L'Indice des prix à la consommation

Florence Jany-Catrice

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Abstract: Since the mid-1980s, inflation has been contained by multiple macroeconomic policies aimed at putting prices in order. However, the consumer price index (CPI), which is the statistical measure of inflation, remains very frequently consulted on the French Office for National Statistical website (INSEE), because of its multiple uses. CPI is used for index wages, pensions, but also various contracts. It is also used by the National Accounts to describe inflation, but also to deflate monetary macroeconomic magnitudes, and provide data in "real" terms. But how is this consumer price index measured? Are prices measured today as fifty years ago? What have been the reforms that have taken place to shape the twenty-first century CPI? This book proposes an analysis of the consumer prices index It studies the controversies that have punctuated its history. Given their socio-economic context, they help to highlight the highly conventional nature of the CPI, and hence of all macroeconomic indicators, particularly those of growth and productivity.

Date: 2019-01-03
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Published in La Découverte, pp.128, 2019

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-02167739

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