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Construct the cost-of-living index number for 2020 on the basis of 2018 from the given data
Construct the cost-of-living index number for 2020 on the basis of 2018 from the given data. Advice a donor agency on what course of action to take if the information is meant to help them make a decision on some food stipend being for a social protection program in Kenya.
|
Commodities |
PRICE |
Weights |
|
|
2018 |
2020 |
||
|
A |
200 |
400 |
50 |
|
B |
200 |
350 |
40 |
|
C |
100 |
150 |
65 |
|
D |
80 |
120 |
45 |
|
E |
60 |
180 |
20 |
|
F |
90 |
157.5 |
60 |
|
G |
300 |
585 |
100 |
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