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12 January, 15:06

What is the main advantage of the billion prices project over the cpi?

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  1. 12 January, 16:32
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    The advantage is that many prices can be monitored daily. The consumer price index is a measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food and medical care. Billion prices project aggregates price information from multitude of online retailers around the world and gives them real time inflation predictions.
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