Page 558 - Cục Thống kê tỉnh Hòa Bình

final price of goods paid by consumers in market after negotiation

with sellers.

Formula for computing average consumer price is as follows:

 M ,K  1 ( / N )
P =   (P i , j ,k 
)
i
 j= , 1 k = 1 

Where:

i P : Average price in the reference month of item i;

Pi,j,k: Surveyed price of item i at place j, period k;

K: Number of survey periods of item i in the reference month,

K = 1÷3;

k: The survey period of item i, k = 1÷K;

M: Number of survey places of item i in the reference month;

j: Survey place of item i in period k in reference month, j = 1 ÷M;

N: Number of samples of item i’s price collected in the reference
month, N= M x K.

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