Training Catalog Session Details

Upon completion of the course, participants should be able to: Identify key uses of CPI data and explain key consumer price index concepts and definitions and how these are applied in practice. Identify and explain the different index calculation formulas. Define and explain the importance of sampling in a CPI and how sampling methods are applied in practice. Identify and explain the different methods for the treatment of missing prices and describe how these are applied in practice. Show how to update CPI weights and link old and new indexes to form a continuous time series of data.