Unique ID: 201436

Division: Division Economy, Section Prices
Issue Date: February 13th 2019
Last modified: February 22nd 2019
Collaborative

Price collection with scanner data

Price collection with scanner data

Since July 2008 in addition to traditionally collected prices, the Swiss Federal Statistical Office (FSO) has also been using scanner data for the consumer price index calculation of the commodity groups food and near-food (products for personal care, washing and cleaning products as well as animal food). The FSO thus aims to achieve an improvement in the quality of data, savings on collection costs and a reduction in the administrative burden on retail chains. Scanner data not only contain extremely detailed information about prices and sales, they are also available after a very short period of time. Basically, completely new perspectives are opened up. However, as price collection using scanner data already represents a major challenge in itself, scanner data in the consumer price index should, for the time being, be used exclusively for improving the existing price collection system. This is why currently the same collection and index calculation methods are used as for the traditional collection in retail outlets. This concerns in particular the calculation and weighting of the indices, the number of items in the sample and the procedure for missing prices. Therefore for the time being scanner data is considered more as an alternative data source with improved quality than as a new collection method.

Project Objective:

For the production of statistics

Statistical Area

Price

Project Sources
Project Sources
Type Of Institution: National statistical office
Big Data Source: Scanner data
Region: Europe & Central Asia
Country Area: Switzerland
Id Country Regional: country
Other
Other
Income Level: High-income
Iso: CH
Timeframe To Produce Indicator: NA
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