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Sampling Schemes Using Scanner Data for the Consumer Price Index

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New Statistical Developments in Data Science (SIS 2017)

Part of the book series: Springer Proceedings in Mathematics & Statistics ((PROMS,volume 288))

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Abstract

The Italian National Institute of Statistics (ISTAT) is carrying out a redesign of Consumer Price Survey (CPS). The availability of Scanner Data (SD) from retail modern distribution, provided to ISTAT by Nielsen for a large number of stores selling food and grocery, is the starting point of this innovation. Indeed, SD represent a big opportunity for improving the computation of Consumer Price Index (CPI). This work aims to study the properties of alternative aggregation formulas of the elementary price index in different sampling schemes implemented on SD. Bias and efficiency of the estimated indices are evaluated through a Monte Carlo simulation.

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Correspondence to Claudia De Vitiis .

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De Vitiis, C., Guandalini, A., Inglese, F., Terribili, M.D. (2019). Sampling Schemes Using Scanner Data for the Consumer Price Index. In: Petrucci, A., Racioppi, F., Verde, R. (eds) New Statistical Developments in Data Science. SIS 2017. Springer Proceedings in Mathematics & Statistics, vol 288. Springer, Cham. https://doi.org/10.1007/978-3-030-21158-5_16

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