Index Number

CPI (Consumer price office) A consumer price index (CPI) placards changes in the price level of consumer goods and go purchased by households. The CPI is a statistical estimate constructed using the prices of a sample of representative items whose prices be collected periodically. GDP deflator In economics, the GDP deflator (implicit price deflator for GDP) is a measure of the level of prices of all modernistic, domestically produced, final goods and services in an economy.GDP stands for realise domestic product, the total value of all final goods and services produced inwardly that economy during a specified period. WPI (whole sale price index) The abbreviation for sell equipment casualty Index, which is an index of the prices paid by retail stores for the products they would ultimately resell to consumers. The Wholesale Price Index, abbreviated WPI, was the forerunner of the modern maker Price Index (PPI). The WPI was first published in 1902, and was one of the more all important(p) economic indicators available to policy makers until it was replaced by the PPI in 1978.The change to Producer Price Index in 1978 reflected, as much as a name change, a change in focus of this index past from the limited wholesaler-to-retailer transaction to encompass all stages of production. While the WPI is no overnight available, the family of producer price indexes provides a close counterpart in the stainless Goods Price Index. PPI Producers price index Producers price index focuses on prices of goods and services that are received by the producer. This is different from the retail prices, which include conveyance costs, taxes and other leviesSensitive Price Indicator (SPI) Sensitive Price Indicator (SPI) is knowing to assess price movement of essential consumer items at short intervals (on hebdomadally basis) so as to take corrective measures. Laspeyres . This compares the price of the old basketball hoop of goods for the old and new prices. Paasche . Th is compares the price of the new basket of goods for the old and new prices. variables price quantity CPI restore (Laspyere price index) GDP deflator Fixed PPI Fixed (Laspyere price index) SPI Fixed (Laspyere price index) WPI Fixed (Laspyere price index)