2002-05-08

Owner-occupied housing in the consumer price index

An examination of the CPI Investigation Committee's proposal

In November 1999, the Committee set up to review the consumer price index (the CPI Committee), presented its report –Konsumentprisindex (The Consumer Price Index) SOU 1999:124 (in Swedish with English summary).

The proposal which has attracted the greatest attention, and which has also received the most criticism, is the proposal involving the treatment of owner-occupied housing.

In April 2001, the government commissioned the Swedish National Institute of Economic Research to analyse the consequences of the proposed calculation of the owner-occupied housing item, and to suggest possibly changes to this proposal.

The time allocated for this assignment was quite limited, and the result of the assignment reproduced in this report was presented in July 2001.