Price Indices
Price Indices
Price indices measure changes in the average price level of goods and services over time. These indices are essential for economic analysis, policy formulation, and decision-making in both the public and private sectors. They help track inflation, assess purchasing power, and adjust economic variables for price changes.
Key Price Indices
Consumer Price Index (CPI)
The Consumer Price Index (CPI) reflects changes in the cost of a standard basket of goods and services typically purchased by households.
Producer Price Index (PPI)
The Producer Price Index (PPI) measures changes in the prices received by domestic producers for their goods and services.
Poverty Datum Line (PDL)
The Poverty Datum Line (PDL) is a key economic indicator used to measure the minimum level of income required for an individual or household to meet basic needs.
Civil Engineering Materials Price Index (CEMPI)
Civil Engineering Material Price Index (CEMPI) measures the changes, from month to month, in the prices of building materials.
Building Materials Price Index (BMPI)
The Building Material Price Index reflects changes in the cost of a standard basket of materials needed to construct an average home.
Get BMPI Statistics here