Republic of the Marshall Islands: Technical Assistance Report-Consumer Price Index Mission (January 15-26, 2024)

June 7, 2024

Summary

A technical assistance (TA) mission was undertaken with the Economic Policy, Planning and Statistics Office (EPPSO) of the Republic of the Marshall Islands (RMI) between January 15–26, 2024. The mission assisted the EPPSO to update their consumer price index (CPI). The tasks completed included resampling the basket of goods and services and estimating new expenditure weights. The new weights are based on the results of the 2019/2020 household income and expenditure survey (HIES). An action plan for updating the CPI was developed and agreed with the authorities.

Subject: Consumer price indexes, Expenditure, Household consumption, International organization, Monetary policy, National accounts, Prices

Keywords: Consumer price index, consumer price index mission, Consumer price indexes, CPI, CPI basket, CPI data entry workbook, Household consumption, IMF's Statistics department, index series, inflation, instrumentalities of the CD recipient, macroeconomic statistics, monetary policy, price statistics, Republic of the Marshall Islands.

Pages:
13
Volume:
2024
DOI:
https://doi.org/10.5089/9798400276071.019
Issue:
048
Series:
Technical Assistance Report No. 2024/048
Stock No:
TAREA2024048
ISBN:
9798400276071
ISSN:
3005-4575

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Technical Assistance Reports