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Change in the Price Indexes Used for Calculation of the Real Effective Exchange Rate

November 4, 2009
Bank of Japan
Research and Statistics Department

The base years of the price indexes used for calculating the real effective exchange rate have been changed (See <Table 1>). The figures of real effective exchange rate have been retroactively revised.

<Table 1>
Price Index Base Year
Hong Kong : PPI (Quarterly data) 2000 → 2008
Indonesia: WPI (General Index excl. Imports & Exports) 2000 → 2005

Research and Statistics Department

E-mail: post.rsd5@boj.or.jp