Title :
A novel DGM (1, 1) model for consumer price index forecasting
Author :
Dong Zhen ; Sun Feng
Author_Institution :
Coll. of RongZhi, Chongqing Technol. & Bus. Univ., Chongqing, China
Abstract :
The percent change in the consumer price index (CPI) is one of the commonly used measures for estimating inflation and one of the most closely watched national economic statistics. A novel DGM (1, 1) model is proposed in this paper for the CPI´s prediction. A case study is used to demonstrate the procedure of the proposed method.
Keywords :
forecasting theory; grey systems; pricing; DGM (1,1) model; consumer price index forecasting; national economic statistics; Forecasting; Silicon; Sun; Uncertainty; DGM (1, 1); Forecasting; consumer price index;
Conference_Titel :
Grey Systems and Intelligent Services (GSIS), 2011 IEEE International Conference on
Conference_Location :
Nanjing
Print_ISBN :
978-1-61284-490-9
DOI :
10.1109/GSIS.2011.6044084
