IDEAS home Printed from https://ideas.repec.org/a/pal/ecolmr/v2y2008i8p45-48.html
   My bibliography  Save this article

Measuring the quality of the producer price index – an update

Author

Listed:
  • Joanna Woods

    (Office for National Statistics)

Abstract

Examines and provides an update of estimates of standard errors for growth rates of the gross sector output PPIStandard errors are used to calculate the difference between the estimate and its true population growth rate. They are one way of measuring the quality of a price index. This article looks at the standard errors for the output producer price index (PPI), the monthly index measuring growth in UK factory gate prices. It provides an update of the estimates of the standard errors for month-on-month and 12-month growth rates of the gross sector output PPI. This article presents the main findings from the analysis, along with an explanation of other aspects of the quality of price indices. Economic & Labour Market Review (2008) 2, 45–48; doi:10.1057/elmr.2008.123

Suggested Citation

  • Joanna Woods, 2008. "Measuring the quality of the producer price index – an update," Economic & Labour Market Review, Palgrave Macmillan;Office for National Statistics, vol. 2(8), pages 45-48, August.
    • Handle: RePEc:pal:ecolmr:v:2:y:2008:i:8:p:45-48
    as

    Download full text from publisher

    File URL: http://www.palgrave-journals.com/elmr/journal/v2/n8/pdf/elmr2008123a.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/v2/n8/full/elmr2008123a.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.

    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:2:y:2008:i:8:p:45-48. 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.