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COVERAGE (IN PRICE INDICES)

Statistics Directorate    
Definition:
The set of goods and services of which the prices are actually included in the index. For practical reasons, coverage may have to be less than the ideal scope of the index, that is, the set of goods and services that the compilers of the index would prefer to include if it were feasible.

Source Publication:
ILO, IMF, OECD, Eurostat, UNECE, World Bank, 2004, Consumer Price Index Manual: Theory and Practice, International Labour Office, Geneva.

Cross References:
Coverage (of data sources)

Hyperlink:
http://www.ilo.org/public/english/bureau/stat/guides/cpi/index.htm

Statistical Theme: Prices and purchasing power partities

Created on Friday, July 08, 2005

Last updated on Thursday, April 18, 2013