Mongolia: Technical Assistance Report-Report on the Prices Statistics Mission
IMF Staff Country Reports, October 24, 2017
Source details
- Canonical URL
- Mongolia: Technical Assistance Report-Report on the Prices Statistics Mission
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Bibliographic details
- Published: October 24, 2017
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484324592.002
Scope and objective
- Technical advice and recommendations provided by the IMF mission to the authorities of Mongolia regarding updating and improving the consumer price index (CPI) and the industrial producer price index (IPPI).
Key findings
- An adjustment to the expenditure shares in the updated CPI is recommended based on alternative data sources.
- The compilation procedure used to estimate the monthly price change for automobiles and motorcycles requires improvements.
- Selection of enterprises and products in the rebased IPPI should ensure appropriate coverage of exports.
- The IPPI rebasing process should include a review of 2015 customs data to ensure that relevant enterprises and their products are selected in proportion to their significance to overall production.
Detailed recommendations
- CPI
- Adjust expenditure shares in the updated CPI using alternative data sources to better reflect spending patterns.
- Improve the compilation procedure for estimating monthly price changes specifically for automobiles and motorcycles.
- IPPI
- Ensure that the selection of enterprises and products in the rebased IPPI provides appropriate coverage of exports.
- Conduct a review of 2015 customs data as part of the IPPI rebasing to align enterprise and product selection with their significance to overall production.
Subject focus and keywords
- Subject areas: Consumer price indexes, Expenditure, Export prices, Exports, International trade, Price indexes, Prices.
- Keywords explicitly noted: Consumer price indexes, CPI time series, CR, expenditure share, Export prices, Exports, ISCR, price index series, Price indexes, share, updated CPI, weight reference period.
International Monetary Fund. Statistics Dept. "Mongolia: Technical Assistance Report-Report on the Prices Statistics Mission", IMF Staff Country Reports 2017, 323 (2017), accessed 9/23/2026, https://doi.org/10.5089/9781484324592.002
Content in this bundle
- Country Report