Consumer Price Index-Advanced
Source details
- Canonical URL
- Consumer Price Index-Advanced
Other formats
Bibliographic details
- Published: July 30, 2025
Upcoming offerings
| Start date | End date | Location | Delivery Method | Session No. | Primary & (Interpretation) language | Apply |
|---|---|---|---|---|---|---|
| October 5, 2026 | October 16, 2026 | Abu Dhabi, United Arab Emirates | [In-person Training](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods) | CE 26.33 | English (Arabic) | Deadline passed |
| January 11, 2027 | January 22, 2027 | Vienna, Austria | [In-person Training](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods) | JV 27.01 | English (Russian) | [Apply online](https://www-ins.imf.org/TAS/signon.aspx?pkey=JV27.01E) by October 18, 2026 |
| March 8, 2027 | March 12, 2027 | Washington, D.C., United States | Blended Training | HQ 27.04 | English | [Apply online](https://www-ins.imf.org/TAS/signon.aspx?pkey=JV27.01E) by October 30, 2026 |
Overview
- The course is intended to broaden participants' understanding of the concepts, methods, and challenges of compiling CPIs.
- Provides an overview of index number theory and practical implications of choosing the index number formula at lower and higher levels of aggregation.
- Covers sources and methods for developing/validating weights; practical applications of methods used for sampling areas, items, outlets, and varieties.
- Discusses new and emerging data sources and new collection technologies.
- Addresses frontier issues including how to better measure the digital economy.
- Highlights linkages to the 2025 SNA, including the related principles of scope, coverage, and valuation.
- The course follows the principles and recommendations of the CPI Manual (2020).
Topics Covered
- calculating elementary and upper-level indexes;
- methods for handling temporarily and permanently missing prices;
- introducing new outlets, items, and varieties;
- adjusting prices for quality changes;
- chaining and linking indexes with updated weighting structures; and
- meeting data users' needs to ensure relevancy.
Target Audience and Qualifications
- Target Audience: Compilers of consumer price indexes (CPIs).
- Qualifications: Participants are expected to have a degree in economics or statistics; or equivalent experience.
Course Objectives
- Apply recommended index calculation methods.
- Apply methods for dealing with index compilation challenges such as unavailable items, quality change, and keeping an index up to date.
- Assess how well a CPI meets international guidelines for best practice.