hinnaindeksi
Hinnaindeksi, often translated as price index, is a statistical measure that tracks the change in the price level of a basket of goods and services over time. It is used to assess inflation or deflation within an economy. The most common type is the consumer price index (CPI), which measures the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. Other types of price indexes exist, such as the producer price index (PPI), which measures the average change over time in the selling prices received by domestic producers for their output, and the GDP deflator, which measures the price level of all new, domestically produced, final goods and services in an economy.
The construction of a price index involves selecting a representative basket of goods and services, determining