The History of Inflation Measurement

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Wednesday 13 June 2018, 04:00pm

Location Room 115, Health Science Building, Forresterhill, University of Aberdeen

Speaker: Jeff Ralph, Royal Statistical Society William Guy Schools’ Lecturer and a visiting academic at the University of Southampton

Consumer price inflation figures from the Office for National Statistics are among the most influential of all Official Statistics. They are used for a wide variety of important purposes from indicating the health of the economy to the adjustment of pensions and benefits. Behind the numbers sits a sophisticated methodology with a long history of development. 

This talk describes the development of consumer price inflation measures from their origins at the start of the 18th Century to the current day. It identifies some of the visionary individuals who contributed to establishing the foundations, the dates when important changes were made and the social and political factors that drove the developments.  
About Jeff ... - Dr Jeff Ralph worked for the Office for National Statistics for 14 years focussing mainly on price statistics. He is the current Royal Statistical Society William Guy Schools’ Lecturer and a visiting academic at the University of Southampton. Jeff was a member of the Technical Advisory Panel for Consumer Prices for two years and he is joint author of two books - A Practical Introduction to Index Numbers, published by Wiley in 2015 and Inflation: History and Measurement, published by Palgrave Macmillan in 2017.

Organiser Name David Mclernon

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Organising Group(s) RSS Highlands Local Group





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