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: