## Producer, Export, and Import Price Index (PPIx)

## Source details

**Canonical URL:** [Producer, Export, and Import Price Index (PPIx)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ol/2024/ppixol24-235)

## Other formats

- [Markdown version](/en/capacity-development/training/icdtc/schedule/ol/2024/ppixol24-235/index.md)
- [Structured JSON version](/en/capacity-development/training/icdtc/schedule/ol/2024/ppixol24-235/index.json)
- [Bundle manifest](/en/capacity-development/training/icdtc/schedule/ol/2024/ppixol24-235/bundle-manifest.json)

## Bibliographic details
- Session: OL 24.235
- Location: Course conducted online
- Dates: September 1, 2024 - April 15, 2025 (32 weeks)
- Delivery method: Online Training
- Primary language: English
- Status: Deadline passed

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### Target audience and qualifications
- Target audience: Compilers of producer price indexes (PPIs) and export and import price indexes (XMPIs), and users of these data interested in understanding key concepts and compilation issues.
- Qualifications: Knowledge of economics and statistics or equivalent experience is helpful.
- Technical requirements: Access to a computer with a reliable Internet connection and a Google Chrome web browser are essential.

### Course description
- The producer price index (PPI) and the export and import price index (XMPI) complement the consumer price index (CPI) to present a more complete picture of how inflation affects major parts of an economy, including businesses and institutions, in addition to households.
- Uses of these indexes highlighted:
  - Deflating production and expenditure values in the national accounts.
  - Adjusting prices in long-term contracts.
  - Analyzing short-term inflation trends.
  - Performing terms of trade analysis.
- Focus of the PPIx course:
  - Fundamentals of how PPIs and XMPIs are compiled and used.
  - Types of transactions and prices included in these indexes.
  - How prices are weighted together to create total index values reported in the news.

### Course objectives
- Explain the main uses of producer, export, and import price indexes.
- Apply specific principles to develop and update price index weights.
- Apply methods to select samples of statistical units.
- Calculate price indexes based on collected prices and weights.
- Identify suitable data sources to support the compilation of reliable export and import price indexes.

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## References

- [Online 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/ol/2024/ppixol24-235_