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The Chained Consumer Price Index C-CPI-U, a chained index, has been introduced. The C-CPI-U tries to mitigate the substitution bias that is encountered in CPI-W and CPI-U by employing a Tornqvist formula and utilizing expenditure data in adjacent time periods in order to reflect the effect of any substitution that consumers make across item ...
World map by inflation rate (consumer prices), 2023, according to World Bank This is the list of countries by inflation rate. The list includes sovereign states and self-governing dependent territories based upon the ISO standard ISO 3166-1. Inflation rate is defined as the annual percent change in consumer prices compared with the previous year's consumer prices. Inflation is a positive value ...
The researchers found a correlation between a higher CPI and higher long-term economic growth, [12] as well as an increase in GDP growth of 1.7% for every unit increase in a country's CPI score. [13] Also shown was a power-law dependence linking higher CPI score to higher rates of foreign investment in a country.
Consumer Price Index for Americans 62 years of age and older (R-CPI-E): This index re-weights prices from the CPI-U data to track spending for households with at least one consumer age 62 or older.
A CPI is a statistical estimate constructed using the prices of a sample of representative items whose prices are collected periodically. Sub-indices and sub-sub-indices can be computed for different categories and sub-categories of goods and services, which are combined to produce the overall index with weights reflecting their shares in the total of the consumer expenditures covered by the ...
Global Peace Index (GPI) is a report produced by the Australia-based NGO Institute for Economics & Peace (IEP) which measures the relative position of nations' and regions' peacefulness. [2] The GPI ranks 163 independent states and territories (collectively accounting for 99.7 per cent of the world's population) according to their levels of ...
12 September 2024 Liberal: Gisele Kapterian North Sydney: Division abolished. [56] 21 November 2024 Greens: Jy Sandford Jagajaga: Preselection overturned after breach of party's by-laws during initial voting process. [456] [457] Sandford was reinstated as the candidate for Jagajaga on 23 December 2024 after a second round of preselection. [327 ...
9 June – The 2024 King's Birthday Honours list is announced, in which Daniel Andrews, Karen Canfell, Simon Crean, Mark McGowan, Jonathan Mills and Samantha Mostyn are all made a Companion of the Order of Australia.