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| IPC102B - Consumer price indices - monthly evolution as against December previous year |
| Definition |
Consumer price index (CPI) measures the overall evolution of prices for purchased goods and tariffs of services used by the population during a certain period (current period), as against a previous period (base or reference period).
Consumer price index is calculated only for the elements entering the population direct consumption, excluding: consumption from own resources, expenditures with investment and accumulation character, interests paid for credits, insurance rates, fines, taxes a.s.o., as well as expenditures for work payment within agricultural production of individual households. |
| Periodicity |
Monthly |
| Data sources |
Statistical survey on consumer prices details |
| Methodology |
Consumer price index is calculated only for the elements entering the population direct consumption, excluding: consumption from own resources, expenditures with investment and accumulation character, interests paid for credits, insurance rates, fines, taxes a.s.o., as well as expenditures for work payment within agricultural production of individual households.
Consumer price index is calculated as a fixed base index of Laspeyres type.
Consumer price index is determined by succesive aggregations, based on prices/tariffs registered for goods which are subject to population direct consumption.
Price indices calculated for each assortment (based on geometrical mean of indices at variety level) are aggregated at the level of item expenditure, of groups of goods and services and at the level of general index, by applying constant weights corresponding to (t-2) base year.
Constant weights allow to measure the evolution of prices over time, avoiding the influence of structural changes.
Metadata and quality report
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| Last update |
DEC 10, 2024 |
| Observations |
CPI is calculated starting with November 1990. |
| Responsible person |
Marianciuc Gh Doina Oana, interior 1431, oana.marianciuc@insse.ro |
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