Producer, Export, and Import Price Index (PPIx)

Source details

Target Audience: This introductory course is designed for 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 participants a broad understanding of the concepts and methods required to compiling PPIs.
Coverage includes:
- Establishing index weights.
- Sampling establishments.
- Selecting and specifying transactions to be priced.
- Calculating indexes.
- Disseminating the results.
Analytical emphasis:
- The role of price indexes as deflators in the 2025 SNA.
- Principles of scope, coverage, and valuation.
- Issues related to expanding coverage of the services sectors, with emphasis on pricing methods for information and communication technology, transportation, distributive trade, and tourism services.
Methodological foundation: The course follows the principles and recommended practices in the PPI (2004) manual.

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.
Practical skills: compiling index weights, collecting prices, calculating price indexes, and disseminating results.

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.