ANALYSIS OF THE INTERNATIONAL EXPERIENCE OF PRODUCT SELECTION FOR USE IN THE PROCESS OF FORMING A CONSUMER PRICE INDEX
Roman Sidorchuk
Annals of marketing-mba, 2018, vol. 4
Abstract:
The paper presents the results of a study of international experience on the definition of a set of goods and services for monitoring consumer prices in order to calculate the consumer price index. Adopted in international practice, recommended for use in statistical services may not always be implemented in Russia. In Russia, there is a difficulty in obtaining data from trade organizations, certain methodological difficulties in analyzing the results of household expenditure surveys, which in international practice determine the categories of goods and services for observation. There is a significant proportion of small and medium-sized enterprises in the market, in retail sales and services that do not have the ability to ensure uniformity in the description of names, characteristics and other data on similar goods. Under these conditions, it is required to summarize international experience and offer recommendations for selecting categories and a set of goods and services-representatives.
Keywords: CPI; COICOP; product selection; desk research; marketing research (search for similar items in EconPapers)
JEL-codes: M31 (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:mmb:journl:articl_v4_6_18
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