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| Definition: |
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An approach to CPIs in which the consumption in some period is identified with the consumption goods and services actually used up by a household to satisfy their needs and wants (as distinct from the consumption goods and services acquired). In this approach, the consumption of consumer durables in a given period is measured by the values of the flows of services provided by the stocks of durables owned by households. These values may be estimated by the user costs.
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| Source
Publication: |
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ILO, IMF, OECD, Eurostat, UNECE, World Bank, 2004, Consumer Price Index Manual: Theory and Practice, International Labour Office, Geneva.
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| Statistical
Theme: Prices and purchasing power partities |
| Created
on Thursday, February 20, 2003 |
| Last
updated on Monday, July 11, 2005 |
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