Volume 1: Consumer Price Indices

Martinique

Official title

Indice des prix à la consommation (Consumer Price Index).

Scope

The index is compiled monthly and relates to urban households with average income and expenditure, but including only households whose head is a wage earner or salaried employee in the non-agricultural private and public sectors, excluding the armed forces.

Official base

1979 = 100.

Source of weights

The weights were calculated on the basis of data from various sources, such as administrative records and production and trade statistics, supplemented by private consumption expenditure patterns for France and Réunion.

Weights and composition

Major groups Number of items Weights Approximate number of price quotations
Food 5731.66...
Clothing and footwear 248.79...
Housing:
Fuel and light 44.33...
Rent 19.96...
Furniture, household goods, maintenance and other services 2510.83...
Personal and medical care 128.58...
Transport 1216.44...
Education and recreation 319.41...
Total 166100.00...

Household consumption expenditure

Consumption expenditure for the purpose of the index comprises all the important goods and services purchased for consumption by the index population including expenditure on domestic and administrative services. It excludes direct taxes, building costs considered as investment, home-produced goods consumed by households, the value of owner-occupied dwellings, second-hand purchases, social security contributions and insurance premium payments.

Method of data collection

Prices are collected by agents from about 277 retail outlets, markets and service establishments in two main urban areas: Fort-de-France and Schoelcher. Prices are obtained each month for most items. Prices of fresh food, namely fish, fruit and vegetables, are ascertained twice a month from retail shops and weekly from market places. Prices for some items are ascertained every three months.

The prices used to calculate the index are the retail prices actually paid.

Housing

Rent quotations are obtained every six months from a sample of 144 rented dwellings in Fort-de-France and Schoelcher.

Specification of varieties

Broad specifications are given. The price collector chooses the most popular product in each retail outlet for regular price collection.

Substitution, quality change, etc.

If a product is no longer available, it is substituted by another product with approximately the same quality. If the quality of the substitute is not directly comparable with that of the old product, adjustments are made for quality changes whenever possible.

Seasonal items

Seasonal fluctuations in the prices of fresh fish, fruit and vegetables are taken into account by varying the items and item weights within monthly baskets of constant group weights.

Computation

The index is computed according to the Laspeyres formula as a weighted arithmetic average with fixed base.

Price relatives for the current and base periods are used to compute item indices. Relatives of average prices are calculated for most items, but for heterogeneous varieties, averages of price relatives are computed.

Other information

Detailed sub-groups are published for this series.

Organisation and publication

INSEE, Service régional de la Martinique, Bulletin statistique de la Martinique (Fort-de-France).

Idem: Sélection mensuelle de statistiques.

INSEE, Service interrégional Antilles-Guyane: L'indice des prix de la Martinique, base 100 en 1979; Méthodes, bilan 1979-1984 et perspectives, Les dossiers Antilles-Guyane (Fort-de-France, June 1985).