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What is Consumer Price Index Measurement Issues about?

This working paper discusses measurement issues in the construction of consumer price indexes (CPI), focusing on challenges such as conceptual targets, sampling, and data aggregation. It highlights the practical difficulties faced by the Bureau of Labor Statistics (BLS) in compiling the US CPI and provides examples of how these challenges are addressed. The paper serves as an introduction to the complexities of CPI measurement, emphasizing the importance of understanding these limitations for accurate infla

Author

devendra kalmodiya

Language

EN