Constructing Consumer Price Indexes
This seminar is designed for economists, statisticians, researchers, analysts, and other professionals working with consumer price indexes in national statistical programs. Participants should have an elementary knowledge of statistics.
To strengthen capabilities for the production and analysis of statistics on consumer prices and expenditures with relation to:
This seminar is designed to present the theory, techniques, and methodologies for planning, designing, implementing, and maintaining statistical programs for the measurement of consumer prices and expenditures.
The CPI serves as a general economic indicator of the rate of inflation in a country's economy and as a measure for adjusting wages, salaries, and other income payments to keep pace with rising prices. The indexes are useful in formulating fiscal and monetary policies, adjusting components of national accounts, and determining cost-of-living wage adjustments.
Consumer expenditure surveys, which furnish data used in selecting and weighting item samples for consumer price indexes, provide valuable insights into the welfare of particular segments of the population and can be a source of data for family budget studies.
Participants are encouraged to bring with them the following materials for use in discussions and workshops: 1) methodological documentation on how data related to the seminar topic are collected in their home countries; 2) questionnaires used in their countries for obtaining those data; and 3) sample publications of those data.
The seminar includes discussions on the following topics:
Consumer Price Indexes (CPI)
Consumer expenditure surveys
Techniques for analyzing data on prices and expenditures
Last modified: January 13, 2020