METHODS FOR CALCULATION OF CONSUMER PRICE INDEX
Muminov Akrom Adkhamalievich
Researcher, Tashkent State University of Economics, Uzbekistan
Abstract
This article delves into the comprehensive understanding of various methods and formulas utilized for calculating the consumer price index (CPI). Furthermore, it sheds light on the distinctive characteristics of these approaches. Additionally, the article examines the prospects and feasibility of employing these indices in the context of Uzbekistan.
Keywords: consumer price index, Laspeyres index, Paasche index, Young index, Fisher index, Lowe index, seasonality, prices
Journal Name :
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EPRA International Journal of Agriculture and Rural Economic Research (ARER)
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Published on : 2023-05-30
Vol | : | 11 |
Issue | : | 5 |
Month | : | May |
Year | : | 2023 |