Linkage Projects - Grant ID: LP0347654

Funding Activity

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Funded Activity Summary

Can Electronic Point-of-Sale (POS) Data Improve the Australian Consumer Price Index? This project will investigate how new sources of data can be used to improve the accuracy of price indexes that are used in policy formation, such as the consumer price index. The adoption of bar-code labelling for products has provided statistical agencies with an information-rich source of 'scanner data' on prices and quantities of purchased goods. In collaboration with the Australian Bureau of Statistics, this project will develop mathematical and statistical methods for exploiting this new data source. The findings will contribute to the improvement of price indexes, and subsequently the many government policies that depend on these indexes.

Funded Activity Details

Start Date: 02-2003

End Date: 06-2007

Funding Scheme: Linkage Projects

Funding Amount: $120,000.00

Funder: Australian Research Council