Table 1 CPI increases obtained from different index formulae

(average annual rate, %)

Index Manila 1955-1965 Japan 1990-1995 Comments
Larpeyres 3.451 1.248 arithmetic average from base year weight
Paasche 3.236 1.276 arithmetic average from comparison year weight
Fisher 3.344 1.262 geometric average from Laspeyres and Fisher
Tornqvist 3.215 1.241 geometric average from base year and comparison year average weight



Notes

1. The figures for Manila are computed on the basis of the weights by the five categories of expenditure, foodstuffs, clothing, housing, water and fuel, and others, with 1955 as the base year and 1965 as comparison year.

2. For Japan, foodstuffs, housing, fuel and water, furniture and household appliances, clothing and footwear, health and medicine, transportation and communication, education, and culture and miscellaneous constitute the ten major categories of expenditure, on the basis of which figures are computed with 1990 as base year and 1995 as comparison year.