Consumer Price Index
Source details
- Canonical URL
- Consumer Price Index
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Bibliographic details
- Session: SA 25.04
- Location: New Delhi, India
- Dates: January 13-17, 2025 (1 week)
- Delivery method: In-person Training
- Primary language: English
- Status: Deadline passed
Training Program Overview
- Session No.: SA 25.04
- Location: New Delhi, India
- Date: January 13-17, 2025 (1 week)
- Delivery Method: In-person Training
- Primary Language: English
- Target Audience: Compilers of consumer price indexes (CPIs).
- Qualifications: Participants are expected to have a degree in economics or statistics or equivalent experience.
Course Description and Scope
- Presented by: Statistics Department.
- Purpose: To broaden participants' understanding of the concepts and methods of compiling CPIs.
- Emphasis areas:
- Sources and methods for developing weights and sampling areas, items, outlets, and varieties.
- New and emerging data sources and new collection technologies.
- Frontier issues including how to better measure the digital economy.
- Linkages to the 2008 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;
- Quality adjustments;
- Chaining and linking indexes; and
- Meeting data users' needs to ensure relevancy.
Course Objectives (Learning Outcomes)
Upon completion of the course, participants should be able to:
- 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.