Training Program

This course is designed for compilers and users of the consumer price index (CPI) who can benefit from a better understanding of the recommended methods for the compilation and dissemination of reliable inflation data.

Participants are expected to have some familiarity with basic statistics. Basic Microsoft Excel skills and access to a computer with a reliable Internet connection and a Google Chrome web browser are essential.

The consumer price index (CPI) is one of the most important macroeconomic indicators produced by a country. CPI data are essential inputs for policymakers who require reliable measures of price change to make sound policy decisions. In addition, wages, salaries, government payments, pensions, rent, and other payments are indexed to the CPI and require accurate estimates of inflation. Learn the key concepts and compilation methods required to compile reliable CPI data using the best available methods.