Tuesday, October 12, 2010

Google Plans Alternative Price Index

Source: CNBC

Google is using its vast database of web shopping data to construct the ‘Google Price Index’ – a daily measure of inflation that could one day provide an alternative to official statistics.

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1 comment:

  1. Did you know that there is already a price index created by ex-Google software engineer available at website www.numbeo.com? It's crowedsourced like wikipedia. It might be interesting to your readers as well. Thanks