Definition: Acquisitions approach

Consumer Price Index

An approach to CPIs (Consumer Price Index) in which consumption is identified with the consumption goods and services acquired by a household in some period (as distinct from those wholly or partially used up for purposes of consumption).

Source:
International Labour Organization (ILO), International Monetary Fund (IMF), Organisation for Economic Co-operation and Development (OECD), Statistical Office of the European Communities (Eurostat), United Nations (UNECE), The World Bank, Consumer Price Index Manual: Theory and Practice, Geneva, August 2004

Created:
2008-05-21

Updated:
2019-05-10