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A cost index is the ratio of the actual price in a time period compared to that in a selected base period (a defined point in time or the average price in a certain year), multiplied by 100. Raw materials, products and energy prices, labor and construction costs change at different rates, and plant construction cost indexes are actually a ...
A price index aggregates various combinations of base period prices (), later period prices (), base period quantities (), and later period quantities (). Price index numbers are usually defined either in terms of (actual or hypothetical) expenditures (expenditure = price * quantity) or as different weighted averages of price relatives ( p t ...
The wholesale price index (WPI) is the price of a representative basket of wholesale goods. The WPI is published by the Economic Adviser in the Ministry of Commerce and Industry . The Wholesale Price Index focuses on the price of goods traded between corporations, rather than the goods bought by consumers, which is measured by the Consumer ...
As of May 2020, CIMERWA produced four types of portland cement; namely 1. SUREBUILD, a 42.5N premium cement meant for heavy construction projects 2. SURECEM, a 32.5N all-purpose cement ideal for concrete, mortar, plaster and brick joinery 3. SUREROAD, another 32.5N product, is a custom-made cement meant for road construction and 4.
In 2013, 70.8 percent of portland cement was sold as ready-mix concrete, such as is delivered in cement-mixer trucks. 11.5 percent was sold dry to contractors and construction materials stores; 11.3 percent was sold to manufacturers of concrete products; 4.6 percent was sold for oil and gas wells, and 1.8 percent was sold to government agencies ...
The Industry Classification Benchmark (ICB) is an industry classification taxonomy launched by Dow Jones and FTSE in 2005 and now used by FTSE International and STOXX. It is used to segregate markets into sectors within the macroeconomy. The ICB uses a system of 11 industries, partitioned into 20 supersectors, which are further divided into 45 ...
An index level of 110, for example, means there has been a 10% increase in prices since the base period; similarly, an index level of 90 indicates a 10% decrease in prices. To calculate the percent change in prices between some previous period and a more current period using a PPI, the BLS uses the following formula:
The list of countries by price level shows countries by their price level index. The data has been collected by the World Bank's International Comparison Program since the 1970s and has been available for almost all World Bank member states and some other territories since 1990. The Global price level, as reported by the World Bank, is a way to ...