Whereas it is feasible to construct an economy wide consumer price index on the lines of the harmonized consumer price index (HICP) adopted in the UK and the Euro Area, it is not clear how useful it would be as an indicator of the general price level, given the widely differing consumption baskets as between rich and poor, between rural and urban areas and even between regions in India.
3/4  BIS - Central bankers' speeches  Rest assured that the Bank will spare no effort in ensuring that its licensees continue to adhere to the best AML/CFT practices with a view to enhancing trust and confidence in Mauritius as a premier International Financial Centre, in line with our Future of Banking Strategy.