E-commerce and the Consumer Price Index
Author | : Taylor Mitchell |
Publisher | : |
Total Pages | : 15 |
Release | : 2019 |
ISBN-10 | : 0660325896 |
ISBN-13 | : 9780660325897 |
Rating | : 4/5 (96 Downloads) |
Download or read book E-commerce and the Consumer Price Index written by Taylor Mitchell and published by . This book was released on 2019 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt: The rise of the digital economy presents new challenges to the measurement of price change, driven by the increasing popularity of online shopping and the availability of new consumer goods and services. Consumption patterns as well as the behaviour of online prices, compared to those collected in-store, must be considered in the context of consumer price inflation. This analytical article explores the impact of e-commerce on the monthly Consumer Price Index (CPI) and discusses how price collection and methods are evolving in the context of an increasingly digitalized retail landscape.