income/prices


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Income/Prices

glossary of terms

CONSUMER PRICE INDEX (CPI) - measure of the average changes in the prices of a fixed basket of goods and services usually purchased by households for their consumption. (National Statistics Office)

MAGNITUDE OF THE POOR - the number of families or the population whose annual per capita income falls below the subsistence/poverty threshold.
(TWG on Income Statistics, NSCB)

POVERTY INCIDENCE - proportion of families/population whose annual per capita income falls below the annual per capita poverty threshold to the total number of families/population. (TWG on Income Statistics, NSCB)

POVERTY THRESHOLD – annual per capita income required or the amount to be spent to satisfy nutritional requirements (2,000 Kcal) and other basic needs. (TWG on Income Statistics, NSCB)

Retail Price Index (RPI) - measure of the changes of the prices at which retailers dispose of their goods to consumers and end-users. (National Statistics Office)

SUBSISTENCE INCIDENCE - proportion of families/population whose annual per capita income falls below the annual per capita food/subsistence threshold to the total number of families/population.
(TWG on Income Statistics, NSCB)

SUBSISTENCE/FOOD THRESHOLD – annual per capita income required or the amount to be spent to satisfy nutritional requirements (2,000 Kcal). (TWG on Income Statistics, NSCB)

WHOLESALE PRICE INDEX (WPI) - measure of the changes in the price level of commodities that flow into the wholesale trade intermediaries. (National Statistics Office)

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