CONSUMER PRICE INDEX (CPI) - is an indicator that characterizes changes of the overall price level for goods and services purchased by the population for non-productive consumption over time. It reflects changes in the value of fixed consumption bundle of goods and services in the current period as compared to the base one.
PRICES RECORD - is a method of collecting information on prices for goods (services) included in the consumption bundle by a sample of enterprises of trade, services, markets and seasonal fairs selling food products
CPI CALCULATIONS - are based on the data on prices obtained through the record of prices (rates) on the consumer market and national accounts data of household expenditure for final consumption in the country as a whole at the level of sections, groups and classes according to the Classification of Individual Consumption by Purpose. For further distribution, detailed information on consumer cash expenditures of households is used based on household living conditions surveys.
CONSUMPTION BUNDLE OF REPRESENTATIVE GOODS (SERVICES) - is the representative selection of the list of goods and services most often consumed by the population. It is determined centrally and is unique for all regions of the country.
REPRESENTATIVE PRODUCT (SERVICE) - a set of products that are homogeneous in terms of their consumer properties and purpose and have the same tendency in prices change
PRICE - is monetary values of unit of the goods or services
INDUSTRIAL PRODUCER PRICE INDEX - is an indicator of changes over time within industrial production. It is compiled monthly using data on prices for the industrial products which are given according to the Nomenclature of Industrial Products (NIP) by sampling circle of enterprises. The prices are weighed by the volume of sold industrial products in monetary terms.