DISCUSSION ON WHETHER HOUSING PRICES SHOULD BE INCLUDED IN THE CPI
ABSTRACT
Recently, whether housing price should be included in the CPI has become one of the most controversial issues. This paper analyzes the current methods of China's CPI compilation, and discusses the viewpoint that the-first-time purchase price of commercial housing should be calculated into the CPI. This paper point out that attributing all the purchases of commercial housing to the category of investment is not correct, a better approach is to include the-first-time purchase price of commercial housing into CPI.
KEYWORDS： Consumer price index Housing prices Weight
