METHODS FOR CALCULATION OF CONSUMER PRICE INDEX

Authors

  • Muminov Akrom Adkhamalievich Independent Researcher of Tashkent State University of Economics

Keywords:

consumer price index, Laspeyres index, Paasche index, Young index, Fisher index, Lowe index, seasonality, prices

Abstract

This article delves into the comprehensive understanding of various methods and formulas utilized for calculating the consumer price index (CPI). Furthermore, it sheds light on the distinctive characteristics of these approaches. Additionally, the article examines the prospects and feasibility of employing these indices in the context of Uzbekistan.

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Published

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Issue

Vol. 11 No. 5 (2023): EPRA International Journal of Agriculture and Rural Economic Research (ARER)

Section

Articles