Calculate period-over-period price relatives — price_relative • piar

Construct period-over-period price relatives from information on prices and products over time.

Usage

price_relative(x, period, product)

Arguments

x: A numeric vector of prices.
period: A factor, or something that can be coerced into one, that gives the corresponding time period for each element in x. The ordering of time periods follows the levels of period to agree with cut().
product: A factor, or something that can be coerced into one, that gives the corresponding product identifier for each element in x.

Value

A numeric vector of price relatives, with product as names.

See also

gpindex::back_period() to get only the back price.

gpindex::base_period() for making fixed-base price relatives.

carry_forward() and shadow_price() to impute missing prices.

gpindex::outliers for methods to identify outliers with price relatives.

Examples

price_relative(1:6, rep(1:2, each = 3), rep(letters[1:3], 2))
#>   a   b   c   a   b   c 
#> 1.0 1.0 1.0 4.0 2.5 2.0