INFLATION (last update: August 2019)

Slides:

Advertisements

Similar presentations

Monetary Policy Issues in Israel

Advertisements

Inflation Macroeconomics. Inflation… what is it?  An increase in the economy’s price level  The price level is the weighted average of prices  A decrease.

1 Core inflation measurement in Norway Ragnhild Nygaard Statistics Norway Presentation prepared for the UNECE Meeting on CPIs Geneva 2014.

Evaluating alternative measures of Core Inflation for Argentina Laura D’Amato Juan Sotes Paladino and Lidia Sanz BCRA VIII Annual Seminar, Central Bank.

1 The Consumer Price Index (CPI) n The Bureau of Labor Statistics collects price data on… –100,000 items –85 different locations around the country –19,000.

The Consumer Price Index (CPI) n The Bureau of Labor Statistics collects price data on… –100,000 items –85 different locations around the country –19,000.

 Price rises are generally measured quarterly, but inflation rates are quoted as an average annual figure. The main measure is the Consumer Price Index.

Price Stability Average level of prices in the economy is neither increasing nor decreasing.

 What is inflation? --a general upward movement in price of goods and services in an economy  What is deflation? --a general downward movement in.

Monetary Policy Summary of 2007 and Looking Ahead to 2008 January 2008.

Methodology for Core Inflation Calculation Olga Kalabukha Director of the Price Statistics Department of the SSSU.

EXCHANGE RATES (last update: June 2015) Contents: 1.Nominal Exchange Rates 2.Real Exchange Rates.

Estimators for IPCA core inflation Francisco Marcos R. Figueiredo Roberta Blass Staub June 7 th, 2001 Research Department Central Bank of Brazil.

Norges Bank Monetary Policy Filename Economics Department 1 Alternative indicators of core inflation for Norway Einar W. Nordbø Norges Bank Geneva, 11.5.

Monetary Policy Update September Figure 1. Repo rate with uncertainty bands Per cent, quarterly averages Source: The Riksbank Note. The uncertainty.

METAC / IMF price statistics mission October 12-28, 2008 New estimates for the national CPI Kari Manninen EconAdvisor.

PPI for Water and Sewerage in Sweden 27th Voorburg Group meeting Warsaw, Poland October 4 th 2012.

GPD and Changes in Price Level Chapter 13, Section 2.

Interstate Statistical Committee of the Commonwealth of Independent States (CIS STAT) Methodological approaches to measuring core inflation in the CIS.

BANCO DE MEXICO Mexico’s Underlying Inflation. IntroductionIntroduction Methodology for calculating Underlying Inflation in México The Mexican Experience.

Chapter 13: Economic Challenges Section 2. Copyright © Pearson Education, Inc.Slide 2 Chapter 13, Section 2 Objectives 1.Explain the effects of rising.

Inflation Report August Costs and prices Chart 4.1 Spot and futures prices of Brent crude oil (a) Sources: Bloomberg and Thomson Financial Datastream.

Core Inflation: Measures and Their Choice Mick Silver IMF Statistics Department Joint UNECE/ILO Meeting on Consumer Price Indices (Geneva, May 2006)

Charts for boxes and appendices in IR 2/2004. Charts for boxes and appendices.

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.

Chapter 13, Section 2 Price Indexes. Constructing a Price Index Used to measure changes in P. over time Created by selecting a base year and a representative.

Module The Measurement and Calculation of Inflation KRUGMAN'S MACROECONOMICS for AP* 15 Margaret Ray and David Anderson.

Index numbers Value-, price-, quantity indices. Measuring changes in time Indices: relative change in price, quantity and value of products or services.

© Statistisches Bundesamt, Devision Prices, Irmtraud Beuerlein Communicating the German CPI DESTATIS „Price Kaleidoscope“ prepared for the Joint UNECE/ILO.

Inflation CHAPTER 13 SECTION 2. The Effects of Rising Prices  Inflation  A general increase in prices across an economy  Purchasing Power  The ability.

DataPost Federal Reserve Bank of San Francisco Economic Education & Outreach Inflation Measuring Price Changes Date last updated: December 7, 2015.

Inflation as a way to measure performance of developed and developing countries.

DataPost Federal Reserve Bank of San Francisco Economic Education Group Inflation Measuring Price Changes Date last updated: June 10, 2013.

Consumer Price Index Economics University By Steven Reff and Dick Brunelle

1 Reflection consumers’ e- commerce change on the CPI Kyunghee Kim, Statistics Korea (KOSTAT) UNECE/ILO Meeting on Consumer Price Index.

 Meaning of Inflation  a rise in the general level of prices  Consumer Price Index ▪ An index that measures the prices of a fixed market basket of goods.

Bank of Botswana Data Chart Packs National Output (last update: June 2014) : Contents: 1.Real GDP growth, 2009 – Real GDP growth by sector, 2012.

UNECE Workshop on Consumer Price Indices Session 5: Calculation of a Chained CPI Presentation by Cengiz Erdoğan, TurkStat October Istanbul, Turkey.

Gross Domestic Product Definition of Gross Domestic Product Why are Changes in Real Gross Domestic Product Important? Explanations of GDP and its Components.

Standard SSEMA1b- Define CPI SSEMA1c- Calculate economic measures.

 Inflation  Inflation refers to a rising general level of prices.  It does not mean that all prices are rising. Even during periods of rapid inflation,

Price Index Calculation See the practice (with answers) on- line as well as Mod 15 in Krugman.

CISI – Financial Products, Markets & Services

Microeconomics Topic 1: The Economic Problem

EXCHANGE RATES (last update: October 2016)

Session 12: Core inflation measurement methods

Value-, price-, quantity indices

INFLATION (last update: October 2016)

Inflation Measuring Price Changes

Winston Churchill High School

Exhibit 1.16 Average Premium Increases for Covered Workers with Family Coverage, * Percentage change in family premium is statistically different.

INFLATION Part 1.

INFLATION (last update: July 2018)

SA Economic Indicators

Annual routines with chaining

What the Consumer Confidence Index Measures:

Contents: 1. Real GDP growth, 2014 – 2018

Chapter 13: Economic Challenges Section 2

The Consumer Price Index (CPI)

EXCHANGE RATES (last update: July 2018)

INFLATION (last update: June 2014)

Contents: 1. Real GDP growth, 2014 – 2018

EXCHANGE RATES (last update: June 2014)

Chapter 13: Economic Challenges Section 2

Chapter 13: Economic Challenges Section 2

Price Stability Average level of prices in the economy is neither increasing nor decreasing.

INFLATION (last update: July 2019)

Өмнөговь аймгийн Нийгэм,

INFLATION (last update: September 2019)

Presentation transcript:

INFLATION (last update: August 2019) Contents: 1. Annual CPI Inflation 2. Inflation of Selected CPI Components 3. Botswana and Other Trading Partner’s Inflation

1. ANNUAL CPI INFLATION, HEADLINE & CORE1,2 1. The Consumer Price Index (CPI) currently comprises a basket of 400 items divided into 51 sections covering goods and services. The weights in the basket, which was last revised in December 2018. 2. Two measure of core inflation are currently published: the “trimmed mean”, which excludes more volatile price movements, and “core by exclusion”, which removes the impact of changes in administered prices. Source: Statistics Botswana

2. INFLATION FOR SELECTED CPI COMPONENTS1 1. The CPI components shown in this chart are selected on the basis of their importance in influencing recent inflation trends, due to their weight in the CPI basket and/or the magnitude of price movements. Source: Statistics Botswana

3. BOTSWANA AND OTHER TRADING PARTNERS’ INFLATION Source: Statistics Botswana and Bank of Botswana