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Random article: DCLG HPI (House Price Index)

House Price Index (DCLG HPI) is calculated according to the data collected from the Department of Communities and Local Government. Its calculation uses method of determination of weighted average and price dynamics for a definite period of time. This calculation method is more reliable in contrast to the method of simple averages affected by such collateral figures as location of real estate, shares of various property etc. The index helps to conduct price monitoring of sold residential property. Growth of index is a positive signal for consolidation of national currency. Although market influence of DCLG HPI is inferior, because the data serving its measurement was already published earlier and open for the market.

Popular article: Employment Cost Index Definition

This economic index is measured for wages and unemployment benefits in the USA. It can tell about occurrence of inflation processes in the state economy. FRS closely watches this indicator and based on its value adjusts its financial policy, which confirms its high significance. The Index is published quarterly, at 20-s, at 08:30 a.m EST (New York). Published data is used for middle- and long-term forecast. Rise in index in the period of expectations of growing major interest rates leads to consolidation of national currency.

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