136996

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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Investments and Securities-General , Economics- Macroeconomics , Public Finance , M&G , price change , price collector , reference period , price collection , expenditure share , Price indexes , Consumer price indexes , Consumption , Cost of living , Middle East , Europe , North America , Global , Northern Europe , Australia and New Zealand , Western Europe , Africa , Asia and Pacific

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Summary

The consumer price index (CPI) measures the rate at which the prices of consumer goods and services are changing over time. It is a key statistic for economic and social policymaking and has substantial and wide-ranging implications for governments, businesses, and households. This important and comprehensive Manual provides guidelines for statistical offices and other agencies responsible for constructing CPIs, and explains in-depth the methods that are used to calculate a CPI. It also examines the underlying economic and statistical concepts and principles needed for making choices in efficient and cost-effective ways, and for appreciating the full implications of those choices.