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Google Price Index – a new KPI for mapping inflation trends using web data

Written by Adelina Chelniciuc on . Posted in Articles, KPI

According with a recent article published by Harding (2010) in the Financial Times citing Google’s Chief Economist, Hal Varian, Google is currently developing and testing a new daily measure of inflation using web data. Google Price Index (GPI) is envisaged to provide accurate daily statistics of the inflation trends for the products and services transacted […]

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