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Personal Inflation Calculator

Author

Listed:
  • Aleksandar Kostadinov
  • Borce Trenovski
  • Marjan Nikolov
  • Hristijan Risteski
  • Mile Naskovski
  • Darko Nikolov

Abstract

To avoid imprecision and to adjust the inflation to every individual's consumer basket, we created the personal inflation calculator. This calculator gives the opportunity to every person to calculate their personal inflation rate (adjusted to their consumer basket). The number is always significantly different from the average inflation rate given by the Statistical Office. That was the reason why Center for Economic Analyses made the Personal Inflation Calculator, which is available on the organization's web site. The Personal Inflation Calculator will solve the doubts of the Macedonian citizens about the influence of the inflation over their personal budgets.

Suggested Citation

  • Aleksandar Kostadinov & Borce Trenovski & Marjan Nikolov & Hristijan Risteski & Mile Naskovski & Darko Nikolov, 2009. "Personal Inflation Calculator," Journal Articles, Center For Economic Analyses, pages 27-35, June.
    • Handle: RePEc:cmk:journl:y:2009:p:27-35
    as

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    File URL: http://journal.cea.org.mk/files/journals/1/articles/68/public/68-250-1-PB.pdf
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