Main Aspects regarding the Consumer Price Index
Constantin Anghelache,
Mihai Gheoghe,
Alexandru Manole,
Adina Elena FETCU (stoica) and
Luminita Ciocan
Additional contact information
Constantin Anghelache: „Artifex” University of Bucharest
Mihai Gheoghe: National Institute of Statistics, Romania
Alexandru Manole: „Artifex” University of Bucharest
Adina Elena FETCU (stoica): „Artifex” University of Bucharest
Luminita Ciocan: Academy of Economic Studies, Bucharest
Romanian Statistical Review Supplement, 2012, vol. 60, issue 1, 39-44
Abstract:
This paper reveals the usefulness of CPI concepts. The cost of living view provides a price index whose dual is the volume of household consumption. The inflation view provides a price index whose dual is the volume of households? final monetary purchases, which represent the demand pressure they put on the markets in which they participate.
Keywords: weight; relative; transaction; market; aggregate (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:rsr:supplm:v:60:y:2012:i:1:p:39-44
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