Each of the elementary aggregate indices is estimated using a sample of prices for a defined set of goods and services obtained in, or by residents of, a specific region from a given set of outlets or other sources of consumption goods and services. Each summary measure is constructed as a weighted average of a large number of elementary aggregate indices. Processing energy prices for the Consumer Price Index CBS switches to new method for calculating energy prices in the CPI CBS introduces new energy price.

A consumer price index is estimated as a series of summary measures of the period-to-period proportional change in the prices of a fixed set of consumer goods and services of constant quantity and characteristics, acquired, used or paid for by the reference population. Inflation measures the erosion of living standards. The Jet Fuel Price Index and price data show the average prices paid at the refinery for aviation jet fuel for the reported week. A price index can be based on the prices of a single item or a selected group of items, called a market basket. Inflation is measured in terms of the annual growth rate and in index, 2015 base year with a breakdown for food, energy and total excluding food and energy. A price index is a measure of price changes using a percentage scale. Data Overview Databases Interactive Charts Tables Research Regional Resources Latest Numbers Data Corrections. Inflation measured by consumer price index (CPI) is defined as the change in the prices of a basket of goods and services that are typically purchased by specific groups of households. Publications Overview News Releases Factsheets Videos Additional Publications Subscriptions.

Price index