Collecting Prices View Full Text


Ontology type: schema:Chapter     


Chapter Info

DATE

2017

AUTHORS

Robert O’Neill , Jeff Ralph , Paul A. Smith

ABSTRACT

All of the price indices we will discuss in this book require observations of prices at different periods of time in order to allow for construction of even the most elementary of price indices. As it is currently impossible for anyone, or any organisation, to produce a complete list of prices of items available at any given point in time (or a complete list of transaction prices), it is required that only a sample of prices is collected each period. This chapter considers how ONS goes about collecting the large number of price quotes needed in order to provide the raw material required in producing a price index such as the CPI. More... »

PAGES

173-194

Book

TITLE

Inflation

ISBN

978-3-319-64124-9
978-3-319-64125-6

Identifiers

URI

http://scigraph.springernature.com/pub.10.1007/978-3-319-64125-6_8

DOI

http://dx.doi.org/10.1007/978-3-319-64125-6_8

DIMENSIONS

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