- Difficult to determine what should constitute the ‘basket’ as commodities selected are those
consumed by average
consumers.
- Difficult to determine a typical family or household as average consumers are preferred.
- Determining prices as they differ from one location to another.
- Selection of base year as it is difficult to get a fairly stable one.
- Difficult to ensure that correct weights are allocated to every item.
- Lack of adequate and accurate data on prices and consumer’ expenditure.
- Changing tastes and preferences of consumer which change their expenditure patterns
gideon1 answered the question on September 30, 2017 at 11:12
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