INTRODUCTION
Prices are a key factor in the operation of an economy. Price indexes, which provide summary measures of the movements in various categories of prices, are used extensively to measure inflation, analyse and monitor price behaviour, for contract adjustment and to adjust government payments such as pensions.
This chapter provides an outline and underlying concepts and methodology of Consumer Price Indexes, House Price Indexes, Labour Price Indexes, Producer Price Indexes, and the International Trade Price Indexes.
This chapter contains two articles: Pensioner and Beneficiary Living Cost Index and 2005 International Comparison Program.
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