## Consumer Price Index (CPIx)

## Source details

**Canonical URL:** [Consumer Price Index (CPIx)](https://www.imf.org/en/capacity-development/training/icdtc/courses/cpix)

## Other formats

- [Markdown version](/en/capacity-development/training/icdtc/courses/cpix/index.md)
- [Structured JSON version](/en/capacity-development/training/icdtc/courses/cpix/index.json)
- [Bundle manifest](/en/capacity-development/training/icdtc/courses/cpix/bundle-manifest.json)

## Bibliographic details
- Published: July 30, 2025

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## Upcoming offerings

| Start date | End date | Location | Delivery Method | Session No. | Primary & (Interpretation) language | Apply |
| --- | --- | --- | --- | --- | --- | --- |
| May 1, 2026 | April 15, 2027 | Course conducted online | [[[Online Training](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods)](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods)](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods) | [OL 26.111](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ol/2026/cpixol26-111) | English | [[[Apply online](https://www-ins.imf.org/TAS/signon.aspx?pkey=OL26.121F)](https://www-ins.imf.org/TAS/signon.aspx?pkey=OL26.116S)](https://www-ins.imf.org/TAS/signon.aspx?pkey=OL26.111E) by April 1, 2027 |
| May 1, 2026 | April 15, 2027 | Course conducted online | [[[Online Training](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods)](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods)](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods) | [OL 26.116](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ol/2026/cpixol26-116) | Spanish | [[[Apply online](https://www-ins.imf.org/TAS/signon.aspx?pkey=OL26.121F)](https://www-ins.imf.org/TAS/signon.aspx?pkey=OL26.116S)](https://www-ins.imf.org/TAS/signon.aspx?pkey=OL26.111E) by April 1, 2027 |
| May 1, 2026 | April 15, 2027 | Course conducted online | [[[Online Training](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods)](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods)](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods) | [OL 26.121](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ol/2026/cpixol26-121) | French | [[[Apply online](https://www-ins.imf.org/TAS/signon.aspx?pkey=OL26.121F)](https://www-ins.imf.org/TAS/signon.aspx?pkey=OL26.116S)](https://www-ins.imf.org/TAS/signon.aspx?pkey=OL26.111E) by April 1, 2027 |

### Course overview
- The course provides an overview of key CPI concepts, methods and uses.
- It follows the principles and recommendations of the CPI Manual (2020).
- Linkages to the 2025 SNA are highlighted, including the related principles of scope, coverage, and valuation.
- Topic: Macroeconomic Statistics

### Topics covered
- Defining key CPI concepts, uses, and their impact on the CPI design.
- Meeting data users' needs to ensure relevancy.
- Calculating elementary and upper-level indexes.
- Methods for sampling areas, items, outlets, and varieties.
- Methods for handling temporarily and permanently missing prices, including adjusting prices for quality changes.
- Chaining and linking indexes with updated weighting structures.
- Different index number formulas and the practical implications of choosing the index number formula at lower and higher levels of aggregation.
- Sources and methods for sampling areas, items, outlets, and varieties; treatment of temporarily and permanently missing prices; and updating and linking CPI data series.

### Target audience and qualifications
- Target audience: Compilers of consumer price indexes (CPIs) and users of CPI data interested in understanding key concepts and compilation issues.
- Qualifications: Some knowledge of economics and statistics or equivalent experience in CPI is helpful.

### Course objectives
Upon completion of the course, participants should be able to:
- Identify key uses of CPI data and explain key CPI concepts and definitions.
- Identify and explain differences between index calculation formulas.
- Define and explain the different levels 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.
- Update CPI weights and link old and new indexes to form continuous time series of data.

---


## References

- [Online Training](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods)
- [OL 26.111](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ol/2026/cpixol26-111)
- [OL 26.116](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ol/2026/cpixol26-116)
- [OL 26.121](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ol/2026/cpixol26-121)
- [Vulnerability Diagnostics (VDS)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/jv/2026/vdsjv26-38)
- [Macro-relevant Environment and Climate Change Statistics (CCS)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/hq/2027/ccshq27-01)
- [Investor Relations and Sovereign Bond Issuance (LCBM)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/sa/2026/lcbmsa26-44)
- [Fintech Market Development and Policy Implications (FINTECH)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/st/2026/fintechst26-23)
- [Advanced Government Finance Statistics (GFS-A)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2026/gfs-ace26-45)
- [Apply online](https://www-ins.imf.org/TAS/signon.aspx?pkey=OL26.111E)
- [Apply online](https://www-ins.imf.org/TAS/signon.aspx?pkey=OL26.116S)
- [Apply online](https://www-ins.imf.org/TAS/signon.aspx?pkey=OL26.121F)

_Source: https://www.imf.org/en/capacity-development/training/icdtc/courses/cpix_