Content
About the statistics
Definitions
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Name and topic
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Name: Consumer price index
Topic: Prices and price indices
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Next release
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Responsible division
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Division for Price Statistics
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Definitions of the main concepts and variables
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Price refers to actual retail price of goods and services offered to households. This means prices including indirect taxes, fees and subsidies. Discount and sale prices are registered.
Price reference month defines the time of reference for new weights, updated sample and base prices used for calcultaion in the following year.
Budget shares are proportional to the consumption of a certain good and consumption in total in households. Expenditure shares are obtained from the consumtion in houshold in National Accounts.
A Laspeyre price index is a price index where the base-period weights remain fixed. A chained Laspeyres price index is an index linked by Laspeyres indices with different sets of weights. New sets of weights are incorporated into the index every year. A Paasche price index also uses fixed weights but, unlike the Laspeyre price index, the weights are from actual current period. A pure Paasche price index is not used in the CPIA Fisher price index is a geometric mean of a Laspeyre and Paasche price index. The Fisher price index is used in the CPI for the index of motor vehicles and indices of alcoholic beverages sold through the State wine and liquor monopoly.
ECOICOP (European Classification of individual consumption by purpose) is a consumer classification developed by UN and EUROSTAT. The classification criteria is the end purpose of the consumption.
Imputed price is a price estimated for a missing price based on other price observations of the same products.
CPI-AE (CPI excluding energy products) is an indicator where the price material and the weight of the energy products are taken out. Other computations are identical with the computation process of the CPI.
CPI-AT (CPI adjusted for tax changes) is an indicator where the weights and the calculations are identical to the CPI. The CPI-AT is also based on actual, observed prices, but those are adjusted for real changes in taxes. The CPI-AT takes into account the following taxes:
1. Value added tax
2. Alcohol tax
3. Tobacco tax
4. Petrol tax
5. Diesel tax
6. Electricity tax
7. Taxes on mineral products
8. Chocolate tax
9. Tax on non-alcoholic beverages
10. Sugar tax
11. Tax on disposable beverage packing
12. Aviation tax - Terminal and security charge
13. Purchase tax on vehicles, weight tax
14. Purchase tax on vehicles, piston displacement tax
15. Purchase tax on vehicles, motor effect tax
CPI-ATE (CPI adjusted for tax changes and excluding energy products) is an indicator that is built upon the main components of CPI-AE and CPI-AT.
Seasonal goods are products that are only or to a small extent available at certain times of the year. Examples are fruit, vegetables and certain clothing products. Observed prices are used in season while out of season the prices are estimated.
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Standard classifications
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Two classifications are in use when calculating and later publishing the CPI, ECOICOP and classification by delivery sector are used. For further information about the classification: ECOICOP