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2007.12.07
Hi!
Are you worried about the rising cost of living or the rising cost of doing business? Well, you might feel less anxious if you had a way of comparing today's costs to those in previous years. Here's a tool for doing just that!
PRICE INDEX 物価指数
- A price index is a measure of how much the average cost of a group of products changes over time.
- price index とは、ある商品群の平均価格が、時の経過にしたがって、どのぐらい変化したかを示す指標、つまり、物価指数のことです。
- Retail inflation there, as measured by changes in the Consumer Price Index, has been driven mainly by increases in food and transportation costs.
- The Producer Price Index, formerly known as the Wholesale Price Index, tracks changes in the prices charged by manufacturers, wholesalers, and those selling commodities.
- For a country like Japan, which relies heavily on imports, even a small increase in the Import Price Index can be significant.
It's been a brilliant week! Thanks for sharing it with us!