The Evolution of the Index of Population Consumption Prices

Prof. Constantin ANGHELACHE PhD.
Academy of Economic Studies, Bucharest, “Artifex” University of Bucharest
Prof. Gabriela Victoria ANGHELACHE PhD.
Daniel DUMITRESCU PhD. Student
Bogdan DRAGOMIR PhD. Student
Diana Valentina SOARE PhD. Student
Academy of Economic Studies, Bucharest

Abstract

This paper includes an analysis of the consumption prices, as they represent a major instrument for the measurement of inflation. The analysis methodology takes into account a series of criteria that are presented and described in the first part of the paper. The results of the analysis are presented in an easily viewable format, by using proper charts and tables. In our country the inflation, or depreciation, is calculated on the basis of the population consumption prices and the rate of modification of this indicator is set up by comparing in time the modifications of these prices. This index of the consumption prices must achieve a synthesis of the evolution between two periods of the prices for all the goods and services included by the population’s consumption.

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Sumar RRSS 4/2014