Price Index Determination Of Some Selected Building Materials I And Household Commodities: A Tool For Improving The Standard Of Living Of Abians (A Case Study Of Timber Industrial Market And Main Market, Umuahia):- Ohabughiro Joshua O
ABSTRACT
The research work is purely on index number
gearing to determine the price index of some selected household commodities
both processed items and unprocessed food items as well as building materials
from the two outstanding Markets in Umuahia. The objective of the study is to
measure by estimating how increasing or reducing the levels of prices of this
individual set of commodity types have change over the years of interest so as
from the stand point of price index profound solution to standard of living
improvement. Different opinions of both scholars and individuals were writing
down in the literature review. The theoretical methodologies were also
discussed. Consequent upon this fact, 2006 predominantly was used as my
standard base year due to the fact that in Abia State, market price survey was
conducted by the Office of State Statistical Agency and was used to compare the
prices in year 2007, 2008, 2009, 2010 and 2011 under different index types.
Also, a comparison of using preceding year as base period till 2010 was
computed alongside the individual index factors of change. Having applied
different the formulae as stated in equation (3.1-3.09), I was able to find out
that the prices of the aforementioned commodities are on a continuous increase as
the year increases but much more to the prices of housing investment, and
followed by unprocessed food items. Hence appropriate recommendation, and
conclusion were adequately itemized followed by references and numerous
computational table of appendix of forty-five.
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-- (2025). Price Index Determination Of Some Selected Building Materials I And Household Commodities: A Tool For Improving The Standard Of Living Of Abians (A Case Study Of Timber Industrial Market And Main Market, Umuahia):- Ohabughiro Joshua O. Mouau.afribary.org: Retrieved Apr 03, 2025, from https://repository.mouau.edu.ng/work/view/price-index-determination-of-some-selected-building-materials-i-and-household-commodities-a-tool-for-improving-the-standard-of-living-of-abians-a-case-study-of-timber-industrial-market-and-main-market-umuahia-ohabughiro-joshua-o-7-2
--. "Price Index Determination Of Some Selected Building Materials I And Household Commodities: A Tool For Improving The Standard Of Living Of Abians (A Case Study Of Timber Industrial Market And Main Market, Umuahia):- Ohabughiro Joshua O" Mouau.afribary.org. Mouau.afribary.org, 10 Mar. 2025, https://repository.mouau.edu.ng/work/view/price-index-determination-of-some-selected-building-materials-i-and-household-commodities-a-tool-for-improving-the-standard-of-living-of-abians-a-case-study-of-timber-industrial-market-and-main-market-umuahia-ohabughiro-joshua-o-7-2. Accessed 03 Apr. 2025.
--. "Price Index Determination Of Some Selected Building Materials I And Household Commodities: A Tool For Improving The Standard Of Living Of Abians (A Case Study Of Timber Industrial Market And Main Market, Umuahia):- Ohabughiro Joshua O". Mouau.afribary.org, Mouau.afribary.org, 10 Mar. 2025. Web. 03 Apr. 2025. < https://repository.mouau.edu.ng/work/view/price-index-determination-of-some-selected-building-materials-i-and-household-commodities-a-tool-for-improving-the-standard-of-living-of-abians-a-case-study-of-timber-industrial-market-and-main-market-umuahia-ohabughiro-joshua-o-7-2 >.
--. "Price Index Determination Of Some Selected Building Materials I And Household Commodities: A Tool For Improving The Standard Of Living Of Abians (A Case Study Of Timber Industrial Market And Main Market, Umuahia):- Ohabughiro Joshua O" Mouau.afribary.org (2025). Accessed 03 Apr. 2025. https://repository.mouau.edu.ng/work/view/price-index-determination-of-some-selected-building-materials-i-and-household-commodities-a-tool-for-improving-the-standard-of-living-of-abians-a-case-study-of-timber-industrial-market-and-main-market-umuahia-ohabughiro-joshua-o-7-2