SPC launches goods and services data comparison manual

Noumea

The Pacific Community (SPC) has just published the Pacific Classification of Individual Consumption According to Purpose 2020 (PACCOICOP 2020), a regional classification of goods and services purchased by individuals and households in Pacific Island Countries and Territories (PICTs).

PACCOICOP 2020 has many uses, of which the major ones are:

  • Constructing/reweighting the Consumer Price Index (CPI);
  • Further processing the data to derive the final consumption expenditure;
  • Conducting poverty studies. 

PACCOICOP is tailor-made for the Pacific and is expected to benefit users of economic as well as social statistics.

You can download the manual here:

Pacific Classification of Individual Consumption According to Purpose 2020

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