## Virtual : Monthly Index of Economic Growth-High Frequency Indicators

## Source details

**Canonical URL:** [Virtual : Monthly Index of Economic Growth-High Frequency Indicators](https://www.imf.org/en/capacity-development/training/icdtc/schedule/sa/2021/sa21-32v)

## Other formats

- [Markdown version](/en/capacity-development/training/icdtc/schedule/sa/2021/sa21-32v/index.md)
- [Structured JSON version](/en/capacity-development/training/icdtc/schedule/sa/2021/sa21-32v/index.json)
- [Bundle manifest](/en/capacity-development/training/icdtc/schedule/sa/2021/sa21-32v/bundle-manifest.json)

## Bibliographic details
- Session: SA 21.32V
- Location: New Delhi, India
- Dates: July 12-16, 2021 (1 week)
- Delivery method: Virtual Training
- Primary language: English

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### Target audience and qualifications
- Target audience: Officials responsible for compiling short-term or monthly economic indicators in central banks and statistical offices.
- Qualifications: Participants should have a degree in economics or statistics or equivalent experience.

### Invitation and logistics
- Session No.: SA 21.32 V
- Location: New Delhi, India
- Date: July 12-16, 2021 (1 week)
- Delivery Method: Virtual Training
- Primary Language: English

### Course description
- Focus: Identification and assessment of elementary indicators and techniques for combining them into a single index of economic activity to track national trends.
- Purpose of flash estimates/indexes: Bring together a range of elementary indicators to give timely general measures of economic activity that:
  - Complement annual and quarterly GDP estimates, which are more comprehensive but usually only available after substantial lags.
  - Provide a more comprehensive picture than individual monthly and quarterly indicators, which are up-to-the-minute but reflect just a portion of the total economy.
- Participant expectation: Participants are expected to work with their own monthly and quarterly time series during the course; these indicators will be used in the practical session as the basis for experimental estimates.

### Course objectives
Upon completion of the course, participants should be able to:
- Explain the nature and potential uses of high-frequency statistics on economic activity and their relation to and consistency with the system of national accounts.
- Design a simple framework for compiling an index of economic activity, from collection of source data to application of simple statistical methods and index compilation techniques.
- Exploit useful short-term information contained in the Index of Economic Activity by applying analytical tools, deriving tables, and statistical procedures.

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## References

- [Virtual 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/sa/2021/sa21-32v_