Glossary entry

English term or phrase:

population of the prices

English answer:

group of prices

Added to glossary by zax
May 30, 2006 13:01
17 yrs ago
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English term

population of the prices

English Bus/Financial Business/Commerce (general)
"Sampling" relates to any procedure in the construction of the HICP where a subset of the population of the prices faced by consumers is used to estimate the price change for some category of the goods and services covered by the HICP.

Discussion

DarekS May 30, 2006:
HICP - (harmonized indices of consumer prices). Exerption is from:
"COMMISSION REGULATION (EC) No 1749/96 of 9 September 1996 on initial implementing measures for Council Regulation (EC) No 2494/95 concerning harmonized indices of consumer prices"

Responses

15 mins
Selected

group of prices

several prices within a certain range.
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4 KudoZ points awarded for this answer.
12 mins

whole range of prices

population here means all possible prices available on the market - from lowest to highest (cheapest products vs. most expensive ones)
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