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The daily price index is a measure of the inflation of a specific country and it is created by the Billion Prices Project.
The Billion Prices Project is an academic initiative that gathers prices from several online retailers on a daily basis and then uses this data to perform economic research and to calculate the daily price indexes. Prices from online retailers cover several types of products. The data used in the daily price indexes calculation is obtained from about 300 online retailers in 70 different countries and it covers about 5 million items. The daily online index is an average of the item prices (for a specific country).
The daily price index is computed for the following countries: Argentina, Australia, Brazil, Chile, Colombia, France, Italy, Russia, Turkey, USA, and Venezuela. The index purpose is to provide real-time information on inflation trends. It was not designed to predict official inflation numbers.
The historical EOD data is available for a period that starts on January 2008 (for the United States). You can specify the countries for which you want to download the daily online price index data in the "Country" tab. After you open the downloader, select "Country" tab, then type one country per line. You can get data for the eleven countries that were listed above.
Trading financial instruments, including foreign exchange on margin, carries a high level of risk and is not suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in financial instruments or foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading and seek advice from an independent financial advisor if you have any doubts.