Consumer price index reflects changes 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. Source Code: GFDD.OE.02
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Consumer price index reflects changes 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. Source Code: GFDD.OE.01
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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. International Monetary Fund, International Financial Statistics and data files.
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The Harmonized Index of Consumer Prices category "Frequent Out-of-Pocket Purchases (FROOPP)" is a classification of nondurable goods, semi-durable goods, services, and energy that includes Bread and Cereals (01.1.1), Meat (01.1.2), Fish (01.1.3), Milk, Cheese, and Eggs (01.1.4), Oils and Fats (01.1.5), Fruit (01.1.6), Vegetables (01.1.7), Sugar, Jam, Honey, Chocolate, and Confectionery (01.1.8), Food Products, Not Elsewhere Classified (01.1.9), Coffee, Tea, and Cocoa (01.2.1), Mineral Waters, Soft Drinks, and Fruit and Vegetable Juices (01.2.2), Spirits (02.1.1), Wine (02.1.2), Beer (02.1.3), Tobacco (02.2), Cleaning, Repair, and Hire of Clothing (03.1.4), Nondurable Household Goods (05.6.1), Domestic Services and Household Services (05.6.2), Pharmaceutical Products (06.1.1), Fuels and Lubricants for Personal Transport Equipment (07.2.2), Other Services in respect of Personal Transport Equipment (07.2.4), Passenger Transport by Railway (07.3.1), Passenger Transport by Road (07.3.2), Combined Passenger Transport (07.3.5), Postal Services (08.1), Recording Media (09.1.4), Pets and Related Products including Veterinary and Other Services for Pets (09.3.4/5), Recreational and Sporting Services (09.4.1), Cultural Services (09.4.2), Books (09.5.1), Newspapers and Periodicals (09.5.2), Miscellaneous Printed Matter, Stationery, and Drawing Materials (09.5.3/4), Restaurants, cafés, and the Like (11.1.1), Canteens (11.1.2), Hairdressing Salons and Personal Grooming Establishments (12.1.1), and Electric Appliances for Personal Care and Other Appliances, Articles, and Products for Personal Care (12.1.2/3). Information provided in the notes pertaining to Special Aggregates HICP classifications can be found from the source at: http://ec.europa.eu/eurostat/cache/metadata/en/prc_hicp_esms.htm. Copyright, European Union, 1995-2016, http://ec.europa.eu/geninfo/legal_notices_en.htm#copyright.
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