PPT-Module 16: Price Index

2 Contents Session VII Product and outlet selection Product specification Initial choice Organising data collection Method of collection Frequency and timing Dealing with missing price data . Publisher-Vendor-Library Relations (PVLR) Interest Group . ALA Midwinter San Diego 2011. Seeking the New Normal: Periodicals Price Survey 2010 . Kittie S. Henderson. Director, Academic and Law Divisions. CPI is the government’s “most important” statistic. Announced monthly by Bureau of Labor Statistics. Measures changes in prices of goods and services over time. Affects elections, economy, government policies, Social Security, pensions. . W. Erwin Diewert . Alice O. Nakamura. . This builds on our 2010 paper:. 2. Bias Due to Input Source Substitutions: Can It Be Measured?. May 2, 2010. W. Erwin Diewert and Alice O. Nakamura1. Discussion Paper 10-06.  . Mark Carney. Governor of The Bank of Canada. Inflation. refers to the general rise in prices from year to year.. Statistics Canada measures inflation using the CPI, which tracks price changes in consumer goods.. TAGUIG - BGC AREA, PHILIPPINES. Euroasia Research Experts conducted a second price survey among . 6 . major retailers in the . Taguig. -. BGC . Area last April 7 and 14, 2016. . All 113 . items canvassed were bought from the different supermarkets. . 2. Contents – Session VII. Product and outlet selection. Product specification. Initial choice. Organising data collection. Method of collection. Frequency and timing. Dealing with missing price data . 2. Contents – Session V. Construction of Price Index – Part II. General . Procedure of Index Aggregation. Choice . of base . period. . General . Procedure of Index Aggregation. Computation of price relatives. * Lots of practice is advised, try to solve as many questions as you can.. By: Ravinder Pant, Assistant Professor, Commerce department, . arsd. college. “Time is money”. - Benjamin franklin. Index Numbers. 2. Contents – Session III. Index number formula. Simple index: . Dutot. ,. Carli and Jevon. Weighted index: . Lowe. ,. . Laspeyres. ,. . Paashe’s. . and. Fischer’s. . Price Index – Formula . 2. Contents – Session I. Introduction. . – purpose and use of Price Index. What . is an Index number . Aggregate . index. . Introduction – Purpose and Use. What is Price Index?. Main uses. Common price indices. Index. Session IV. 3. Contents – Session IV. Constructing Price Index . - Part I. Issues . involved. . Price Index . – Purpose,. . Scope and Coverage. Periodicity and Timeliness. . Constructing Price . 2. Contents – . Session II. Composite . Price Index. Unweighted composite index. Weighted composite index. Important terms. Base period (year): . . price . reference period. , . weight reference period. Index. Session IV. 3. Contents – Session IV. Constructing Price Index . - Part I. Issues . involved. . Price Index . – Purpose,. . Scope and Coverage. Periodicity and Timeliness. . Constructing Price . Index. Session VI. 3. Contents . – Session VI. Construction of Price Index – Part . II. I. Basket . and its structure. use of standard classifications . Weighting structure . source of . data . price and other updating of weights.