The Consumer Price Index

2 posts / 0 new
Last post
Matt Jones
Matt Jones's picture
The Consumer Price Index

how can i compare between the consumer price index among different countries ?

Jason Pride
Jason Pride's picture

HI Matt,

The consumer price index is generally unique to a country as the products that make up the market basket vary from one economy to another, different countries change their basket more or less often, and instability can cause major fluctuations in certain regions. It is best to compare trends when crossing country lines rather than attempt to directly compare the values of the CPIs.

You can find additional resources for international CPIs here: http://www.oecd.org/std/prices-ppp/consumerpriceindices-frequentlyaskedquestionsfaqs.htm