Long time series for consumer price indices form the basis for purchasing power comparisons. These are used to determine what historical amounts of money would be worth today. Unlike the HICP , it also includes prices for owner-occupied housing following the rental equivalence approach , gambling as well as motor vehicle tax and registration fees. The CPI serves, inter alia, to deflate economic variables, as a measure of inflation and as the basis for payment adjustments in contracts governed by private law.
Linked to consumer price indices going far back into the past for Germany, the CPI is available as a long time series for historical purchasing power comparison calculations.
The producer price index for industrial products calculated each month by the Federal Statistical Office measures the average change in the prices of raw materials and industrial products produced by domestic enterprises and sold in Germany.
The producers of these goods belong to the following economic sectors: mining and quarrying, manufacturing, energy and water supply. Long price index time series are often used to determine what historical amounts of money and currencies would be worth today. The calculated purchasing power equivalents can provide information on the present-day value of goods and services that could be obtained for a certain sum of money in former times. Real-time data. Homepage Statistics Economic activity and prices National Producer and consumer prices.
National Producer and consumer prices Print. National Producer and consumer prices DE Background Consumer prices Producer prices of industrial goods Purchasing power comparisons of historical monetary amounts Background Long time series for consumer price indices form the basis for purchasing power comparisons. Purchasing power comparisons of historical amounts of money.
