|Unit||Index Dec2013=100, NSA|
|Adjustments||Not Seasonally Adjusted|
|Source||National Institute of Statistics and Informatics (INEI)|
|Release||Consumer Price Index - Initial Release|
The National Institute of Statistics and Informatics (INEI) for Peru reports monthly price indexes: consumer price index, wholesale price index, and producer price index (machinery and equipment). Reported figures are not seasonally adjusted (NSA); Moody's Analytics produces seasonally adjusted counterparts. Geo coverage is the country and the capital area (Lima).
CPI measures the evolution of prices for good and services consumed by households. The index is representative of all households at different income levels.
CPI data for Lima is obtained from the National Survey of Family Budgets (ENAPREF) The results from the survey that was carried out between May 2008 and April 2009 is used as a comparison for prices (2009=100) for CPI for Lima. CPI at the national level is based 2011=100. Approximately 36000 households are surveyed in 26 cities nationwide. The head(s) of the households are directly interviewed. The survey includes the following information:
Population is defined as the set of habitual residents in the private home (urban and rural areas). Those residing in barracks, police stations, convents, boarding schools, and hotels are excluded from the population number.
Consumer spending is defined by the total value of goods and services acquired during the reference period, regardless of whether they have been paid in full or have been consumed during that same period.
The prices that INEI uses in the calculation of CPI is the exact price that the consumer pays. Pricing information is obtained from commercial establishments and services. The prices of public services (water, electricity, telephone, etc.) are obtained by the companies directly and are verified by receipts. Tuition fees are collected from the schools (private and public). Medical service prices are collected from the private offices, clinics, and state hospitals.
IPM records the variation of prices of goods that are traded in the wholesale marketing channel from the agricultural, fishing, and manufacturing sectors. It includes the consumption of intermediate goods, final consumption goods, and capital goods. Figures are reported as a December 2013=100 index.
IPME measures the price variation of goods that are used by companies in the production process. Data is collected from manufactures, marketers, and distributors of capital goods in Metropolitan Lima. Figures are reported as a December 2013=100 index.
IPMC measures the price variation of the main materials used in construction. Data is collected from distributors and marketers of construction materials. Figures are reported as a December 2013=100 index.
The data are final when first released and are not subject to change.
The index base years are periodically advanced: