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Table 2 The average prices and Drug Price Index of frequently-used LCMs by quarter, in Shandong Province, China

From: The effects of pricing policy on the prices and supply of low-cost medicines in Shandong, China: evidence from an interrupted time series analysis

 

2014 Q2

2014 Q3

2014 Q4

2015 Q1

2015 Q2

2015 Q3

2015 Q4

2016 Q1

2016 Q2

2016 Q3

2016 Q4

2017 Q1

IL

 

1.004

1.008

1.012

1.009

1.017

1.100

1.288

1.284

1.280

1.328

1.372

IP

 

1.001

1.007

1.006

1.007

1.011

1.067

1.229

1.224

1.231

1.283

1.314

IM

 

1.002

1.008

1.009

1.008

1.014

1.082

1.255

1.250

1.251

1.300

1.341

IM (QOQ)

 

1.002

1.006

0.997

1.002

1.004

1.055

1.130

0.999

1.003

1.027

1.031

P-all

13.42

13.21

13.07

12.89

13.25

13.08

14.90

17.59

17.74

17.52

17.83

17.25

P-c

13.26

13.06

12.82

12.56

13.01

12.73

14.46

16.33

16.34

15.95

16.21

15.58

P-t

13.89

13.68

13.92

13.98

14.07

14.36

16.44

21.81

22.55

22.87

23.27

23.28

  1. The price is in form of RMB
  2. IL Laspeyres Price Index; IP Passche Price Index; IM Marshall-Edgeworth Price Index; IM (QOQ): quarter-on-quarter Marshall-Edgeworth Price Index; P-all: average price of all LCMs; P-C: average price of chemical LCMs; P-t: average price of traditional Chinese LCMs