Official Concept and Definition
Consumer Price Index (CPI)
| Definition | Indicator of the change in the average prices of a fixed basket of goods and services commonly purchased by households relative to a base year. |
| Formula |  |
| PSS Agency | PSA |
| Source/s | PSA https://psa.gov.ph/ |
| Indicators / Statistics Being Generated | Prices |
| PSA Board Resolution | PSA Board Resolution No 01, Series of 2017 - 99
https://psa.gov.ph/sites/default/files/PSA%20BOARD%20RESO%2001%202017.pdf |
| Statistical Domain | Economic Statistics |
| Statistical Activity | Prices |
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