Imported inflation is caused by of all the final goods and services produced within a year the depreciation of the local currency against the currencies by both nationals and non-nationals living in the country; of trading partners. [...] The survey in 2009/2010 of Kina negatively impacts the cost of living and welfare of assisted the NSO in rebasing the CPI base year to 2012 and the people. [...] The CPI is calculated as a weighted average of the price changes of the expenditure items covered by the index. [...] In PNG, the annual figures are calculated change indicates how much the CPI for the specific good as the simple averages of the quarterly inflation numbers. [...] The current process employs NSO needs to expand the sample dimensions and review the most of the elements determined in the 2009/2010 HIES sampling procedure to improve data collection.
- Pages
- 4
- Published in
- Papua New Guinea
