## Virtual: High-Frequency Indicators of Economic Activity

## Source details

**Canonical URL:** [Virtual: High-Frequency Indicators of Economic Activity](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2021/ieace21-44v)

## Other formats

- [Markdown version](/en/capacity-development/training/icdtc/schedule/ce/2021/ieace21-44v/index.md)
- [Structured JSON version](/en/capacity-development/training/icdtc/schedule/ce/2021/ieace21-44v/index.json)
- [Bundle manifest](/en/capacity-development/training/icdtc/schedule/ce/2021/ieace21-44v/bundle-manifest.json)

## Bibliographic details
- Session: CE 21.44V
- Location: Kuwait City, Kuwait
- Dates: November 1-4, 2021 (1 week)
- Delivery method: Virtual Training
- Primary language: English
- Status: Deadline passed

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### Overview
- Session No.: CE 21.44 V
- Location: Kuwait City, Kuwait
- Date: November 1-4, 2021 (1 week)
- Delivery Method: Virtual Training
- Primary Language: English
- Status: Deadline passed
- Target Audience: Officials responsible for compiling short-term or monthly economic indicators in central banks and statistical offices.
- Qualifications: Participants should have a degree in economics or statistics or equivalent experience.
- Presented by: IMF's Statistics Department

### Course description and focus
- Discusses identification and assessment of indicators and techniques for combining indicators into a single overall index of economic activity to track trends in the economy.
- Covers construction of flash estimates or indexes of economic activity that bring together a range of specific economic indicators to give timely overall measures of economic trends.
- Clarifies the relation and consistency of high-frequency statistics with the system of national accounts, and how they complement annual and quarterly GDP estimates and partial monthly and quarterly indicators.
- Oriented toward actual or potential compilers of short-term indicators in central banks and statistical offices and those involved in data collection of monthly indicators.
- Participants are expected to prepare a list of available monthly and quarterly indicators for their country and assemble data for use in the workshop component to develop experimental estimates.

### Course objectives
- Explain the nature and potential uses of high-frequency statistics on economic activity and their relation to and consistency with the system of national accounts.
- Design a simple framework for compiling an index of economic activity, from collection of source data to application of simple statistical methods and index compilation techniques.
- Exploit useful short-term information contained in the IEA by applying analytical tools, deriving tables, and statistical procedures.

### Practical components and expected participant work
- Prepare and assemble a list of available monthly and quarterly indicators for their country.
- Use assembled indicators in workshop exercises to develop experimental estimates and flash indices of economic activity.
- Apply simple statistical methods and index compilation techniques to combine indicators into a single overall index.

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## References

- [Virtual Training](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods)
- [Core Elements of Banking Supervision (CBS)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/at/2027/cbsat27-10)
- [Advanced Government Finance Statistics (GFS-A)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2026/gfs-ace26-45)
- [Fiscal Sustainability (FS)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2026/fsce26-38)
- [Safeguards Assessments of Central Banks (SAC)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/at/2026/sacat26-30)
- [Macroeconomic Management in Resource Rich Countries (MRC)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2026/mrcce26-44)

_Source: https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2021/ieace21-44v_