Use of cash register data

• Main Authors: Rósmundur Guðnason, Hallgrímur Snorrason
• Other Authors: The Pennsylvania State University CiteSeerX Archives
• Format: Text
• Language: English
• Subjects: Iceland
• Online Access: http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.532.3700

Taking advantage of the huge amount of available electronic data is becoming an increasingly important task in the field of official statistics, especially in CPI work. The use of data coming from the bar code cash receipts collected in the 1995 Icelandic Household Budgets Surveys (HBS) has rendered more accurate estimates of private household consumption than previous traditional surveys and given better information about types and brands of goods purchased and on outlets. This utilisation will probably lead to new developments in weighting procedures as well as facilitating the use of scanner data collected directly from outlets. Statistics Iceland will in future yearly HBS´s put a great deal of effort to collect more and better information from these receipts for obtaining more reliable and up to date household budget statistics, not least for rebasing the CPI. 2. Cash register data from HBS´s Through Household Budgets Surveys (HBS´s), individual consumption can be recorded at the point of sale by using bar code cash receipts. This opens up a whole range of new possibilities for collecting more exact information from such surveys. The use of bar code cash receipts was tried in the 1995 Icelandic HBS (Guðnason, 1997). The