Consumer Price Index-Advanced

Source details

Target Audience: Compilers of consumer price indexes (CPIs).
Qualifications: Participants are expected to have a degree in economics or statistics; or equivalent experience.
Session No.: CT 26.17
Location: Shenzhen, China
Date: September 14-24, 2026 (2 weeks)
Delivery Method: In-person Training
Primary Language: English
Status: Deadline passed

Purpose: Broaden participants' understanding of the concepts, methods, and challenges of compiling CPIs.
Theoretical foundations: Overview of index number theory and practical implications of choosing the index number formula at lower and higher levels of aggregation.
Weights: Sources and methods for developing/validating weights.
Sampling and scope: Practical applications of methods used for sampling areas, items, outlets, and varieties.
Data sources and technology: Discussion of new and emerging data sources as well as new collection technologies.
Frontier issues: Coverage of how to better measure the digital economy.
National accounts linkages: Linkages to the 2025 SNA, including the related principles of scope, coverage, and valuation.
Alignment with international guidance: The course follows the principles and recommendations of the CPI Manual (2020).
Specific technical 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;
- meeting data users' needs to ensure relevancy.

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.