Consumer Price Index-Advanced

Source details

Title: Consumer Price Index-Advanced (CPI-A).
Session No.: JV 27.01.
Location: Vienna, Austria.
Date: January 11-22, 2027 (2 weeks).
Delivery Method: In-person Training.
Primary Language: English.
Interpretation Language: Russian.
Target Audience: Compilers of consumer price indexes (CPIs).
Qualifications: Participants are expected to have a degree in economics or statistics; or equivalent experience.
Framework: The course follows the principles and recommendations of the CPI Manual (2020).

Index number theory and the practical implications of choosing the index number formula at lower and higher levels of aggregation.
Sources and methods for developing/validating weights.
Practical applications of methods used for sampling:
- sampling areas,
- sampling items,
- sampling outlets,
- sampling varieties.
New and emerging data sources and new collection technologies.
Frontier issues, including methods to better measure the digital economy.
Linkages to the 2025 SNA, including related principles of scope, coverage, and valuation.
Specific 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.