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Sat 01, Nov 2014

Statistical Tools

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Personal Inflation Calculator

 
 
 
 
Personal Inflation Calculator
Personal Inflation Calculator

​The consumer price index (CPI) is the official measure of consumer inflation in Abu Dhabi Emirate. The CPI is based on the total expenditure of all households in a particular year or month. The proportions of this expenditure form the weights of the CPI. The month-to-month changes in the CPI are based on a survey and prices gathered from a variety of outlets and service providers across the Emirate.


How it works
 
This inflation calculator is aimed at allowing the public to gauge what their own inflation rate might be. The calculator allows you to capture your own personal expenditure patterns as weights. The price indices as compiled each month for the CPI are then applied to these weights to calculate your personal inflation rate. In order to keep the calculator user friendly, aggregated indices are used. When inputting your expenditure, you should exclude any payments that are of a savings or investment nature.