Weights & Contributions: Which Item Drove Inflation?
This lesson is part of the course
In this lesson
You compute each item's contribution to the café's cost inflation in percentage points, find the main driver and rank all contributions in a bar chart.
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Lessons in this course
- Simple Index Numbers & Rebasing (Base = 100) Locked
- Price Relatives & Unweighted Indices: Carli, Dutot, Jevons Locked
- The Laspeyres Price Index: a Fixed Basket with SUMPRODUCT Locked
- Paasche & the Fisher Ideal Index: Substitution Bias Locked
- Quantity & Value Indices: Price × Quantity = Value Locked
- Chain-Linking an Annual Index Locked
- Deflating: Nominal to Real with a Price Index (Real Revenue & Real Wages) Locked
- Weights & Contributions: Which Item Drove Inflation? Locked