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New dev blog: Price indices - September 2011

First post
Princess Bride
#21 - 2011-10-27 16:50:25 UTC  |  Edited by: Princess Bride

Louis deGuerre
The Dark Tribe
#22 - 2011-10-28 14:39:09 UTC
Louis deGuerre wrote:
I love this stuff but I'm not an economist.

What does it mean if a price index > 100 or < 100 ?

That the current price of X number of goods is that percentage of base period Y ? What is this base period ? Okay, I the base period for each estimate is the previous month apparently...

So if > 100 then inflation and if < 100 then deflation ? <100 is deflation as current prices are lower than previous prices, i.e. isk is worth more, and > 100 is inflation as prices are higher. Amiright ?

So....prices are 'relatively rising' ?

No wait I'm wrong...they are relatively decreasing, we are experiencing deflation and prices are dropping.
So this is good, more pewpew for my isk Bear
De Re Metallica
#23 - 2011-10-29 02:56:54 UTC
I look forward to next month having a discussion about the bubble in PLEX and that CCP took direct action to cool it off!
Venkul Mul
#24 - 2011-10-29 07:28:58 UTC
Out of curiosity, someone know what is the current price of the Salvage drones skillbook?
Amseln deBrabant
#25 - 2011-11-14 01:15:34 UTC
CCP Dr.EyjoG wrote:
Solo Player wrote:
Where did the good Doctor go? Laid off?

The good Doctor is ".. alive and kicking .... " - How can I help you?

write a QEN 4/2011 please
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