Producer, Export, and Import Price Index

Source details

Target audience: Anyone interested in learning how to compile and disseminate producer price indexes (PPIs).
Qualifications: Participants are expected to have a degree in economics or statistics; or equivalent experience.

Purpose: Provide a broad understanding of the concepts and methods required to compile PPIs.
Core coverage:
- Establishing index weights.
- Sampling establishments.
- Selecting and specifying transactions to be priced.
- Calculating indexes.
- Disseminating results.
Analytical focus:
- The role of price indexes as deflators in the 2025 SNA and related principles of scope, coverage, and valuation.
- Issues related to expanding coverage of the services sectors.
- Overview of pricing methods for information and communication technology, transportation, distributive trade, and tourism services.
Methodological emphasis:
- Calculating elementary aggregate indexes with and without item weights.
- Methods for handling temporarily and permanently missing items.
- Chaining and linking indexes with updated weighting structures.
- Expanding coverage of the services sectors.
Standards: The course follows the principles and recommended practices in the PPI (2004) manual.

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

Apply specific principles to develop and update index weights.
Calculate price indexes based on collected prices and weights.
Apply methods for dealing with index compilation challenges such as unavailable items, quality change, and item substitution.
Define and identify the pricing methods to be used for services activities.

IMF offers online training to government officials and the public; participants are invited to learn more about current offerings.