Abstract: Measuring the inflationary process, as a macroeconomic phenomenon, is done in several ways. National Institute of Statistics calculates every month the consumer price index (CPI) and the harmonized index of consumer prices (HICP),dates which are transmitted to the European Commission of Statistics. This document will analyze the differences between these 2 indices, weighting system used to compute the 2 indices, and also the contribution of goods and services price dynamics at the annual inflation rate in Romania in 2006-2009.
Publication Year: 2010
Publication Date: 2010-01-01
Language: en
Type: article
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