Consumer Price Index Manual

Consumer Price Index Manual

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The consumer price index (CPI) measures the rate at which prices of consumer goods and services change over time. It is used as a key indicator of economic performance, as well as in the setting of monetary and socio-economic policy such as indexation of wages and social security benefits, purchasing power parities and inflation measures. This manual contains methodological guidelines for statistical offices and other agencies responsible for constructing and calculating CPIs, and also examines underlying economic and statistical concepts involved. Topics covered include: expenditure weights, sampling, price collection, quality adjustment, sampling, price indices calculations, errors and bias, organisation and management, dissemination, index number theory, durables and user costs.This approach could indeed be defended for a compensation index, because there is no doubt that the monthly mortgage payment is an important element in the budget of many households: a rise in the interest rate acts in exactly the same anbsp;...

Title:Consumer Price Index Manual
Author:International Labour Office
Publisher:International Labour Organization - 2004-08-25


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