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Consumer Prices Web Scraped Data

Descriptions

The Office for National Statistics (ONS) publishes measures of consumer price inflation and associated price statistics. Consumer price inflation is the rate at which the prices of goods and services bought by households rise and fall; it is estimated using consumer price indices. Consumer price indices are important indicators of how the UK economy is performing. The indices are used in many ways by the government, businesses, and society in general. They can affect interest rates, tax allowances, wages, state benefits, pensions, maintenance, contracts and many other payments. To give an accurate picture of price changes, our consumer price indices are compiled using a large and representative sample of over 700 goods and services, and their price movements are regularly measured in approximately 20,000 outlets within the UK. There are 3 distinct collection methods used in reaching the total of over 180,000 prices collected. The 3 methods are: 1. local collection - local price collectors visit 20,000 shops in around 150 locations to collect over 100,000 prices. This ensures that variations in price across the UK are captured. The price collectors visit the same shops each month to collect the prices of identical products to ensure they are collecting like for like. The shelf-price of an item is collected, and entered into a hand-held computer 2. central shops - for some larger chain stores, there is a central pricing policy which is used throughout their UK branches. These prices are collected centrally, and weighted according to the retailer's market share. 3. central collection - prices are collected centrally for goods and services where the price is the same for all UK residents or the regional variation can be collected centrally (for example via the internet, telephone or e-mail enquiries) As part of the future strategy for this collection ONS are investigating the feasibility and impact of collecting prices automatically from websites via web scrapers and including them in the consumer price statistics. This data would replace parts of the local and central collections. ONS have been carrying out research into the potential use of web scraped data in consumer price statistics since 2014. An update on this research was published in September 2017.[1] The objective of this project is therefore to obtain web-scraped data from UK retailers that are in a structured format for ONS' estimation of their consumer price indices. ONS is only interested in provision of a service to provide data, and not in purchasing software or a licence to use an established software as a service (SAAS) solution. If you would like to express and interest in this procurement, register on the ONS e-tendering portal https://in-tendhost.co.uk/ons and use the express an interest function against the project - Consumer prices web scraped data.

Timeline

Published Date :

13th Dec 2017 7 years ago

Deadline :

10th Jan 2018 7 years ago

Contract Start :

29th Jan 2018

Contract End :

28th Feb 2019

Tender Regions

Keywords

software package and information systems

application software

IT systems

enterprise software

packaged applications

digital solutions

data services

IT data solutions

digital information services

database solutions

information retrieval

structured data operations

electronic records management

data asset handling

info-tech data support

enterprise data workflows

data processing services

batch computing

automated data handling

IT operations processing

transaction processing

digital transformation workflows

data computation

real-time data execution

backend data processing

mass data management

data conversion

format migration

data reformatting

file structure adaptation

schema conversion

software interoperability conversion

database transformation

data restructuring

legacy format upgrades

media translation

data aggregation

information sourcing

large-scale collation

field data collection

compiled survey input

analytical data gathering

population study input

structured info compilation

centralized dataset creation

field survey support

data modeling

exploratory data analysis

KPI evaluation

performance benchmarking

statistical inference

correlation studies

multivariate analysis

data mining

segmentation analysis

regression forecasting

data supply services

data provisioning

data feed integration

API data supply

statistical data delivery

geospatial data supply

market data distribution

sensor data delivery

subscription data feeds

remote data sourcing

data governance

data lifecycle control

master data management

metadata handling

data stewardship

information management

dataset coordination

digital record administration

enterprise data policy

structured data supervision

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Workflows

Status :

Closed

Assign to :

Tender Progress :

0%

Details

Notice Type :

Open opportunity

Tender Identifier :

IT-378-246-T: 2024 - 001

TenderBase ID :

310724019

Low Value :

£100K

High Value :

£1000K

Region :

North Region

Attachments :

Buyer Information

Address :

Liverpool Merseyside , Merseyside , L13 0BQ

Website :

N/A

Procurement Contact

Name :

Tina Smith

Designation :

Chief Executive Officer

Phone :

0151 252 3243

Email :

tina.smith@shared-ed.ac.uk

Possible Competitors

1 Possible Competitors