Title: Rail fares data to transform consumer price statistics Post by: CyclingSid on July 05, 2022, 09:08:53 This might be of interest to some.
https://www.ons.gov.uk/economy/inflationandpriceindices/articles/usingtransactionlevelrailfaresdatatotransformconsumerpricestatisticsuk/2022-06-28 (https://www.ons.gov.uk/economy/inflationandpriceindices/articles/usingtransactionlevelrailfaresdatatotransformconsumerpricestatisticsuk/2022-06-28) They say "If we had used these data and methods between February 2019 and February 2022, there would have been negligible impact on the headline rate for CPIH and CPI, but our understanding of what was driving price changes in this category would have been substantially improved." Not sure I understand "It does not retail." has this been over-shortened to the point of unintelligibility? The South West "or example we see that the South West is showing the highest level of inflation of all the regions. In this region, rail inflation is 4.5% higher in September 2020 than January 2019, and 9% higher by December 2021. By further inspecting the elementary aggregate indices for the South West, the main driver of this inflation is mostly because of a gradual increase in the price of advance fares (that are unregulated) in this region." Title: Re: Rail fares data to transform consumer price statistics Post by: ChrisB on July 05, 2022, 09:53:48 I read “does bot retail” as unavailable to the public (access to LENNON).
But I may be completely wrong! Title: Re: Rail fares data to transform consumer price statistics Post by: stuving on July 05, 2022, 10:20:05 I read “does bot retail” as unavailable to the public (access to LENNON). But I may be completely wrong! I read it as "LENNON does not sell tickets, it collects data from those systems that do." Title: Re: Rail fares data to transform consumer price statistics Post by: eightonedee on July 05, 2022, 12:15:02 Agreed Stuving - an example of where using a word that I imagine was not originally a verb (retail - an adjective?) into a verb to save a word or two ("sell tickets") makes things less clear, not clearer.
Mind you, it's easier for me to understand than "A GEKS-Törnqvist index using a mean splice on the published series with a 25-month window, is used for calculation of these low-level stratum (elementary aggregate) indices."! This page is printed from the "Coffee Shop" forum at http://gwr.passenger.chat which is provided by a customer of Great Western Railway. Views expressed are those of the individual posters concerned. Visit www.gwr.com for the official Great Western Railway website. Please contact the administrators of this site if you feel that content provided contravenes our posting rules ( see http://railcustomer.info/1761 ). The forum is hosted by Well House Consultants - http://www.wellho.net |