Connect with IMF Institute
Macroeconomic Statistics

Virtual : Consumer Price Index-Advanced (CPI-A)

Apply online by December 22, 2021 Deadline extended

Session No.: CE 22.07V

Location: Kuwait City, Kuwait

Date: January 24-27, 2022 (1 week)

Primary Language: English

Interpretation Language: Arabic

Apply Now

    Target Audience

    Compilers of consumer price indexes (CPIs).

    Back to top

    Qualifications

    Participants are expected to have a degree in economics or statistics; or equivalent experience.

    Back to top

    Course Description

    This course, presented by the Statistics Department, is intended to broaden participants’ understanding of the concepts and methods of compiling CPIs. It provides an overview of the index number theory and its practical implications in terms of choosing the index number formula at lower and higher levels of aggregation. The course covers the sources and methods for developing weights and sampling areas, items, outlets, and varieties. New and emerging data sources as well as new collection technologies are discussed. Frontier issues including how to better measure the digital economy are included. Linkages to the 2008 SNA are highlighted, including the related principles of scope, coverage, and valuation. 

    The course covers the following topics:

    • 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.

    The course follows the principles and recommendations of the CPI Manual (2020).

    Back to top

    Course Objectives

    Upon completion of this course, participants should be able to: 

    • Apply recommended index calculation methods.
    • Apply methods for dealing with such 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.
    Back to top

    Apply Now - Application deadline approaching:

    IMF offers online training to government officials and public. Click Learn more to find our current offerings.

    Virtual: Formulating and Implementing a Medium-Term Debt Management Strategy (MTDS)

    English (Arabic), January 10-13, 2022, Kuwait City, Kuwait

    Apply online by December 5, 2021

    Gender Budgeting (GB)

    English (Russian), March 1-4, 2022, Vienna, Austria

    Apply online by December 8, 2021

    Virtual : Macroeconomic Diagnostics (MDS)

    English (French, Portuguese), January 17-28, 2022, Ebene, Mauritius

    Apply online by December 8, 2021

    Virtual: Financial Programming and Policies (FPP)

    Arabic, January 10-20, 2022, Kuwait City, Kuwait

    Apply online by December 9, 2021