Virtual : Consumer Price Index
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- Canonical URL
- Virtual : Consumer Price Index
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Bibliographic details
- Session: SA 22.14V
- Location: New Delhi, India
- Dates: April 25-29, 2022 (1 week)
- Delivery method: Virtual Training
- Primary language: English
- Status: Deadline passed
Training Program
- Presented by the Statistics Department.
- Delivery Method: Virtual Training.
- Primary Language: English.
- Session No.: SA 22.14 V.
- Location: New Delhi, India.
- Date: April 25-29, 2022 (1 week).
- Deadline passed.
Target Audience and Qualifications
- Target Audience: Compilers of consumer price indexes (CPIs).
- Qualifications: Participants are expected to have a degree in economics or statistics; or equivalent experience.
Course Description
- Purpose: To broaden participants' understanding of the concepts and methods of compiling CPIs.
- Key emphases:
- Sources and methods for developing weights and sampling areas, items, outlets, and varieties.
- New and emerging data sources and new collection technologies.
- Frontier issues including how to better measure the digital economy.
- Linkages to the 2008 SNA, including principles of scope, coverage, and valuation.
- The course follows the principles and recommendations of the CPI Manual (2020).
Course Topics
- calculating elementary and upper-level indexes;
- methods for handling temporarily and permanently missing prices;
- introducing new outlets, items, and varieties;
- quality adjustments;
- chaining and linking indexes; and
- meeting data users' needs to ensure relevancy.
Course Objectives
- Apply recommended index calculation methods.
- Apply methods for dealing with such index compilation challenges such as unavailable items, quality change, and keeping an index up to date.
- Assess how well a CPI meets international guidelines for best practice.
References