Arbeitspapier
El día de la semana con precios bajos: Evidencia sobre la estacionalidad diaria de los precios de alimentos, bebidas y tabaco
In this document we analyze the evidence of daily seasonality found in the weekly price variations of food, beverages, and tobacco in the Metropolitan Area of Mexico City. Our research is based on the daily price quotes of 2,724 goods, collected by Banco de México for the Consumer Price Index (CPI), in 434 commercial establishments between March 2009 and June 2010. We identify the weekday with the lowest weekly variation in prices, and find that it differs across products, types of commercial establishment, and supermarket chains. Moreover, we find that such a day of the week effect increases the volatility of the weekly variations of price quotes. These results establish the day of the week among the distinct characteristics of a price, a fact that must be taken into account while preparing calendars for CPI data collection.
- Language
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Spanisch
- Bibliographic citation
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Series: Working Papers ; No. 2012-09
- Classification
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Wirtschaft
Industrial Organization and Macroeconomics: Industrial Structure and Structural Change; Industrial Price Indices
Retail and Wholesale Trade; e-Commerce
- Subject
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daily prices
retail sales
seasonal price patterns
dynamic pricing policies
CPI methodologies
Einzelhandel
Einzelhandelspreispolitik
Verbraucherpreisindex
Saisonschwankung
Mexiko-Stadt
- Event
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Geistige Schöpfung
- (who)
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Delajara, Marcelo
Murillo, José Antonio
- Event
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Veröffentlichung
- (who)
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Banco de México
- (where)
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Ciudad de México
- (when)
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2012
- Handle
- Last update
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10.03.2025, 11:43 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Delajara, Marcelo
- Murillo, José Antonio
- Banco de México
Time of origin
- 2012