Consumer Price Index

Training Program

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Consumer Price Index (CPIx)

Apply online by April 1, 2027

Session No.: OL 26.121

Location: Course conducted online

Date: May 1, 2026 - April 15, 2027 (50 weeks)

Delivery Method: Online Training

Primary Language: French

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Target Audience

Compilers of consumer price indexes (CPIs) and users of CPI data interested in understanding key concepts and compilation issues.

Qualifications

Some knowledge of economics and statistics or equivalent experience in CPI is helpful.

Course Description

This course provides an overview of key CPI concepts, methods and uses. It covers different index number formulas and the practical implications of choosing the index number formula at lower and higher levels of aggregation. The course also discusses the sources and methods for sampling areas, items, outlets, and varieties; treatment of temporarily and permanently missing prices; and updating and linking CPI data series. Linkages to the 2025 SNA are highlighted, including the related principles of scope, coverage, and valuation.

The course covers the following topics:

defining key CPI concepts, uses, and their impact on the CPI design;
meeting data users' needs to ensure relevancy;
calculating elementary and upper-level indexes; methods for sampling areas, items, outlets, and varieties;
methods for handling temporarily and permanently missing prices, including adjusting prices for quality changes;
and chaining and linking indexes with updated weighting structures.

The course follows the principles and recommendations of the CPI Manual (2020).

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Course Objectives

Upon completion of the course, participants should be able to:

Identify key uses of CPI data and explain key CPI concepts and definitions.
Identify and explain differences between index calculation formulas.
Define and explain the different levels of sampling in a CPI and how sampling methods are applied in practice.
Identify and explain the different methods for the treatment of missing prices and describe how these are applied in practice.
Update CPI weights and link old and new indexes to form continuous time series of data.

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Training Program

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Consumer Price Index (CPIx)

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Target Audience

Qualifications

Course Description

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Course Objectives

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IMF’s Work

RESOURCES

TOPICS

Flagship Publications

Other Publications

IMF reports and publications by country

Regional Offices

ABOUT

TRAINING

PUBLICATIONS

All News

See Also

For Journalists

Press Center

RESOURCES

FLAGSHIPS

KEY SERIES

IMF NOTES

Consumer Price Index (CPIx)

Course Description

Course Objectives

Apply Now - Application deadline approaching:

Browse by course locations