Peru: Technical Assistance Report-Consumer Price Index Mission
IMF Staff Country Reports, October 31, 2022
Source details
- Canonical URL
- Peru: Technical Assistance Report-Consumer Price Index Mission
Other formats
Bibliographic details
- Published: October 31, 2022
- Series: IMF Staff Country Reports
- Volume: 2022
- Issue: 332
- Pages: 13
- DOI: https://doi.org/10.5089/9798400224836.002
Mission objective and scope
- Collaborated with the National Institute of Statistics and Informatics in Peru to incorporate big data methods into compilation of the consumer price index (CPI).
- Data sources incorporated:
- Prices ingested from the websites of large retailers.
- Data recorded through in-store checkout scanners.
Key findings and substantive points
- The mission focused on integrating big data into CPI compilation processes to enhance data collection and processing for price statistics.
- Emphasis on two principal non-traditional data sources: web-scraped retailer prices and scanner (point-of-sale) data.
Subject areas and keywords
- Subject: Big data, Consumer price indexes, Data collection, Data processing, Economic and financial statistics, International organization, Monetary policy, National accounts, Prices, Technology
- Keywords: Big data, consumer price index mission, Consumer price indexes, Data collection, Data processing, data provider, scanner data, staff team of the International Monetary Fund, World Bank staff
Content in this bundle
- 1perea2022005 - Section 1