Traditionally, policymakers and financial markets have regarded the “core” consumer price index (CPI) as a key inflation indicator. The core CPI, a special index published by the Bureau of Labor Statistics (BLS), excludes the volatile prices of food and energy. In excluding these components, BLS recognizes that prices that swing dramatically in response to unusual shifts in weather and other un...

The main purpose of this paper is to examine the relationship between consumer price index (CPI) and producer price index (PPI) in Malaysia. This research considers monthly data of consumer price index and producer price index from January 1986 to April 2007. The Johansen cointegration method suggests that there is long-run equilibrium relationship between these two variables. Both Engle Grange...

ƒ The total CPI measurement bias is estimated to be about 0.5 percentage point per year over the 2005–11 period, consistent with the Bank’s earlier findings. Slightly more than half of this bias is caused by the fixed nature of the CPI basket of goods and services. More frequent updates of the weights that are used in the basket would reduce this error by more accurately reflecting changes in s...

Life experiences for corresponding age cohorts in the United States (US) and the People's Republic of China (PRC) have been dramatically different. If cohort effects account for cross-sectional age differences in mean levels of personality traits, different patterns of age differences should be seen in samples from the US and the PRC. The present study examined scores on scales from the Califor...

Intelligent agents are often called upon to form plans that direct their own or other agents’ activities. For these systems, the ability to describe plans to people in natural ways is an essential aspect of their interface. In this paper, we present the Cooperative Plan Identification (CPI) architecture, a computational model that generates concise, effective textual descriptions of plan data s...

Firstly, the drought monitoring model based on the Cloud Parameters Method/Index (CPI) is briefly introduced in this paper. Meanwhile, the characteristics of the sensor, Spinning Enhanced Visible and InfraRed Imager (SEVIRI), are analyzed from the aspect for drought monitoring. Secondly, we promote a suitable multi-spectral model to detect cloud pixels for the calculation of the three cloud par...

Until recently, there were no true innovations in the management of locally advanced (aUC) and metastatic urothelial cancer (mUC) in the last three decades. Vinflunine has been approved by the EMA (European Medicines Agency) with only limited improvement compared to best supportive care in second line treatment. In addition, gemcitabine/ cisplatin has been established as an alternative to metho...

Radar imaging of noncooperative targets is an interesting application of all-weather high-resolution coherent radars. However, these images are usually blurred when using the standard range-Doppler algorithm, if a long coherent processing interval (CPI) is used, and motion compensation techniques are hence necessary to improve imaging quality. If the CPI is reduced enough, target scatterers do ...

Due to outdated weighting information, a Laspeyres‐based consumer price index (CPI) is prone accumulating upward bias. Therefore, the present study introduces and examines simple transparent revision approaches that retrospectively address source of They provide consistent long‐run time series CPI require no additional information. Furthermore, coherent decomposition bias into contributions ind...

Recalling the resolution adopted by the Fourteenth International Conference of Labour Statisticians concerning consumer price indices and recognizing the continuing validity of the basic principles recommended therein and, in particular, the fact that the consumer price index (CPI) is designed primarily to measure the changes over time in the general level of prices of goods and services that a...