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Big Mac Index, Inflation forecast and Average Salary
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The Big Mac index was invented by The Economist in 1986 as a lighthearted guide to whether currencies are at their “correct” level. It is based on the theory of purchasing-power parity (PPP). By diverting the average national Big Mac prices to U.S. dollars, the same goods can be informally compared. So when the price of a burger is considered, the economic value of all these factors is accounted for. Thus, comparing the prices of similar burgers in two countries reflects a region’s cost of living and affordability. This is the theory behind Burgernomics.
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Inflation forecast is measured in terms of the consumer price index (CPI) or harmonised index of consumer prices (HICP) for euro area countries, the euro area aggregate and the United Kingdom. Inflation measures the general evolution of prices. It is defined as the change in the prices of a basket of goods and services that are typically purchased by households. Projections are based on an assessment of the economic climate in individual countries and the world economy, using a combination of model-based analyses and expert judgement. The indicator is expressed in annual growth rates.
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The average salary is calculated based on reported salaries of respondents. The average salary definition is to add the salaries in the sample together, then divide by the number of respondents. The result is the average salary for everyone surveyed.
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TwitterWhen inflation occurs in a country, the value of the currency decreases. That means that the purchasing power consumers have with a fixed amount of money decreases. Wages, especially lower and middle class wages, usually increase at a MUCH slower rate than prices of consumer goods; so consumers are likely to make the same wage, but are not able to buy the same amount of goods and services. Consumers in countries with hyperinflation suffer greatly because of this economic phenomenon.
Data was downloaded from: Link
For notes/metadata regarding the definition, measurement, or data collection for a certain country or group can be found by downloading the excel file from the linked webpage.
Original data provider: International Monetary Fund, World Development Indicators. License : CC BY-4.0.
INDICATOR_CODE: FP.CPI.TOTL.ZG
INDICATOR_NAME: Inflation, consumer prices (annual %)
SOURCE_NOTE: Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly.
The Laspeyres formula is generally used.
Years included: 1960-2016
The following countries have no values for any year:
Somalia
Puerto Rico
Guam
US Virgin Islands
The dataset also conains some records that refer to groups of countries, which may be useful for those with no recorded values. Some of those groups are:
Fragile and conflict affected situations
Heavily indebted poor countries (HIPC)
Caribbean small states
Latin America & Caribbean (excluding high income)
Latin America & the Caribbean (IDA & IBRD countries)
East Asia & Pacific (excluding high income)
East Asia & Pacific (IDA & IBRD countries)
Least developed countries: UN classification
Middle East & North Africa (IDA & IBRD countries)
If this data is being used for the Kiva Crowdfunding Data Science for Good event; The following countries (as they are named in this dataset), are named slightly differently in the Kiva dataset (to the best of my knowledge). For example, West Bank in Gaza is referred to as Palestine in the Kiva Dataset.
Congo, Dem. Rep.
Congo, Rep.
Kyrgyz Republic
Lao PDR
Myanmar
West Bank and Gaza
St. Vincent and the Grenadines
Virgin Islands (U.S.)
Yemen, Rep.
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Belgium Consumer Price Index (CPI): Weights: Education: Not Defined data was reported at 0.731 Per 1000 in 2025. This records an increase from the previous number of 0.713 Per 1000 for 2024. Belgium Consumer Price Index (CPI): Weights: Education: Not Defined data is updated yearly, averaging 0.330 Per 1000 from Dec 2018 (Median) to 2025, with 8 observations. The data reached an all-time high of 0.731 Per 1000 in 2025 and a record low of 0.212 Per 1000 in 2019. Belgium Consumer Price Index (CPI): Weights: Education: Not Defined data remains active status in CEIC and is reported by Directorate-General Statistics - Statistics Belgium. The data is categorized under Global Database’s Belgium – Table BE.I010: Consumer Price Index: Weights.
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Israel IL: Consumer Price Index (CPI): Local Source Base Year: Recreation and Culture data was reported at 107.900 2020=100 in Dec 2022. This records a decrease from the previous number of 109.933 2020=100 for Sep 2022. Israel IL: Consumer Price Index (CPI): Local Source Base Year: Recreation and Culture data is updated quarterly, averaging 104.367 2020=100 from Mar 1985 (Median) to Dec 2022, with 152 observations. The data reached an all-time high of 114.900 2020=100 in Sep 1999 and a record low of 10.633 2020=100 in Mar 1985. Israel IL: Consumer Price Index (CPI): Local Source Base Year: Recreation and Culture data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Israel – Table IL.OECD.MEI: Consumer Price Index: COICOP 1999: OECD Member: Quarterly. The CPI measures the change in prices which consumer pay for fixed market basket of consumption goods and services. Price coverage: Prices include applicable taxes (VAT) and fees on the products at the time of sale. Cash payments are the basis for the price survey. Monthly installment payment and credit card interest are excluded. Price collection procedure: The data collection methods are adapted according to the specific characteristics of the CPI classes. The main price surveys are: Computer Assisted Telephone Interviews (CATI), conducted by the CBS staff at the central office; Computer Assisted Personal Interviews (CAPI) by field collectors with handheld personal computers (HPC) and Direct Data Entry (DDE) into the database. Also for some special items Internet is used either in parallel with CAPI or as a part of DDE collection. The CPI includes a measure of rented housing Owner Occupied Housing (OOH) is included in the CPI and is calculated using rental equivalent method. The method for imputation of OOH is based on stratified average prices of contracts that are subject to renewal. In order to reduce variance in the monthly series, two month moving averages are compared each month. However, the method for OOH still leaves room for quality differences to play role in month-to-month average price changes. The method relies on successful stratification of apartments to groups whose relative price changes are as similar as possible. While the stratification is based on apartment location and number of rooms, some quality characteristics may experience month-to-month variation. Treatment of own account production is not included Goods and services sold illegally, second hand goods, goods and services partially or totally subsidized by the government and financial transactions are not included. Insurance: Insurance of personal transport and Health insurance (private and provided by the Government) are included. Treatment of missing items: Price changes for missing observations are imputed based on the price movements of other observations of the same item. Selection of replacement items: Products that become permantely unavailable are replaced in the sample and enumerators select a replacement possessing as many of the same quality characteristics as possible. Prices from previous period are sought for the replacement item for linking purpose. Treatment of quality change: There are two types of replacement approach: comparable and non-comparable. If a new product possesses the previously defined important characteristics of the old product, the new product is defined as comparable and a minor quality change is regarded as price change. Otherwise, if a significant quality change is introduced, the new product is defined as not comparable. The breakage in price series is treated by the linking method. Explicit quality adjustments are usually not performed. Hedonic methods are being considered but not yet implemented. In some cases, where the product cycle is short and new versions with improved quality characteristics are frequently introduced, the overlap method may give biased estimates. Introduction of new products: New items are introduced when the market basket is updated. New products are introduced into the sample as they gain significant market share. Business and professional periodicles are closely followed to gain information on new products that are gaining consumer demand. Seasonal items: Missing prices for seasonal products are imputed. Certain procedures are in place to avoid too early reintroduction of seasonal products back to the index. For price changes a bridge method is used when the items are reintroduced to the collection. Index series are also calculated and released in seasonally adjusted form.; Index series starts in November 1985
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TwitterThis dataset provides statistics on real gross domestic product (GDP) and real GDP per capita for subnational regions. Real values are deflation-adjusted using the Regional Producer Price Index (ROPI), where available.
Data source and definition
Regional gross domestic product data is collected at current prices, in millions of national currency from Eurostat (reg_eco10) for EU countries and via delegates of the OECD Working Party on Territorial Indicators (WPTI), as well as from national statistical offices' websites.
To allow comparability over time and between countries, data at current prices are transformed into constant prices and purchasing power parity measures. Regional GDP per capita is calculated by dividing regional GDP by the average annual population of the region.
See method and detailed data sources in Regions and Cities at a Glance 2024, Annex.
Definition of regions
Regions are subnational units below national boundaries. OECD countries have two regional levels: large regions (territorial level 2 or TL2) and small regions (territorial level 3 or TL3). The OECD regions are presented in the OECD Territorial grid (pdf) and in the OECD Territorial correspondence table (xlsx).
Use of economic data on small regions
When economic analyses are carried out at the TL3 level, it is advisable to aggregate data at the metropolitan region level when several TL3 regions are associated to the same metropolitan region. Metropolitan regions combine TL3 regions when 50% or more of the regional population live in a functionnal urban areas above 250 000 inhabitants. This approach corrects the distortions created by commuting. Correspondence between TL3 and metropolitan regions:(xlsx).
Small regions (TL3) are categorized based on shared characteristics into regional typologies. See the economic indicators aggregated by territorial typology at country level on the access to City typology (link) and by urban-rural typology (link).
Cite this dataset
OECD Regions and Cities databases http://oe.cd/geostats
Further information
Contact: RegionStat@oecd.org
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The Harmonised Index of Consumer Prices (HICP) gives comparable measures of inflation for the countries and country groups for which it is produced. It is an economic indicator that measures the change over time of the prices of consumer goods and services acquired by households. In other words, it is a set of consumer price indices (CPI) calculated according to a harmonised approach and a set of definitions as laid down in Regulations and Recommendations.
In addition, the HICP provides the official measure of consumer price inflation in the https://ec.europa.eu/eurostat/statistics-explained/index.php?title=Glossary:Euro_area">euro area for the purposes of monetary policy and the assessment of inflation convergence as required under the Maastricht criteria for accession to the euro.
The HICP is available for all EU Member States, Iceland, Norway and Switzerland. In addition to the individual country series there are three country groups: the euro area (EA), the European Union (EU), and the European Economic Area (https://ec.europa.eu/eurostat/statistics-explained/index.php?title=Glossary:European_Economic_Area_(EEA)" target="_blank">EEA), the latter covering Iceland and Norway, in addition to the EU. Liechtenstein does not produce HICP and is therefore not included in the EEA HICP aggregate.
The official indices for the country-groups reflect the changing country composition of the EA, the EU and the EEA. The HICP for new Member States is chained into the aggregate indices at the time of accession. For analytical purposes Eurostat also computes country-group indices with stable country composition over time.
HICP for Albania, Montenegro, North Macedonia, Serbia, Türkiye (candidate countries), as well as Kosovo (*) are also published. Their data is flagged with 'd' ('definition differs'), given that its conformity with the methodological HICP requirements has not been evaluated by Eurostat.
A proxy-HICP for the all-items index and main headings is also available for the United States.
National HICPs are produced by National Statistical Institutes (NSIs), while country-group indices (EU, EA and EEA) are produced by https://ec.europa.eu/eurostat/statistics-explained/index.php?title=Glossary:Eurostat" target="_blank">Eurostat.
The data are released monthly in Eurostat's database and include price indices and rates of change (monthly, annual and 12-month moving average changes). In addition to the headline 'all-items HICP', a number of sub-indices for different goods and services and special aggregates are available.
Every year, with the release of the January data, the relative weights for the indices and the special aggregates (item weights) as well as the individual countries' weight within the country groups (country weights) are published.
Eurostat publishes early estimates, called 'flash estimate', of the euro area overall inflation rate and selected components. These are published monthly, usually on the last working day of the reference month.
(*) Under United Nations Security Council Resolution 1244/99.
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Researchers claim that the Ease of Doing Business (EDBI) is an index that represents only one facet of the conditions of the business environment because the data is collected from companies of a certain size and city. When considering the problem of the representativeness of the EDBI, researchers assume that all the variables in the index vary according to the size of the company or city. In fact, many EDBI variables vary according to the size of the company or city e.g. variables related to public bureaucracy and which are measured by the time and the number of procedures required to do business (World Bank 2018). However, another part of the EDBI variables fits into the classic definition of Transaction Costs. That is, non-operating costs present in all transactions and which resemble transport fees or taxes. Among the EDBI variables, seventeen variables fit this definition because they are precisely taxes and fees regulated by governments that affect companies across the economy (World Bank 2018). This data set is used to create a new index to better represent the conditions of the countries' business environment. The data from twenty countries of Latin America (LA) are retrieved from the World DataBank database (World Bank 2020), which excludes Cuba due to the unavailability of the data.
The selected variables were weighted according to the opinion of ten experts. The evaluation data of these specialists, as well as the calculations used to find the weights are also available.
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IL: CPI: Local Source Base Year: All Items data was reported at 108.000 2020=100 in Dec 2022. This records an increase from the previous number of 107.700 2020=100 for Nov 2022. IL: CPI: Local Source Base Year: All Items data is updated monthly, averaging 62.000 2020=100 from Jan 1970 (Median) to Dec 2022, with 636 observations. The data reached an all-time high of 108.000 2020=100 in Dec 2022 and a record low of 0.001 2020=100 in Jan 1970. IL: CPI: Local Source Base Year: All Items data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Israel – Table IL.OECD.MEI: Consumer Price Index: COICOP 1999: OECD Member. The CPI measures the change in prices which consumer pay for fixed market basket of consumption goods and services. Price coverage: Prices include applicable taxes (VAT) and fees on the products at the time of sale. Cash payments are the basis for the price survey. Monthly installment payment and credit card interest are excluded. Price collection procedure: The data collection methods are adapted according to the specific characteristics of the CPI classes. The main price surveys are: Computer Assisted Telephone Interviews (CATI), conducted by the CBS staff at the central office; Computer Assisted Personal Interviews (CAPI) by field collectors with handheld personal computers (HPC) and Direct Data Entry (DDE) into the database. Also for some special items Internet is used either in parallel with CAPI or as a part of DDE collection. The CPI includes a measure of rented housing Owner Occupied Housing (OOH) is included in the CPI and is calculated using rental equivalent method. The method for imputation of OOH is based on stratified average prices of contracts that are subject to renewal. In order to reduce variance in the monthly series, two month moving averages are compared each month. However, the method for OOH still leaves room for quality differences to play role in month-to-month average price changes. The method relies on successful stratification of apartments to groups whose relative price changes are as similar as possible. While the stratification is based on apartment location and number of rooms, some quality characteristics may experience month-to-month variation. Treatment of own account production is not included Goods and services sold illegally, second hand goods, goods and services partially or totally subsidized by the government and financial transactions are not included. Insurance: Insurance of personal transport and Health insurance (private and provided by the Government) are included. Treatment of missing items: Price changes for missing observations are imputed based on the price movements of other observations of the same item. Selection of replacement items: Products that become permantely unavailable are replaced in the sample and enumerators select a replacement possessing as many of the same quality characteristics as possible. Prices from previous period are sought for the replacement item for linking purpose. Treatment of quality change: There are two types of replacement approach: comparable and non-comparable. If a new product possesses the previously defined important characteristics of the old product, the new product is defined as comparable and a minor quality change is regarded as price change. Otherwise, if a significant quality change is introduced, the new product is defined as not comparable. The breakage in price series is treated by the linking method. Explicit quality adjustments are usually not performed. Hedonic methods are being considered but not yet implemented. In some cases, where the product cycle is short and new versions with improved quality characteristics are frequently introduced, the overlap method may give biased estimates. Introduction of new products: New items are introduced when the market basket is updated. New products are introduced into the sample as they gain significant market share. Business and professional periodicles are closely followed to gain information on new products that are gaining consumer demand. Seasonal items: Missing prices for seasonal products are imputed. Certain procedures are in place to avoid too early reintroduction of seasonal products back to the index. For price changes a bridge method is used when the items are reintroduced to the collection. Index series are also calculated and released in seasonally adjusted form.; Index series starts in January 1970
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Short Description: The industrial domestic output price index measures the average price development of all goods and related services resulting from the activity of the industry sector and sold on the domestic market. The domestic output price index shows the monthly development of transaction prices of economic activities. The domestic market is defined as customers resident in the same national territory as the observation unit. Data are compiled according to the Statistical classification of economic activities in the European Community, (NACE Rev. 2, Eurostat). Industrial producer prices are compiled as a "fixed base year Laspeyres type price-index". The current base year is 2015 (Index 2015 =100). Indexes, as well as both growth rates with respect to the previous month (M/M-1) and with respect to the corresponding month of the previous year (M/M-12) are presented in raw form.
Metadata: https://ec.europa.eu/eurostat/cache/metadata/en/sts_esms.htm
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TwitterCost of Living Index (Excl. Rent) is a relative indicator of consumer goods prices, including groceries, restaurants, transportation and utilities. Cost of Living Index does not include accommodation expenses such as rent or mortgage. If a city has a Cost of Living Index of 120, it means Numbeo has estimated it is 20% more expensive than New York (excluding rent).
Please refer further to: https://www.numbeo.com/cost-of-living/cpi_explained.jsp for motivation and methodology.
All credits to https://www.numbeo.com .
This dataset would surely help socio-economic researchers to analyse and get deeper insights regarding the life of people country-wise.
Thanks to @andradaolteanu for the motivation! Upwards and onwards...
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Consumer Price Index CPI in Pakistan increased to 281.78 points in November from 280.66 points in October of 2025. This dataset provides - Pakistan Consumer Price Index (CPI) - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Israel IL: Consumer Price Index (CPI): Local Source Base Year: Communication data was reported at 91.100 2020=100 in Dec 2022. This records a decrease from the previous number of 91.733 2020=100 for Sep 2022. Israel IL: Consumer Price Index (CPI): Local Source Base Year: Communication data is updated quarterly, averaging 135.667 2020=100 from Mar 1985 (Median) to Dec 2022, with 152 observations. The data reached an all-time high of 161.333 2020=100 in Jun 2011 and a record low of 17.967 2020=100 in Mar 1985. Israel IL: Consumer Price Index (CPI): Local Source Base Year: Communication data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Israel – Table IL.OECD.MEI: Consumer Price Index: COICOP 1999: OECD Member: Quarterly. The CPI measures the change in prices which consumer pay for fixed market basket of consumption goods and services. Price coverage: Prices include applicable taxes (VAT) and fees on the products at the time of sale. Cash payments are the basis for the price survey. Monthly installment payment and credit card interest are excluded. Price collection procedure: The data collection methods are adapted according to the specific characteristics of the CPI classes. The main price surveys are: Computer Assisted Telephone Interviews (CATI), conducted by the CBS staff at the central office; Computer Assisted Personal Interviews (CAPI) by field collectors with handheld personal computers (HPC) and Direct Data Entry (DDE) into the database. Also for some special items Internet is used either in parallel with CAPI or as a part of DDE collection. The CPI includes a measure of rented housing Owner Occupied Housing (OOH) is included in the CPI and is calculated using rental equivalent method. The method for imputation of OOH is based on stratified average prices of contracts that are subject to renewal. In order to reduce variance in the monthly series, two month moving averages are compared each month. However, the method for OOH still leaves room for quality differences to play role in month-to-month average price changes. The method relies on successful stratification of apartments to groups whose relative price changes are as similar as possible. While the stratification is based on apartment location and number of rooms, some quality characteristics may experience month-to-month variation. Treatment of own account production is not included Goods and services sold illegally, second hand goods, goods and services partially or totally subsidized by the government and financial transactions are not included. Insurance: Insurance of personal transport and Health insurance (private and provided by the Government) are included. Treatment of missing items: Price changes for missing observations are imputed based on the price movements of other observations of the same item. Selection of replacement items: Products that become permantely unavailable are replaced in the sample and enumerators select a replacement possessing as many of the same quality characteristics as possible. Prices from previous period are sought for the replacement item for linking purpose. Treatment of quality change: There are two types of replacement approach: comparable and non-comparable. If a new product possesses the previously defined important characteristics of the old product, the new product is defined as comparable and a minor quality change is regarded as price change. Otherwise, if a significant quality change is introduced, the new product is defined as not comparable. The breakage in price series is treated by the linking method. Explicit quality adjustments are usually not performed. Hedonic methods are being considered but not yet implemented. In some cases, where the product cycle is short and new versions with improved quality characteristics are frequently introduced, the overlap method may give biased estimates. Introduction of new products: New items are introduced when the market basket is updated. New products are introduced into the sample as they gain significant market share. Business and professional periodicles are closely followed to gain information on new products that are gaining consumer demand. Seasonal items: Missing prices for seasonal products are imputed. Certain procedures are in place to avoid too early reintroduction of seasonal products back to the index. For price changes a bridge method is used when the items are reintroduced to the collection. Index series are also calculated and released in seasonally adjusted form.; Index series starts in November 1985
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View data of PCE, an index that measures monthly changes in the price of consumer goods and services as a means of analyzing inflation.
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TwitterThis dataset provides statistics on labour productivity for large and small regions. Real values are deflation-adjusted using the Regional Producer Price Index (ROPI), where available.
Data source and definition
Labour productivity is measured as gross value added per employment at place of work by main economic activity. Regional gross value added and employment data are collected from Eurostat (reg_eco10) for EU countries and via delegates of the OECD Working Party on Territorial Indicators (WPTI), as well as from national statistical offices' websites. In order to allow comparability over time and across countries, data in current prices are transformed into constant prices and PPP measures.
See method and detailed data sources in Regions and Cities at a Glance 2024, Annex.
Definition of regions
Regions are subnational units below national boundaries. OECD countries have two regional levels: large regions (territorial level 2 or TL2) and small regions (territorial level 3 or TL3). The OECD regions are presented in the OECD Territorial grid (pdf) and in the OECD Territorial correspondence table (xlsx).
Use of economic data on small regions
When economic analyses are carried out at the TL3 level, it is advisable to aggregate data at the metropolitan region level when several TL3 regions are associated to the same metropolitan region. Metropolitan regions combine TL3 regions when 50% or more of the regional population live in a functionnal urban areas above 250 000 inhabitants. This approach corrects the distortions created by commuting. Correspondence between TL3 and metropolitan regions:(xlsx).
Small regions (TL3) are categorized based on shared characteristics into regional typologies. See the economic indicators aggregated by territorial typology at country level on the access to City typology (link) and by urban-rural typology (link).
Cite this dataset
OECD Regions and Cities databases http://oe.cd/geostats
Further information
Contact: RegionStat@oecd.org
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Germany Consumer Price Index (CPI): Weights: MS: Insurance: CT: Transport Means data was reported at 8.320 Per 1000 in 2023. This stayed constant from the previous number of 8.320 Per 1000 for 2022. Germany Consumer Price Index (CPI): Weights: MS: Insurance: CT: Transport Means data is updated yearly, averaging 8.320 Per 1000 from Dec 2020 (Median) to 2023, with 4 observations. The data reached an all-time high of 8.320 Per 1000 in 2023 and a record low of 8.320 Per 1000 in 2023. Germany Consumer Price Index (CPI): Weights: MS: Insurance: CT: Transport Means data remains active status in CEIC and is reported by Statistisches Bundesamt. The data is categorized under Global Database’s Germany – Table DE.I032: Consumer Price Index: Weights: Annual.
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Israel IL: Consumer Price Index (CPI): Local Source Base Year: Furnishings, Household Equipment and Routine Household Maintenance data was reported at 108.858 2020=100 in 2022. This records an increase from the previous number of 103.408 2020=100 for 2021. Israel IL: Consumer Price Index (CPI): Local Source Base Year: Furnishings, Household Equipment and Routine Household Maintenance data is updated yearly, averaging 113.642 2020=100 from Dec 1985 (Median) to 2022, with 38 observations. The data reached an all-time high of 145.683 2020=100 in 1999 and a record low of 31.475 2020=100 in 1985. Israel IL: Consumer Price Index (CPI): Local Source Base Year: Furnishings, Household Equipment and Routine Household Maintenance data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Israel – Table IL.OECD.MEI: Consumer Price Index: COICOP 1999: OECD Member: Annual. The CPI measures the change in prices which consumer pay for fixed market basket of consumption goods and services. Price coverage: Prices include applicable taxes (VAT) and fees on the products at the time of sale. Cash payments are the basis for the price survey. Monthly installment payment and credit card interest are excluded. Price collection procedure: The data collection methods are adapted according to the specific characteristics of the CPI classes. The main price surveys are: Computer Assisted Telephone Interviews (CATI), conducted by the CBS staff at the central office; Computer Assisted Personal Interviews (CAPI) by field collectors with handheld personal computers (HPC) and Direct Data Entry (DDE) into the database. Also for some special items Internet is used either in parallel with CAPI or as a part of DDE collection. The CPI includes a measure of rented housing Owner Occupied Housing (OOH) is included in the CPI and is calculated using rental equivalent method. The method for imputation of OOH is based on stratified average prices of contracts that are subject to renewal. In order to reduce variance in the monthly series, two month moving averages are compared each month. However, the method for OOH still leaves room for quality differences to play role in month-to-month average price changes. The method relies on successful stratification of apartments to groups whose relative price changes are as similar as possible. While the stratification is based on apartment location and number of rooms, some quality characteristics may experience month-to-month variation. Treatment of own account production is not included Goods and services sold illegally, second hand goods, goods and services partially or totally subsidized by the government and financial transactions are not included. Insurance: Insurance of personal transport and Health insurance (private and provided by the Government) are included. Treatment of missing items: Price changes for missing observations are imputed based on the price movements of other observations of the same item. Selection of replacement items: Products that become permantely unavailable are replaced in the sample and enumerators select a replacement possessing as many of the same quality characteristics as possible. Prices from previous period are sought for the replacement item for linking purpose. Treatment of quality change: There are two types of replacement approach: comparable and non-comparable. If a new product possesses the previously defined important characteristics of the old product, the new product is defined as comparable and a minor quality change is regarded as price change. Otherwise, if a significant quality change is introduced, the new product is defined as not comparable. The breakage in price series is treated by the linking method. Explicit quality adjustments are usually not performed. Hedonic methods are being considered but not yet implemented. In some cases, where the product cycle is short and new versions with improved quality characteristics are frequently introduced, the overlap method may give biased estimates. Introduction of new products: New items are introduced when the market basket is updated. New products are introduced into the sample as they gain significant market share. Business and professional periodicles are closely followed to gain information on new products that are gaining consumer demand. Seasonal items: Missing prices for seasonal products are imputed. Certain procedures are in place to avoid too early reintroduction of seasonal products back to the index. For price changes a bridge method is used when the items are reintroduced to the collection. Index series are also calculated and released in seasonally adjusted form.; Index series starts in November 1985
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Belgium Consumer Price Index (CPI): Education: Not Defined data was reported at 142.822 2013=100 in Nov 2025. This stayed constant from the previous number of 142.822 2013=100 for Oct 2025. Belgium Consumer Price Index (CPI): Education: Not Defined data is updated monthly, averaging 136.306 2013=100 from Jan 2018 (Median) to Nov 2025, with 95 observations. The data reached an all-time high of 142.822 2013=100 in Nov 2025 and a record low of 134.281 2013=100 in Sep 2019. Belgium Consumer Price Index (CPI): Education: Not Defined data remains active status in CEIC and is reported by Directorate-General Statistics - Statistics Belgium. The data is categorized under Global Database’s Belgium – Table BE.I: Consumer Price Index: 2013=100.
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Big Mac Index, Inflation forecast and Average Salary
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The Big Mac index was invented by The Economist in 1986 as a lighthearted guide to whether currencies are at their “correct” level. It is based on the theory of purchasing-power parity (PPP). By diverting the average national Big Mac prices to U.S. dollars, the same goods can be informally compared. So when the price of a burger is considered, the economic value of all these factors is accounted for. Thus, comparing the prices of similar burgers in two countries reflects a region’s cost of living and affordability. This is the theory behind Burgernomics.
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Inflation forecast is measured in terms of the consumer price index (CPI) or harmonised index of consumer prices (HICP) for euro area countries, the euro area aggregate and the United Kingdom. Inflation measures the general evolution of prices. It is defined as the change in the prices of a basket of goods and services that are typically purchased by households. Projections are based on an assessment of the economic climate in individual countries and the world economy, using a combination of model-based analyses and expert judgement. The indicator is expressed in annual growth rates.
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The average salary is calculated based on reported salaries of respondents. The average salary definition is to add the salaries in the sample together, then divide by the number of respondents. The result is the average salary for everyone surveyed.