Students: Sedanur ŞAHİN & Sena Yaşar ÖZEL Teachers: Tuğba YENİGÜN.

Slides:



Advertisements
Similar presentations
United Nations Economic Commission for Europe Statistical Division Classification of Individual Consumption According to Purpose - COICOP Presentation.
Advertisements

HOUSEHOLD FINAL CONSUMPTION EXPENDITURE January 30-February 1, 2013 Kingston, Jamaica.
Daily Information 4/9 Objectives: Warm Up: Agenda:
Financial Situations in Each Province Did you ever wonder which province would be best to start off a new life financially?
UN Classifications workshop NEW DELHI, 14-16, 2003 Presenter DECHEN WANGDI BHUTAN.
Personal Consumption Expenditures New Classification System Clint McCully, Chief Consumption Branch, NIWD National Economic Accounts Data Users’ Conference.
UNECE Workshop on Consumer Price Indices Session 1: The Concept, Scope and Coverage of the CPI Presentation by Cengiz Erdoğan, TurkStat October Istanbul,
Res. Asst. I ş ıl Ş irin SELÇUK Ankara University, Faculty of Political Science, Department of Economics Dr. Altu ğ Murat KÖKTA Ş.
Advance Monthly Sales for Retail and Food Services  Published by: Bureau of the Census  Frequency: Monthly  Period Covered: Prior Month  Market Significance:
Analyzing an Income & Cash Flow Statement Oğuz Benice Bilkent University School of Tourism & Hotel Management.
Household Consumption Expenditure Buyung Airlangga.
BUDGETING Personal Finance. © Take Charge Today – August 2013– Major Expenditures – Slide 2 Funded by a grant from Take Charge America, Inc. to the Norton.
 Price rises are generally measured quarterly, but inflation rates are quoted as an average annual figure. The main measure is the Consumer Price Index.
UNECE Workshop on Consumer Price Indices Session 3: Calculation Expenditure Weight Presentation by Cengiz Erdoğan, TurkStat October Istanbul, Turkey.
Household Income and Expenditure 2012 Household Budget Survey By Sanjev Bhonoo 18 November
How much was your average salary? Take your average salary and divide by 12. You now have your gross annual income (This does not include taxes.)
How to make Western economies more competitive Fourth Gresham Lecture Douglas McWilliams Mercers School Memorial Professor of Commerce at Gresham College.
UST. What is the Consumer Price Index (CPI)? the average change over time in the prices of: consumer items. goods services that people buy for day – to.
Reading the Economic News Stats lecture 6. Goals for Lecture 6 Learn to construct a price index number. Learn to use the Consumer Price Index to compare.
Consumer Price Index measures changes through time in the price level of consumer goods and services purchased by households. consumer goodsservices Measured.
NATIONAL ACCOUNTS PRIVATE CONSUMPTION EXPENDITURE Susan Knox Seminar on Developing a programme for the implementation of the 2008 SNA and supporting statistics.
Methodology for Core Inflation Calculation Olga Kalabukha Director of the Price Statistics Department of the SSSU.
Regional Seminar on Developing a Program for the Implementation of the 2008 SNA and Supporting Statistics Dr. Cem BAŞ September 2013 Ankara - Turkey.
Personal Consumption Expenditures New Classification System Clint McCully, Chief Consumption Branch, NIWD National Economic Accounts Data Users’ Conference.
Monetary Policy Committee Price, Monetary and Balance of Payments Developments V. Punchoo Head - Statistics Division 14 July 2014.
Mapping VET Providers to Palestinian Refugees in Lebanon & their graduates.
© The McGraw-Hill Companies, 2008 Chapter 26 Inflation, expectations and credibility David Begg, Stanley Fischer and Rudiger Dornbusch, Economics, 9th.
Consumer Price Index (CPI) Monique J.. What components make up the CPI? The CPI represents all goods and services purchased from the reference population.
Macroeconomics. Macroeconomics - the performance, structure, behavior, and decision- making of the entire economy. This includes a national, regional,
Long Yang S.N University of Rhode Island. Abstinence is not the goal but prevention.
ICP-Africa Regional Workshop Pretoria, South Africa June 2011.
Research and Findings By Brandon Henley-Smith Australia’s Consumer Price Index.
1) What was the rating for Tolerance of Nicotine? 2) What is the cumulative rating for marijuana? 3) Which addictive property had the highest rating for.
Careers Budgeting/University/ First Job. Adjustments for Rent Live at home Rent = Contribution you make £0 - £? Upgrade Student Accommodation Single.
Copyright 2010, The World Bank Group. All Rights Reserved. Introduction to the SNA, advanced Lesson 4 Household accounts 1.
Consumer Price Index Unit 3 – Lesson 2. CPI- Definition O The Consumer Price Index (CPI) is a measure used by countries to determine the inflation rate.
1 The use of scanner data on non-food products Statistics Norway.
June 26th – 29th 2007 Tartu, Estonia Ana Čuvak and dr. Žilvinas Kalinauskas, Vilnius Gediminas Technical University, Lithuania Application of Multiple.
The Price of Independence Your family has been providing for you and supporting you your whole life. Soon you will be independent and supporting yourself…
Budgets. What is a Budget? A budget is a written document or electronic file that helps you take control of your personal finances The goal of a budget.
1 Outline  Introduction  Methodology for compiling CPI  Data Collection and Compilation.
Measuring Economic Growth-GDP
Dominant patterns of expenditure among older people in the United Kingdom: Segmenting the older consumer using the Living Costs and Food Survey (LCF) David.
Estimates of Remittances in the Czech Republic Agenda item 7 Issue paper 13.
Microeconomics and Macroeconomics FCS 3450 Spring 2015 Unit 2.
Inflation “a sustained increase in the general price level” Household income : 10,000/yr Cost of Living: 10,000/yr Household income: 30,000/yr Cost of.
1 Country presentation on Experience in Compiling GDP by Household Final Expenditure International Workshop on Measuring GDP by Final Demand Approach,
AS: T HE MEASUREMENT OF MACROECONOMIC PERFORMANCE Uses of index numbers The FTSE 100 index What does the information tell you?
METAC Workshop March 14-17, 2016 Beirut, Lebanon National Accounts Compilation Issues Session 10: Households final consumption expenditures.
PRICE SETTING BEHAVIOUR IN SOUTH AFRICA – ANALYSIS OF CONSUMER AND PRODUCER PRICE MICRODATA Kenneth Creamer and Dr Neil Rankin University of Witwatersrand.
Inflation To define inflation and to explain how it is measured.
Consumer Price Index APRIL 2016
AN ANALYSIS OF HOUSEHOLD EXPENDITURE AND INCOME DATA
Inflation October 2016 Learning objective: To understand the definition of inflation and be able to evaluate which parts of the economy lose or win as.
Reach of News media & Social networking (4 wks)
Session I: Global core lists and survey forms
Measuring the Cost of Living
ICP Expenditure Classification
Chart 1: Personal Consumption Expenditures (PCE) for Food At Home and Food Away from Home as a Percent of Disposable Personal Income, Source:
Link to Economics specification
My Budget Project Math of Finance Block:_____
CPI and PPI Presented by: The Indices and Price Analyses Unit
Components of Expenditure
Measuring Economic Growth-GDP
Ag.No Price statistics briefing (b) ECP
CARD: H Purchase/ mortgage / rent for house/ apartment Food and drinks for the household Fuel/ Light Non-drinking.
Inflation and Deflation
Detailed Average Prices Project Experience of Statistics Belgium
Detailed Average Prices
Presentation transcript:

Students: Sedanur ŞAHİN & Sena Yaşar ÖZEL Teachers: Tuğba YENİGÜN

RESEARCH METHODOLOGY Research started at the third and fourth month of this year (March, April 2013). We collected the prices at the end of March and April. 18 products were included in our research. We went to the supermarkets, bus station, greengrocers, sport shops, stationary, petrol stations, food stores, communication centres, electricity institution, beershops and etc. (33 places all together.)

PRODUCT MARCHAPRILPONDER APPLE 0,92Є0,78Є2.30 TOMATOES 1,73Є1,44Є2,70 EGG 2,69Є2,73Є3,50 CHICKEN 2,49Є2,48Є7,52 OLIVE OIL 2,55Є2,53Є4.80 COKE 1,41Є1,37Є3.38 CHOCOLATE 0,25Є0,27Є4,02 SHAMPOO 3,65Є 7,80 NOVALGINE PILLS 0,85Є 2,80 PETROL 8,54Є 9,30 82’ TV 299,18Є 9,60 FOOD 1,34Є 5,40 TELEPHONE MINUTE 0,17Є0,18Є4,50 T-SHIRT 42,31Є 9,30 PENCIL 1,62Є 8,50 INTERNET 12,28Є 5,30 BEER 1,81Є 1,30 ELECTRICITY 0,1001Є 6,80 100

These products are the most used and bought ones according to the findings of the questionnaire. So, we searched for the prices of the most selling products from different market places.

FRUITBANANA APPLEPEARORANGEGRAPE MEATPOLUTRYBEEFPORKFISHVEAL MILK PRODUCTS, EGGSMILKYOGHURTEGGMILK SHAKESOUR CREAM SWEETSCHOCOLATEBISCUITBONBONCAKECRISP FATSOILOLIVE OILBUTTERMARGARINEPORK FAT VEGETABLESLETTUCETOMATOCARROTCUCUMBERPEPPER NON-ALCOHOLIC DRINKSODACOCA-COLA JUICEWATERFLAVOURED WATER ALCOHOLIC DRINKBEERWHISKESWINEVODKALIQUOR CLOTHESJEANSHORTT-SHIRTJACKETSHOES HOUSİNGWATERELECTIRIC CLEANING EQUIPMENT REPAIRING AND RENOVATION HEATING FURNISHINGFURNITUREDECORATIONAPPLIANCESELECTRONICSTOOLS HEALTHPILLSDENTISTGLASSESDOCTORALTERNATIVE MEDICAL TRANSPORTBUS TICKETTRAMTAXICARPETROL COMMUNICATION MOBILE PHONE LETTERHOME PHONE INTERNET COMMUNATION FAX RECREATION AND CULTURE FITNESS CONCERT & THEATRE TICKET CINEMA TICKET COMPUTER (NET) BOOKS EDUCATIONSEMINARS LANGUAGE LESSON KINDERGARTENSCHOOLAFTER –CLASS ACTIVITES RESTAURANT & HOTELS ACCOMMOD ATION IN HOTEL HOTEL SERVICES FOOD NON – ALCOHOLIC DRINKS ALCOHOLIC DRINKS MISCELLANEOUS GOODS AND SERVICES HAIR SHAMPOO CAR INSURANCE FINANCIAL SERVICES HEALTH INSURANCE WATCH

THE STORES THAT WE VISITED

OUR STAGES;  First of all,we wandered 33 stores in March and April and we took down the prices.  After that, we calculated the geometrical statistics of each product and we divided the geometrical results of April by the geometrical results of March for each product.  Then, we multiply each of them with the weights of expenditure of the state statistics.(TUIK)  Next, we add the results above to each other.  Finally,we get ‘VIP’ or ‘HEC’ score.

Here are the weights of main expenditure groups in Turkey:  Food & non-alcoholic beverages (24,09)  Alcoholic beverages and tobacco(5,07)  Clothing and footwear (6,83)  Housing, water, electricity, gas (16,68)  Furnishings, household equipment, routine maintenance of the house (7,28)  Health (2,22)  Transportation (17,99)  Communications (4,64)  Recreation and culture (2,95)  Education (1,91)  Hotels, cafes and restaurants (6,18)

According to the result we get from HEC calculation, consumer price index in April is 99,33. This result shows us that a decrease by 0,67 % in prices has been when compared with March. Negative (-0,67) result also indicates disinflation in April.

Inflation in 2012 was 2,63 Selected items indicating the highest increase are:  Alcoholic beverages and tobacco with the percentage of 15,20  Food and non-alcoholic beverages with 7,06 per cent.  Furnishings, household equipment, routine maintenance of the house with 2,20 per cent. Selected items indicating the highest decrease are:  Clothing and foot wear by -12,12 %  Recreation and culture by -0,07 %