Google, the search giant, will provide inflation data, which is more up-to-date than other official statistics. The Google Price index (GPI) is a new inflation measure that tracks changes in the price of products and services. Different from the Consumer Price Index (CPI), the GPI will be based on the costs of goods sold online which means that the basket of goods would have a much smaller proportion. As the project isn’t finished yet, the company hasn’t decided whether to publish it.
Guardian
Pauline Opdebeeck
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