Prices represent a monetary form of the values of goods and services expressed in money. Data on movements of prices are a very important instrument of the economic policy and they have great importance in the overall development of the economy in the country. Price movements are subject to statistical monitoring in order to provide data necessary for the management of such policies.
Price statistics, by using the representative method, provide real data that show the general movement of prices on the market in a given time and space.
The price dynamics are observed in the commodity market for periods shorter than a year (monthly, quarterly, semi-annually).
Changes in prices are expressed in relative values, i.e. indices for monitoring the tendency of such changes (increase, decrease).
Price statistics monitor the dynamics of:
- industrial producer prices on the domestic market,
- industrial producer prices on the non-domestic market,
- industrial producer prices, total,
- catering prices,
- retail prices and consumer prices, as well as consumer prices by COICOP classification,
- prices in agriculture,
- prices of agricultural products on retail, wholesale and livestock markets.
Within the price statistics, besides the price movement, also monitored is the movement of value, where the subject of research is:
- construction costs,
- purchase and sale of agricultural products.