Hi.. Does anybody know the answer?
For example CPI is a measure estimating the average price of consumer goods and services purchased by households which means that from time to time national statistical agencies send theirs price agents into the streets and they collect actual prices of items from market basket. And Market basket contains many many exotic items.
well ok.. this was a theory
no how financial analysts can predict CPI(for example). Do they use percentage changes from other macro indicators or something like that?
I can't believe that analysts are creating their own market basket and send agents for prices
so does anyone know where is the truth?
For example CPI is a measure estimating the average price of consumer goods and services purchased by households which means that from time to time national statistical agencies send theirs price agents into the streets and they collect actual prices of items from market basket. And Market basket contains many many exotic items.
well ok.. this was a theory
no how financial analysts can predict CPI(for example). Do they use percentage changes from other macro indicators or something like that?
I can't believe that analysts are creating their own market basket and send agents for prices
so does anyone know where is the truth?