Price Index Statistics: PPI, Export, and Import
Master the fundamentals of producer, export, and import price index statistics to understand economic inflation measurement and analysis.
Master the fundamentals of producer, export, and import price index statistics to understand economic inflation measurement and analysis.
This comprehensive course explores the essential components of producer price index (PPI) and export/import price index (XMPI) statistics. Students learn how these indexes complement the consumer price index in analyzing inflation's impact across economic sectors. The course covers transaction types, price inclusion criteria, weighting methodologies, and practical applications in national accounts and inflation analysis. Participants gain hands-on experience in index compilation, sample selection, and data source evaluation.
Instructors:
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What you'll learn
Understand the core uses of producer, export, and import price indexes
Master techniques for developing and updating price index weights
Learn statistical sampling methods for price index compilation
Develop skills in calculating price indexes using collected data
Identify and evaluate suitable data sources for index compilation
Skills you'll gain
This course includes:
PreRecorded video
Graded assignments, exams
Access on Mobile, Tablet, Desktop
Limited Access access
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Module Description
This course provides a thorough understanding of producer, export, and import price indexes and their role in economic analysis. The curriculum covers key aspects of price index compilation, including transaction types, price selection criteria, weighting methods, and practical applications. Students learn how these indexes complement the consumer price index in providing a comprehensive view of inflation across different economic sectors.
Fee Structure
Instructor
1 Course
Shaha Hashim is a distinguished marine conservationist who has been at the forefront of protecting the Maldives' marine ecosystems for over 18 years. As the Chairperson of Maldives Resilient Reefs and Project Manager for Blue Marine Foundation, Hashim has led transformative nationwide campaigns such as #ProtectMaldivesSeagrass, #SaveOurSharks, and #FishForTomorrow, which have resulted in significant policy changes and increased protection for marine species. Her innovative approaches include est
Andrew Baer is a senior economist in the Real Sector Division of the IMF Statistics Department, specializing in producer price statistics and economic measurement. He joined the International Monetary Fund in 2019, bringing extensive experience from his previous roles at the US Census Bureau and Bureau of Labor Statistics. At the IMF, Mr. Baer supports a wide range of countries in developing and improving their producer price statistics, drawing on his 16 years of experience working on producer price indexes (PPIs) at the US Bureau of Labor Statistics. Prior to joining the IMF, he served as the Assistant Division Chief for Service Sector Statistics at the US Census Bureau, where he oversaw the annual survey of US service sector businesses and the Economic Census for service industries. Mr. Baer's expertise in price indices, business statistics, and economic measurement makes him a valuable asset to the IMF's efforts in enhancing statistical capabilities worldwide. While specific courses taught by Mr. Baer are not mentioned, his role likely involves providing technical assistance and training to member countries on topics related to price statistics and economic measurement methodologies.
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