Scanner Data – Discussion on the Treatment of Discounts in the CPI.pptVIP

Scanner Data – Discussion on the Treatment of Discounts in the CPI.ppt

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Scanner Data – Discussion on the Treatment of Discounts in the CPI

Scanner Data – Discussion on the Treatment of Discounts in the CPI Muhanad Sammar, Anders Norberg Can Tongur Statistics Sweden Disposition Scanner Data in the Swedish CPI The Swedish Practice A New System Data file Different Rebates and Discounts Regulations Guidelines Future plans The Price Unit’s Current Position Scanner data in the CPI One major retail chain (Approx 50%) - Daily necessities Pharmacies (Total data) The government owned chain of alcohol stores (Total data) Studying scanner data from Two more retail chains (Approx 35%) A major railway operator Secure scanner data from Petrol stations Hardware stores Electrical retailers The Swedish Practice 1 - Manual price collection (observed prices) Store A1 Store A2 Store An Price collector B1 Item 3 Item 2 Item i Item 4 Item 1 Price collector B2 Price collector Bm The Swedish Practice 2 - Transaction prices (weekly deliveries) Store A1 Store A2 Store An Item 3 Item 2 Item i Item 4 Item 1 Population C1 Population C2 Population Cn A complete system has been built File validation File structure Translate variables name Ensure the quality Selecting – fixed basket Price validation Limits Market analysis Aggregation Unweighted geometric mean Weighted arithmetic mean Why the Price Unit went to Use Scanner Data in the CPI? Better quality Less volatile data (three weeks) “A study on Scanner Data in the Swedish CPI” A report by Swedish Consumer Agency For 9% of the items in the survey, the prices were hard to find or could not be found at all. For 6% of the examined products, the prices on the shelves and packages were different from the purchased prices. Human errors Scanner Data - Variables Excel sheet Transaction prices (=Turnover/Units Sold) EAN codes (bar codes) Detailed information Product description Week/Year Store Quantity Brand Different Rebates and Discounts Member card discounts Bonus offers (extras) like “3 for 2” Sale Coupon discounts Member Card Discounts “Membership” offers are for the

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