## Virtual : Consumer Price Index-Advanced (CPI-A)

## Source details

**Canonical URL:** [Virtual : Consumer Price Index-Advanced (CPI-A)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2022/cpi-ace22-07v)

## Other formats

- [Markdown version](/en/capacity-development/training/icdtc/schedule/ce/2022/cpi-ace22-07v/index.md)
- [Structured JSON version](/en/capacity-development/training/icdtc/schedule/ce/2022/cpi-ace22-07v/index.json)
- [Bundle manifest](/en/capacity-development/training/icdtc/schedule/ce/2022/cpi-ace22-07v/bundle-manifest.json)

## Bibliographic details
- Session: CE 22.07V
- Location: Kuwait City, Kuwait
- Dates: January 24-27, 2022 (1 week)
- Delivery method: Virtual Training
- Primary language: English
- Interpretation language: Arabic
- Status: Deadline passed

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### Training program and target audience
- Training Program: Presented by the Statistics Department.
- 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
- Purpose: Broaden participants’ understanding of the concepts and methods of compiling CPIs.
- Emphases:
  - Overview of index number theory and its practical implications for choosing the index number formula at lower and higher levels of aggregation.
  - Sources and methods for developing weights and sampling areas, items, outlets, and varieties.
  - Discussion of 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 related principles of scope, coverage, and valuation.
- Methodological alignment: The course follows the principles and recommendations of the CPI Manual (2020).

### Course topics covered
- calculating elementary and upper-level indexes;
- methods for handling temporarily and permanently missing prices;
- introducing new outlets, items, and varieties;
- adjusting prices for quality changes;
- chaining and linking indexes with updated weighting structures; and
- meeting data users’ needs to ensure relevancy.

### Course objectives
Upon completion of this course, participants should be able to:
- Apply recommended index calculation methods.
- Apply methods for dealing with such 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.

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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/2022/cpi-ace22-07v_