Description

As from issue number 50, the Series of Economic Studies of the Central Bank of Chile will be called Studies in Economic Statistics.

In 2014, the National Statistical Institute of Chile (INE) presented the Consumer Price Index (CPI) Methodology Manual with annual base 2013=100. In order to provide to the public extended series, consistent with the new series, this paper presents the results of a statistical linking exercise from April 1989 to January 2014 of three series: CPI excluding food and energy (IPCSAE), IPCSAE Goods and IPCSAE Services. The methodological details, the standardization of products in baskets with different base year and the limitations are described.