Volume 1: Consumer Price Indices

Niue

Official title

Retail Price Index.

Scope

The index is compiled quarterly and covers all medium-income households in urban areas (Alofi town).

Official base

March quarter 1982 = 100.

Source of weights

The weights and selected items were derived in 1981 from a number of sources, including trade statistics, advice from the three major stores, government accounts and additional information provided by several government authorities.

Weights and composition

Major groups Number of items Weights Approximate number of price quotations
Food 59430...
Alcoholic beverages and tobacco 6115...
Housing 950...
Household operations 26130...
Clothing and footwear 1350...
Transport 12175...
Miscellaneous 1250...
Total 1371000...

Household consumption expenditure

Consumption expenditure for the purpose of the index comprises all goods and services purchased for consumption by the index population. It excludes the purchase of new houses, air fares for permanent movement in or out of Niue, gifts and donations.

Method of data collection

Not available.

Housing

Not available.

Specification of varieties

The specifications of items to be priced are given in terms of brand, make, size and quality, etc.

Substitution, quality change, etc.

When an item is no longer available, a similar item or another item of the same sub-group is substituted.

Seasonal items

Not available.

Computation

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

In computing item indices, price relatives for the current and previous periods are used.

Other information

A new series (base January-March 1990 = 100) is now computed but the relevant methodological information was not available in the ILO at the time the present volume was published.

Organisation and publication

The index is compiled by the Development Planning Office, Statistics Unit (Alofi).

Treasurer Department: Quarterly Abstract of Statistics (Alofi).