## Virtual : Price Statistics

## Source details

**Canonical URL:** [Virtual : Price Statistics](https://www.imf.org/en/capacity-development/training/icdtc/schedule/jv/2021/prsjv21-31v)

## Other formats

- [Markdown version](/en/capacity-development/training/icdtc/schedule/jv/2021/prsjv21-31v/index.md)
- [Structured JSON version](/en/capacity-development/training/icdtc/schedule/jv/2021/prsjv21-31v/index.json)
- [Bundle manifest](/en/capacity-development/training/icdtc/schedule/jv/2021/prsjv21-31v/bundle-manifest.json)

## Bibliographic details
- Session: JV 21.31V
- Location: Vienna, Austria
- Dates: August 2-13, 2021 (2 weeks)
- Delivery method: Virtual Training
- Primary language: English
- Interpretation language: Russian
- Status: Deadline passed

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### Training Program — Target Audience and Qualifications
- Target audience: Compilers of consumer price indexes (CPIs), producer price indexes (PPIs), or export-import price indexes (XMPIs).
- Qualifications: Participants are expected to have a degree in economics or statistics or equivalent experience.

### Course Description
- Purpose: Broaden participants’ understanding of the concepts and methods of compiling CPIs, PPIs, and XMPIs.
- Scope:
  - Overview of index number theory and practical implications for choosing the index number formula at lower and higher levels of aggregation.
  - Methods for sampling and collecting data from outlets and establishments.
  - Discussion of new and emerging data sources and new collection technologies.
  - Frontier issues including how to better measure the digital economy.
  - Analysis of the role of price indexes as deflators in the 2008 SNA and related principles of scope, coverage, and valuation.
- Specific sessions include:
  - Methods for handling temporarily and permanently missing items;
  - Adjusting prices for quality changes, including new products, establishments, and outlets;
  - Chaining and linking indexes with updated weighting structures; and
  - Meeting data users’ needs to ensure relevancy.
- Reference practices: The course follows the principles and recommended practices in the CPI (2004), PPI (2004), and XMPI (2009) manuals.

### Course Objectives
Upon completion of the course, participants should be able to:
- Apply the principles of price index theory.
- Assess how well a price index meets international guidelines for best practice.
- Apply methods for dealing with index compilation challenges such as unavailable items, quality change, and keeping an index up to date.

---


## 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)

_Source: https://www.imf.org/en/capacity-development/training/icdtc/schedule/jv/2021/prsjv21-31v_