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

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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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APA

-- (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

MLA 8th

--. "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.

MLA7

--. "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 >.

Chicago

--. "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

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