Consumer Price Index

In addition to the official Consumer Price Index which provides a monthly measure of inflation based on data collected by more traditional means users may soon be able to track the Google Price Index that compiles inflation statistics using data pulled solely from online sources.

According to the Financial Times reports Google chief economist Hal Varian recently unveiled his Google Price Index project at the National Association of Business Economists conference in Denver, Colorado – though he said the company has yet to decide when or if to publish it.