IDEAS home Printed from https://ideas.repec.org/a/pal/ecolmr/v1y2007i1p27-32.html
   My bibliography  Save this article

The personal inflation calculator

Author

Listed:
  • Matthew Powell

    (Office for National Statistics)

  • Jim O'Donoghue

    (Office for National Statistics)

Abstract

Describes the introduction of the personal inflation calculator, which allows people to gain a better understanding of how price changes affect them and inflation estimates are produced.This article describes the introduction by the Office for National Statistics of a personal inflation calculator on the National Statistics website. A separate article (OÂ’Donoghue, 2007) established that inflation rates for individuals are likelyto vary, because their personal patterns of consumption are unlikely to exactly mirror the 650 items that are priced to calculate the retail prices index (RPI). The personal inflation calculator allows people to gain a better understanding of how pricechanges affect them and of how inflation estimates are produced by calculating an inflation rate appropriate to their own spending on the main categories of goods and services. Economic & Labour Market Review (2007) 1, 27–32; doi:10.1057/palgrave.elmr.1410008

Suggested Citation

  • Matthew Powell & Jim O'Donoghue, 2007. "The personal inflation calculator," Economic & Labour Market Review, Palgrave Macmillan;Office for National Statistics, vol. 1(1), pages 27-32, January.
    • Handle: RePEc:pal:ecolmr:v:1:y:2007:i:1:p:27-32
    as

    Download full text from publisher

    File URL: http://www.palgrave-journals.com/elmr/journal/v1/n1/pdf/1410008a.pdf
    File Function: Link to full text PDF
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: http://www.palgrave-journals.com/elmr/journal/v1/n1/full/1410008a.html
    File Function: Link to full text HTML
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Paolo Del Giovane & Silvia Fabiani & Roberto Sabbatini, 2008. "What�s behind �inflation perceptions�? A survey-based analysis of Italian consumers," Temi di discussione (Economic working papers) 655, Bank of Italy, Economic Research and International Relations Area.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:ecolmr:v:1:y:2007:i:1:p:27-32. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave-journals.com/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.