Price Collection for the Consumer Price Index: A Documentation
The quality of poverty estimates relies heavily on the data sources. One of the sources of data for poverty estimation in the Philippines is the retail price collected by the National Statistics Office. The retail prices are used, along with or in the absence of price data of certain commodities from the Bureau of Agricultural Statistics, for costing the poverty thresholds. This report contains the procedures of collecting, monitoring, and verifying the price data. It also discusses how special items are treated.