Bubble collapse, 3 tax rate rises, IT bubble, Bankruptcy of Lehman Brothers etc. - All the economic phenomenon which happened during the “Lost 25 years” are incorporated in our real time price index data, retail sales data and more than 2000 sets of data which we can provide via DVD-ROM or WEB. This data can be used to analyze the cause of long-term deflation, regional differences of inflation, ripple effect of financial policies etc.
Both selling price and sales volume are recorded. By recording both, it allows for a much greater degree of accuracy.
Nikkei CPINow (the former UTokyo Daily Price Index) releases the prices two days later. Very useful for providing rapid pricing.
All the economic phenomenon since 1989, including the “Lost 25 years”, have been incorporated. Unique among all kinds of indices that covers such a long time.
|Our samples contain||Since Aug. 1st, 1989||Number of records||More than 6 billion|
|Number of stores||About 800||Number of products||About 2.65 million|
Want to know the fluctuation of commodity prices and the item-specific prices in some region?
Here tells you the trend of supermarkets’ commodity prices of the whole country.
Nikkei CPINow is a price indicator called Törnqvist index which has the most desirable property in the theory of index. In order to cut down on expenses, statistical department of each country do sample survey of the objective products. By contrast, Nikkei CPINow uses POS system to collect information online so it’s possible to investigate all the products sold in supermarkets instead of sampling (full investigation). It’s the main difference between Nikkei CPINow and the existing indices and it has effect on improving the accuracy so it becomes possible to analyze the true cause of deflation. To see details about Törnqvist index, please click here.
As we provide more than 2000 pieces of data of commodity prices・sales which contain not only “CPI” but also “region-specific・city-specific”, “item-specific”, “General price index”, “sales”, “index based on Laspeyres index” etc., it’s possible for you to do a comprehensive analysis.
Nikkei CPINow was quoted in Mr. Kuroda’s lecture right after the introduction of Negative Interest Rate Policy, gist of policy decision conference, press conference and so on. It's actually used by policy authorities for policy considerations.