Thursday, July 15, 2004

Composition of the CPI

Willy Sutton was wondering what factors to the CPI.

Being the obsessive-compulsive that I am I went and found out. The results are posted here. They are, as always, courtesy of Statistics Iceland (Hagstofan).

I am however not enough of an economist to debate whether the idea of a CPI is a sham or not (I have a faint suspicion that Willy is of the former opinion).