Volume 1: Consumer Price Indices

Gambia (Banjul, Kombo St. Mary)

Official title

Consumer Price Index.

Scope

The index is compiled monthly and covers low-income group households with an annual income of up to 1,500 dalasis during August 1968 to August 1969. The index relates to Banjul, the capital city, and Kombo St. Mary.

Official base

1974 = 100.

Source of weights

The weights and selected items were derived from a household expenditure survey conducted from August 1968 to August 1969, covering 618 households in Banjul. The price changes between the survey period and the base period (1974) were not taken into account in the weights. The criteria for selecting items for the basket was that all expenditure items with 0.5 per cent or more of the market basket should be included.

Weights and composition

Major groups Number of items Weights Approximate number of price quotations
Food 52580...
Clothing, footwear and household linen 12175...
Rent 4251...
Fuel and light 554...
Miscellaneous (including personal and medical care, education, recreation, tobacco, etc.) 24140...
Total 1351000...

Household consumption expenditure

Consumption expenditure for the purpose of the index comprises all goods and services purchased for consumption by the index population. Income tax, gifts and charities, religious and ceremonial functions such as births, funerals and marriages, loans, purchase and maintenance of motor vehicles for commercial use, life insurance, credits and savings are excluded.

Method of data collection

Prices are collected by the permanent staff of the Central Statistics Division from four market areas and 48 retail outlets and service establishments in Banjul and Kombo St. Mary.

Prices are ascertained each month for most of the items. For certain items with large price fluctuations, prices are collected each fortnight through direct buying.

For items such as electricity charges, doctors' fees, hair-dressing, school fees, cinema tickets, dances, newspapers, taxi fares, air fares, foreign air-letters and dry-cleaning and washing, prices are collected once a month.

The prices used in the index are the prices actually paid.

Housing

Rent data are collected in February, May, August and November for 42 rented dwellings. The sample is kept fixed except for occasional adjustments.

Specification of varieties

A detailed description of each item priced is provided to the price collectors.

Substitution, quality change, etc.

If a product is no longer available on the market, it is substituted by a similar product and a method of linking is used.

Seasonal items

Fresh fruit and vegetables are treated as seasonal items. During the off season, the weights of these items are assigned to the other items within the same group.

Computation

The index is computed according to the Laspeyres formula as a weighted arithmetic average with fixed base, using weights corresponding to August 1968-August 1969.

Price relatives of the current and base periods are used to compute item indices.

Organisation and publication

Ministry of Economic Planning and Industrial Development, Central Statistics Division: Consumer Price Index (Banjul).

President's Office, Central Statistics Division: Proposals for a new series of Consumer Price Index Numbers for Banjul and Kombo St. Mary (Banjul, nov. 1973).