100+ datasets found
  1. u

    Data from: Personal Inflation Calculator

    • zivahub.uct.ac.za
    xlsx
    Updated Aug 9, 2018
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    Darian Sagnelli (2018). Personal Inflation Calculator [Dataset]. http://doi.org/10.25375/uct.6882941.v1
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    xlsxAvailable download formats
    Dataset updated
    Aug 9, 2018
    Dataset provided by
    University of Cape Town
    Authors
    Darian Sagnelli
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Description

    Inflation rates experienced by different groups of consumers within a country vary. This is because the prices of goods and services and the expenditure patterns of consumers differ. The published inflation rate is used for important decisions regarding the preservation of consumer purchasing power. These include the adjustment of social grants and minimum wages by government and the benchmarking of returns by investors when making investment decisions. It is thus vital that inflation is measured accurately to ensure the purchasing power of consumers is preserved. Current measures of inflation published by Stats SA are applicable to typical consumers and are not relevant to each individual. This resource supplements a study that seeks to provide a publicly available model that can be used by consumers to calculate their personal rate of inflation.

  2. U.S. projected Consumer Price Index 2010-2029

    • statista.com
    Updated Aug 21, 2024
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    Statista (2024). U.S. projected Consumer Price Index 2010-2029 [Dataset]. https://www.statista.com/statistics/244993/projected-consumer-price-index-in-the-united-states/
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    Dataset updated
    Aug 21, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    In 2023, the U.S. Consumer Price Index was 309.42, and is projected to increase to 352.27 by 2029. The base period was 1982-84. The monthly CPI for all urban consumers in the U.S. can be accessed here. After a time of high inflation, the U.S. inflation rateis projected fall to two percent by 2027. United States Consumer Price Index ForecastIt is projected that the CPI will continue to rise year over year, reaching 325.6 in 2027. The Consumer Price Index of all urban consumers in previous years was lower, and has risen every year since 1992, except in 2009, when the CPI went from 215.30 in 2008 to 214.54 in 2009. The monthly unadjusted Consumer Price Index was 296.17 for the month of August in 2022. The U.S. CPI measures changes in the price of consumer goods and services purchased by households and is thought to reflect inflation in the U.S. as well as the health of the economy. The U.S. Bureau of Labor Statistics calculates the CPI and defines it as, "a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services." The BLS records the price of thousands of goods and services month by month. They consider goods and services within eight main categories: food and beverage, housing, apparel, transportation, medical care, recreation, education, and other goods and services. They aggregate the data collected in order to compare how much it would cost a consumer to buy the same market basket of goods and services within one month or one year compared with the previous month or year. Given that the CPI is used to calculate U.S. inflation, the CPI influences the annual adjustments of many financial institutions in the United States, both private and public. Wages, social security payments, and pensions are all affected by the CPI.

  3. U.S. consumer Price Index of all urban consumers 1992-2024

    • statista.com
    Updated Feb 10, 2025
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    Statista (2025). U.S. consumer Price Index of all urban consumers 1992-2024 [Dataset]. https://www.statista.com/statistics/190974/unadjusted-consumer-price-index-of-all-urban-consumers-in-the-us-since-1992/
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    Dataset updated
    Feb 10, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    In 2024, the consumer price index (CPI) was 315.61. Data represents U.S. city averages. The monthly inflation rate for the United States can be found here. United States urban Consumer Price Index (CPI) The U.S. Consumer Price Index is a measure of change in the price of consumer goods and services purchased by households. The CPI is defined by the United States Bureau of Labor Statistics as "a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services." To calculate the CPI, the Bureau of Labor Statistics considers the price of goods and services from various categories: housing, transportation, apparel, food & beverage, medical care, recreation, education and other/uncategorized. The CPI is a useful measure, as it indicates how the cost of urban living in the United States has changed over time, compared to a base period. CPI is also used to calculate inflation, or change in the purchasing power of money. According to the U.S. Bureau of Labor Statistics, the U.S. urban CPI has been rising steadily since 1992. As of 2023, the CPI was 304.7, up from 233 ten years earlier and up from 184 twenty years earlier. This indicates the extent to which, compared to a base period 1982-1984 = 100, the price of various goods and services has risen.

  4. Consumer Price Index (CPI)

    • catalog.data.gov
    • cloud.csiss.gmu.edu
    • +1more
    Updated May 16, 2022
    + more versions
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    Bureau of Labor Statistics (2022). Consumer Price Index (CPI) [Dataset]. https://catalog.data.gov/dataset/consumer-price-index-cpi-ee18b
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    Dataset updated
    May 16, 2022
    Dataset provided by
    Bureau of Labor Statisticshttp://www.bls.gov/
    Description

    The Consumer Price Index (CPI) is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. Indexes are available for the U.S. and various geographic areas. Average price data for select utility, automotive fuel, and food items are also available. Prices for the goods and services used to calculate the CPI are collected in 75 urban areas throughout the country and from about 23,000 retail and service establishments. Data on rents are collected from about 43,000 landlords or tenants. More information and details about the data provided can be found at http://www.bls.gov/cpi

  5. T

    United States Consumer Price Index (CPI)

    • tradingeconomics.com
    • fa.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Jun 11, 2025
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    TRADING ECONOMICS (2025). United States Consumer Price Index (CPI) [Dataset]. https://tradingeconomics.com/united-states/consumer-price-index-cpi
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    xml, csv, excel, jsonAvailable download formats
    Dataset updated
    Jun 11, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 31, 1950 - May 31, 2025
    Area covered
    United States
    Description

    Consumer Price Index CPI in the United States increased to 321.47 points in May from 320.80 points in April of 2025. This dataset provides the latest reported value for - United States Consumer Price Index (CPI) - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

  6. Median CPI

    • clevelandfed.org
    csv
    Updated Jun 11, 2025
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    Federal Reserve Bank of Cleveland (2025). Median CPI [Dataset]. https://www.clevelandfed.org/indicators-and-data/median-cpi
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    csvAvailable download formats
    Dataset updated
    Jun 11, 2025
    Dataset authored and provided by
    Federal Reserve Bank of Clevelandhttps://www.clevelandfed.org/
    Description

    The median CPI is a measure of inflation computed by the Federal Reserve Bank of Cleveland. It ranks the components of CPI inflation and picks the one in the middle. Its construction makes it less sensitive to short-lived price fluctuations, thereby better capturing the trend in prices. Released monthly.

  7. n

    Consumer Price Index (CPI)

    • db.nomics.world
    Updated Jul 11, 2025
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    DBnomics (2025). Consumer Price Index (CPI) [Dataset]. https://db.nomics.world/IMF/CPI
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    Dataset updated
    Jul 11, 2025
    Dataset provided by
    International Monetary Fund
    Authors
    DBnomics
    Description

    Consumer price indexes (CPIs) are index numbers that measure changes in the prices of goods and services purchased or otherwise acquired by households, which households use directly, or indirectly, to satisfy their own needs and wants. In practice, most CPIs are calculated as weighted averages of the percentage price changes for a specified set, or ‘‘basket’’, of consumer products, the weights reflecting their relative importance in household consumption in some period. CPIs are widely used to index pensions and social security benefits. CPIs are also used to index other payments, such as interest payments or rents, or the prices of bonds. CPIs are also commonly used as a proxy for the general rate of inflation, even though they measure only consumer inflation. They are used by some governments or central banks to set inflation targets for purposes of monetary policy. The price data collected for CPI purposes can also be used to compile other indices, such as the price indices used to deflate household consumption expenditures in national accounts, or the purchasing power parities used to compare real levels of consumption in different countries.

    In an effort to further coordinate and harmonize the collection of CPI data, the international organizations agreed that the International Monetary Fund (IMF) and the Organisation for Economic Cooperation and Development (OECD) would assume responsibility for the international collection and dissemination of national CPI data. Under this data collection initiative, countries are reporting the aggregate all items index; more detailed indexes and weights for 12 subgroups of consumption expenditure (according to the so-called COICOP-classification), and detailed metadata. These detailed data represent a valuable resource for data users throughout the world and this portal would not be possible without the ongoing cooperation of all reporting countries. In this effort, the OECD collects and validates the data for their member countries, including accession and key partner countries, whereas the IMF takes care of the collection of data for all other countries.

  8. U.S. monthly CPI of all urban consumers 2022-2025

    • statista.com
    • ai-chatbox.pro
    Updated Mar 11, 2025
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    Statista (2025). U.S. monthly CPI of all urban consumers 2022-2025 [Dataset]. https://www.statista.com/statistics/190981/monthly-unadjusted-consumer-price-index-in-the-us-since-april-2010/
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    Dataset updated
    Mar 11, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jan 2023 - Jan 2025
    Area covered
    United States
    Description

    In January 2025, the unadjusted consumer price index (CPI) of all items for urban consumers in the United States amounted to about 317.67. The data represents U.S. city averages. The base period was 1982-84=100. The CPI is defined by the United States Bureau of Labor Statistics as “a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services”. The annual consumer price index for urban consumers in the U.S. can be accessed here. Consumer Price Index The Consumer Price Index (CPI) began in 1919 under the Bureau of Labor Statistics and is published every month. The CPI for all urban consumers includes urban households in Metropolitan Statistical Areas and regions with over 2,500 inhabitants, as well as non-farm consumers living in rural regions. This index was established in 1978 and includes about 80 percent of the U.S. population. The monthly CPI of urban consumers in the United States increased from 292.3 in May 2022 to 304.13 in 2023. Inflation tends not to impact everyone equally for a variety of reasons, including geography - CPI often differs between regions, with a high of 287.49 in the Western region as of 2021. There are also disparities in inflation between income quartiles, in which inflation is generally felt more heavily by lower income households. The annual CPI in the United States has increased steadily over the past two decades, from 140.3 in 1992 to 292.56 in 2022. A forecast of the CPI expects this positive trend to continue, reaching 325.6 by 2027. As of March 2023, the CPI of the nation’s education had increased by 3.5 percent. Further, in the same month costs of recreation, rent, housing, medical care, and food and beverages, gasoline, and transportation increased. Comparatively, the CPI in Hong Kong reached 103.3 in 2022.

  9. F

    Inflation, consumer prices for the United States

    • fred.stlouisfed.org
    json
    Updated Apr 16, 2025
    + more versions
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    (2025). Inflation, consumer prices for the United States [Dataset]. https://fred.stlouisfed.org/series/FPCPITOTLZGUSA
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    jsonAvailable download formats
    Dataset updated
    Apr 16, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Area covered
    United States
    Description

    Graph and download economic data for Inflation, consumer prices for the United States (FPCPITOTLZGUSA) from 1960 to 2024 about consumer, CPI, inflation, price index, indexes, price, and USA.

  10. F

    Consumer Price Index for All Urban Consumers: All Items Less Food and Energy...

    • fred.stlouisfed.org
    json
    Updated Jun 11, 2025
    + more versions
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    (2025). Consumer Price Index for All Urban Consumers: All Items Less Food and Energy in U.S. City Average [Dataset]. https://fred.stlouisfed.org/series/CPILFESL
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    jsonAvailable download formats
    Dataset updated
    Jun 11, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Area covered
    United States
    Description

    Graph and download economic data for Consumer Price Index for All Urban Consumers: All Items Less Food and Energy in U.S. City Average (CPILFESL) from Jan 1957 to May 2025 about core, headline figure, all items, urban, consumer, CPI, inflation, price index, indexes, price, and USA.

  11. Research series Consumer price index electricity and gas

    • cbs.nl
    xlsx
    Updated Jun 30, 2023
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    Centraal Bureau voor de Statistiek (2023). Research series Consumer price index electricity and gas [Dataset]. https://www.cbs.nl/en-gb/custom/2023/26/research-series-consumer-price-index-electricity-and-gas
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    xlsxAvailable download formats
    Dataset updated
    Jun 30, 2023
    Dataset provided by
    Statistics Netherlands
    Authors
    Centraal Bureau voor de Statistiek
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Area covered
    The Netherlands
    Description

    The tables presented in this file are a supplement to the article “CBS switches to new method for calculating energy prices in the CPI”, published on 30 June 2023. The article presents the results of the research carried out by Statistics Netherlands (CBS) in order to develop new energy prices for the Consumer price index (CPI).

  12. T

    United States Inflation Rate MoM

    • tradingeconomics.com
    • tr.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Jun 11, 2025
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    TRADING ECONOMICS (2025). United States Inflation Rate MoM [Dataset]. https://tradingeconomics.com/united-states/inflation-rate-mom
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    csv, excel, json, xmlAvailable download formats
    Dataset updated
    Jun 11, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Feb 28, 1947 - May 31, 2025
    Area covered
    United States
    Description

    The Consumer Price Index in the United States increased 0.10 percent in May of 2025 over the previous month. This dataset provides - United States Inflation Rate MoM - actual values, historical data, forecast, chart, statistics, economic calendar and news.

  13. Inflation rate in China 2014-2030

    • ai-chatbox.pro
    • statista.com
    Updated May 30, 2025
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    Statista Research Department (2025). Inflation rate in China 2014-2030 [Dataset]. https://www.ai-chatbox.pro/?_=%2Ftopics%2F9230%2Fstagflation%2F%23XgboD02vawLZsmJjSPEePEUG%2FVFd%2Bik%3D
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    Dataset updated
    May 30, 2025
    Dataset provided by
    Statistahttp://statista.com/
    Authors
    Statista Research Department
    Description

    In 2024, the average annual inflation rate in China ranged at around 0.2 percent compared to the previous year. For 2025, projections by the IMF expect slightly negative inflation. The monthly inflation rate in China dropped to negative values in the first quarter of 2025. Calculation of inflation The inflation rate is calculated based on the Consumer Price Index (CPI) for China. The CPI is computed using a product basket that contains a predefined range of products and services on which the average consumer spends money throughout the year. Included are expenses for groceries, clothes, rent, power, telecommunications, recreational activities, and raw materials (e.g. gas, oil), as well as federal fees and taxes. The product basked is adjusted every five years to reflect changes in consumer preference and has been updated in 2020 for the last time. The inflation rate is then calculated using changes in the CPI. As the inflation of a country is seen as a key economic indicator, it is frequently used for international comparison. China's inflation in comparison Among the main industrialized and emerging economies worldwide, China displayed comparatively low inflation in 2023 and 2024. In previous years, China's inflation ranged marginally above the inflation rates of established industrialized powerhouses such as the United States or the European Union. However, this changed in 2021, as inflation rates in developed countries rose quickly, while prices in China only increased moderately. According to IMF estimates for 2024, Zimbabwe was expected to be the country with the highest inflation rate, with a consumer price increase of about 561 percent compared to 2023. In 2023, Turkmenistan had the lowest price increase worldwide with prices actually decreasing by about 1.7 percent.

  14. U.S. 12-month percentage of change CPI-U 2025, by expenditure category

    • statista.com
    Updated Mar 11, 2025
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    Statista (2025). U.S. 12-month percentage of change CPI-U 2025, by expenditure category [Dataset]. https://www.statista.com/statistics/216055/annual-percentage-of-change-in-the-us-cpi-u-by-expenditure-category/
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    Dataset updated
    Mar 11, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jan 2025
    Area covered
    United States
    Description

    In January 2025, gasoline prices were around 0.2 percent lower than in January 2024. The data represents city averages in the United States. The defined base period is: 1982-84=100. CPI is defined by the United States Bureau of Labor Statistics as "a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services". It is based on prices of food, clothing, shelter, fuels, transportation fares, charges for doctors’ and dentists’ services, drugs, and other goods and services that people buy for day-to-day living. The annual inflation rate in the U.S. since 1990 can be accessed here.

  15. w

    Consumer Price Indices

    • data360.worldbank.org
    Updated Aug 18, 2020
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    (2020). Consumer Price Indices [Dataset]. https://data360.worldbank.org/en/dataset/FAO_CP
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    Dataset updated
    Aug 18, 2020
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    2000 - 2024
    Description

    The FAOSTAT monthly Food CPI and General CPI database was based on the ILO CPI data until December 2014. In 2014, IMF-ILO-FAO agreed to transfer global CPI data compilation from ILO to IMF. Upon agreement, CPIs for all items and its sub components originates from the International Monetary Fund (IMF), and the UN Statistics Division(UNSD) for countries not covered by the IMF. However, due to a limited time coverage from IMF and UNSD for a number of countries, the Organisation for Economic Co-operation and Development (OECD), Central Bank of Western African States (BCEAO), Eastern Caribbean Central Bank (ECCB), UNdata, United Nations Conference on Trade and Development (UNCTAD) and national statistical office website data are used for missing historical data from IMF and UNSD food CPI.

    The FAO CPI dataset for all items(or general CPI) and the Food CPI, consists of a complete and consistent set of time series from January 2000 onwards. Data gaps on monthly Food CPI and General CPI are filled using statistical estimation procedures to have full data coverage for all countries for Food CPI and for General CPI. These indices measure the price change between the current and reference periods of the average basket of goods and services purchased by households. The General CPI is typically used to measure and monitor inflation, set monetary policy targets, index social benefits such as pensions and unemployment benefits, and to escalate thresholds and credits in the income tax systems and wages in public and private wage contracts. The FAOSTAT monthly Food CPI inflation rates are annual year-over-year inflation or percentage change over corresponding month of the previous year.

    The data included in Data360 is a subset of the data available from the source. Please refer to the source for complete data and methodology details.

    This collection includes only a subset of indicators from the source dataset.

  16. S

    Syria Consumer Price Index CPI Growth

    • ceicdata.com
    Updated Feb 15, 2025
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    CEICdata.com (2025). Syria Consumer Price Index CPI Growth [Dataset]. https://www.ceicdata.com/en/indicator/syria/consumer-price-index-cpi-growth
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    Dataset updated
    Feb 15, 2025
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 2022 - Dec 1, 2022
    Area covered
    Syria
    Description

    Key information about Syria Consumer Price Index CPI growth

    • Syria Consumer Price Index (CPI) growth was measured at 80.3 % YoY in Dec 2022, compared with a rate of 63.4 % in the previous month.
    • Syria Consumer Price Index growth data is updated monthly, available from Dec 2014 to Dec 2022, with an averaged number of 42.0 % YoY.
    • The data reached an all-time high of 188.4 % YoY in Mar 2021 and a record low of -0.5 % YoY in Apr 2018.

    CEIC calculates Consumer Price Index Growth from monthly Consumer Price Index. The Central Bureau of Statistics provides Consumer Price Index with base 2010=100.

  17. Consumer price inflation tables

    • ons.gov.uk
    • cy.ons.gov.uk
    xlsx
    Updated Jun 18, 2025
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    Office for National Statistics (2025). Consumer price inflation tables [Dataset]. https://www.ons.gov.uk/economy/inflationandpriceindices/datasets/consumerpriceinflation
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    xlsxAvailable download formats
    Dataset updated
    Jun 18, 2025
    Dataset provided by
    Office for National Statisticshttp://www.ons.gov.uk/
    License

    Open Government Licence 3.0http://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/
    License information was derived automatically

    Description

    Measures of monthly UK inflation data including CPIH, CPI and RPI. These tables complement the consumer price inflation time series dataset.

  18. China Consumer Price Index CPI Growth

    • ceicdata.com
    • dr.ceicdata.com
    Updated Feb 15, 2025
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    CEICdata.com (2025). China Consumer Price Index CPI Growth [Dataset]. https://www.ceicdata.com/en/indicator/china/consumer-price-index-cpi-growth
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    Dataset updated
    Feb 15, 2025
    Dataset provided by
    CEIC Data
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Mar 1, 2024 - Feb 1, 2025
    Area covered
    China
    Description

    Key information about China Consumer Price Index CPI growth

    • China Consumer Price Index (CPI) growth was measured at -0.7 % YoY in Feb 2025, compared with a rate of 0.5 % in the previous month.
    • China Consumer Price Index growth data is updated monthly, available from Jan 1985 to Feb 2025, with an averaged number of 2.5 % YoY.
    • The data reached an all-time high of 28.4 % YoY in Feb 1989 and a record low of -2.2 % YoY in May 1999.

    CEIC calculates Consumer Price Index Growth from monthly Consumer Price Index. The National Bureau of Statistics provides Consumer Price Index with base Previous Year=100. [COVID-19-IMPACT]

  19. 3

    Consumer Price Index (CPI) & Inflation Rate in India from FY'2014 to FY'2025...

    • 360analytika.com
    csv
    Updated Jun 4, 2025
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    360 Analytika (2025). Consumer Price Index (CPI) & Inflation Rate in India from FY'2014 to FY'2025 [Dataset]. https://360analytika.com/consumer-price-index-cpi-inflation-rate-in-india/
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    csvAvailable download formats
    Dataset updated
    Jun 4, 2025
    Dataset authored and provided by
    360 Analytika
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Area covered
    India
    Description

    The Consumer Price Index (CPI) is a measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care. It is calculated by taking price changes for each item in the predetermined basket and averaging them. Prices are collected periodically, and the CPI is often used to measure inflation, reflecting the cost of living. The CPI is typically set against a base year. The index is set to 100 in the base year, and changes in the CPI indicate price changes compared to that year. A typical household might purchase a wide range of products and services. Items in the basket are weighted according to their importance or share in total household spending. The Inflation Rate is the percentage increase in the general level of prices for goods and services over a period of time. It indicates how much prices have risen over a specific period, typically a year. Higher inflation decreases the purchasing power of money, meaning consumers can buy less with the same amount of money.It reflects the overall health of an economy. Moderate inflation is expected in a growing economy, but hyperinflation can indicate economic instability. The Inflation Rate is calculated using the following formula: Inflation Rate (%) = ((CPI in Current Year−CPI in Previous Year)/ (CPI in Previous Year))×100

  20. Consumer Price Index 2021 - West Bank and Gaza

    • pcbs.gov.ps
    Updated May 18, 2023
    + more versions
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    Palestinian Central Bureau of Statistics (2023). Consumer Price Index 2021 - West Bank and Gaza [Dataset]. https://www.pcbs.gov.ps/PCBS-Metadata-en-v5.2/index.php/catalog/711
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    Dataset updated
    May 18, 2023
    Dataset authored and provided by
    Palestinian Central Bureau of Statisticshttp://pcbs.gov.ps/
    Time period covered
    2021
    Area covered
    West Bank, Gaza, Gaza Strip
    Description

    Abstract

    The Consumer price surveys primarily provide the following: Data on CPI in Palestine covering the West Bank, Gaza Strip and Jerusalem J1 for major and sub groups of expenditure. Statistics needed for decision-makers, planners and those who are interested in the national economy. Contribution to the preparation of quarterly and annual national accounts data.

    Consumer Prices and indices are used for a wide range of purposes, the most important of which are as follows: Adjustment of wages, government subsidies and social security benefits to compensate in part or in full for the changes in living costs. To provide an index to measure the price inflation of the entire household sector, which is used to eliminate the inflation impact of the components of the final consumption expenditure of households in national accounts and to dispose of the impact of price changes from income and national groups. Price index numbers are widely used to measure inflation rates and economic recession. Price indices are used by the public as a guide for the family with regard to its budget and its constituent items. Price indices are used to monitor changes in the prices of the goods traded in the market and the consequent position of price trends, market conditions and living costs. However, the price index does not reflect other factors affecting the cost of living, e.g. the quality and quantity of purchased goods. Therefore, it is only one of many indicators used to assess living costs. It is used as a direct method to identify the purchasing power of money, where the purchasing power of money is inversely proportional to the price index.

    Geographic coverage

    Palestine West Bank Gaza Strip Jerusalem

    Analysis unit

    The target population for the CPI survey is the shops and retail markets such as grocery stores, supermarkets, clothing shops, restaurants, public service institutions, private schools and doctors.

    Universe

    The target population for the CPI survey is the shops and retail markets such as grocery stores, supermarkets, clothing shops, restaurants, public service institutions, private schools and doctors.

    Kind of data

    Sample survey data [ssd]

    Sampling procedure

    A non-probability purposive sample of sources from which the prices of different goods and services are collected was updated based on the establishment census 2017, in a manner that achieves full coverage of all goods and services that fall within the Palestinian consumer system. These sources were selected based on the availability of the goods within them. It is worth mentioning that the sample of sources was selected from the main cities inside Palestine: Jenin, Tulkarm, Nablus, Qalqiliya, Ramallah, Al-Bireh, Jericho, Jerusalem, Bethlehem, Hebron, Gaza, Jabalia, Dier Al-Balah, Nusseirat, Khan Yunis and Rafah. The selection of these sources was considered to be representative of the variation that can occur in the prices collected from the various sources. The number of goods and services included in the CPI is approximately 730 commodities, whose prices were collected from 3,200 sources. (COICOP) classification is used for consumer data as recommended by the United Nations System of National Accounts (SNA-2008).

    Sampling deviation

    Not apply

    Mode of data collection

    Computer Assisted Personal Interview [capi]

    Research instrument

    A tablet-supported electronic form was designed for price surveys to be used by the field teams in collecting data from different governorates, with the exception of Jerusalem J1. The electronic form is supported with GIS, and GPS mapping technique that allow the field workers to locate the outlets exactly on the map and the administrative staff to manage the field remotely. The electronic questionnaire is divided into a number of screens, namely: First screen: shows the metadata for the data source, governorate name, governorate code, source code, source name, full source address, and phone number. Second screen: shows the source interview result, which is either completed, temporarily paused or permanently closed. It also shows the change activity as incomplete or rejected with the explanation for the reason of rejection. Third screen: shows the item code, item name, item unit, item price, product availability, and reason for unavailability. Fourth screen: checks the price data of the related source and verifies their validity through the auditing rules, which was designed specifically for the price programs. Fifth screen: saves and sends data through (VPN-Connection) and (WI-FI technology).

    In case of the Jerusalem J1 Governorate, a paper form has been designed to collect the price data so that the form in the top part contains the metadata of the data source and in the lower section contains the price data for the source collected. After that, the data are entered into the price program database.

    Cleaning operations

    The price survey forms were already encoded by the project management depending on the specific international statistical classification of each survey. After the researcher collected the price data and sent them electronically, the data was reviewed and audited by the project management. Achievement reports were reviewed on a daily and weekly basis. Also, the detailed price reports at data source levels were checked and reviewed on a daily basis by the project management. If there were any notes, the researcher was consulted in order to verify the data and call the owner in order to correct or confirm the information.

    At the end of the data collection process in all governorates, the data will be edited using the following process: Logical revision of prices by comparing the prices of goods and services with others from different sources and other governorates. Whenever a mistake is detected, it should be returned to the field for correction. Mathematical revision of the average prices for items in governorates and the general average in all governorates. Field revision of prices through selecting a sample of the prices collected from the items.

    Response rate

    Not apply

    Sampling error estimates

    The findings of the survey may be affected by sampling errors due to the use of samples in conducting the survey rather than total enumeration of the units of the target population, which increases the chances of variances between the actual values we expect to obtain from the data if we had conducted the survey using total enumeration. The computation of differences between the most important key goods showed that the variation of these goods differs due to the specialty of each survey. For example, for the CPI, the variation between its goods was very low, except in some cases such as banana, tomato, and cucumber goods that had a high coefficient of variation during 2019 due to the high oscillation in their prices. The variance of the key goods in the computed and disseminated CPI survey that was carried out on the Palestine level was for reasons related to sample design and variance calculation of different indicators since there was a difficulty in the dissemination of results by governorates due to lack of weights. Non-sampling errors are probable at all stages of data collection or data entry. Non-sampling errors include: Non-response errors: the selected sources demonstrated a significant cooperation with interviewers; so, there wasn't any case of non-response reported during 2019. Response errors (respondent), interviewing errors (interviewer), and data entry errors: to avoid these types of errors and reduce their effect to a minimum, project managers adopted a number of procedures, including the following: More than one visit was made to every source to explain the objectives of the survey and emphasize the confidentiality of the data. The visits to data sources contributed to empowering relations, cooperation, and the verification of data accuracy. Interviewer errors: a number of procedures were taken to ensure data accuracy throughout the process of field data compilation: Interviewers were selected based on educational qualification, competence, and assessment. Interviewers were trained theoretically and practically on the questionnaire. Meetings were held to remind interviewers of instructions. In addition, explanatory notes were supplied with the surveys. A number of procedures were taken to verify data quality and consistency and ensure data accuracy for the data collected by a questioner throughout processing and data entry (knowing that data collected through paper questionnaires did not exceed 5%): Data entry staff was selected from among specialists in computer programming and were fully trained on the entry programs. Data verification was carried out for 10% of the entered questionnaires to ensure that data entry staff had entered data correctly and in accordance with the provisions of the questionnaire. The result of the verification was consistent with the original data to a degree of 100%. The files of the entered data were received, examined, and reviewed by project managers before findings were extracted. Project managers carried out many checks on data logic and coherence, such as comparing the data of the current month with that of the previous month, and comparing the data of sources and between governorates. Data collected by tablet devices were checked for consistency and accuracy by applying rules at item level to be checked.

    Data appraisal

    Other technical procedures to improve data quality: Seasonal adjustment processes

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Darian Sagnelli (2018). Personal Inflation Calculator [Dataset]. http://doi.org/10.25375/uct.6882941.v1

Data from: Personal Inflation Calculator

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Dataset updated
Aug 9, 2018
Dataset provided by
University of Cape Town
Authors
Darian Sagnelli
License

Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically

Description

Inflation rates experienced by different groups of consumers within a country vary. This is because the prices of goods and services and the expenditure patterns of consumers differ. The published inflation rate is used for important decisions regarding the preservation of consumer purchasing power. These include the adjustment of social grants and minimum wages by government and the benchmarking of returns by investors when making investment decisions. It is thus vital that inflation is measured accurately to ensure the purchasing power of consumers is preserved. Current measures of inflation published by Stats SA are applicable to typical consumers and are not relevant to each individual. This resource supplements a study that seeks to provide a publicly available model that can be used by consumers to calculate their personal rate of inflation.

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