Index Number

consumer outlay exponent (Consumer damage business leader) A consumer hurt index (CPI) measures limitings in the price level of consumer goods and operate purchased by househ darkeneds. The CPI is a statistical estimate constructed using the prices of a assay of representative items whose prices are collected periodic every last(predicate)y. realize domestic product deflator In stintings, the GDP deflator (implicit price deflator for GDP) is a measure of the level of prices of altogether raw(a), domestically produced, final goods and services in an parsimony.GDP stands for gross domestic product, the total value of all final goods and services produced within that economy during a specified period. WPI (whole sale price index) The abbreviation for Wholesale legal injury forefinger, which is an index of the prices paid by retail stores for the products they would in the end resell to consumers. The Wholesale Price Index, truncated WPI, was the forerunner of the modern P roducer Price Index (PPI). The WPI was first published in 1902, and was one of the more important economic indicators available to policy makers until it was replaced by the PPI in 1978.The change to Producer Price Index in 1978 reflected, as much as a name change, a change in focus of this index off from the limited wholesaler-to-retailer transaction to encompass all stages of production. While the WPI is no longer available, the family of maker price indexes provides a close opposite number in the Finished Goods Price Index. PPI Producers price index Producers price index focuses on prices of goods and services that are received by the producer. This is different from the retail prices, which include transfer costs, taxes and other levies natural Price Indicator (SPI) Sensitive Price Indicator (SPI) is designed to appraise price movement of essential consumer items at short intervals (on weekly basis) so as to take corrective measures. Laspeyres . This compares the price of the old basket of goods for the old and new prices. Paasche . This compares the price of the new basket of goods for the old and new prices. variables price quantity CPI fixed (Laspyere price index) GDP deflator improve PPI inflexible (Laspyere price index) SPI Fixed (Laspyere price index) WPI Fixed (Laspyere price index)