International Technical Cooperation

Constructing Producer Price Indexes and Import and Export Price Indexes

Dates

July 21 - 25, 2014

Application deadline

June 21, 2014

Tuition

$3,000

Participants

This seminar is designed for economists, statisticians, researchers, analysts, and managers working with producer price indexes or import and export price indexes in national statistical programs. Participants should have an elementary knowledge of statistics.

Objectives

To strengthen capabilities for the production and analysis of statistics on producer prices and import and export prices with relation to:

Program content

This seminar is designed to present the theory, techniques, and methodologies for planning, designing, implementing, and maintaining statistical programs for the measurement of producer prices and import and export price indexes.

The Producer Price Index (PPI) is a family of indexes that measures the average change over time in the selling prices received by domestic producers of goods and services. PPIs measure price change from the perspective of the seller. This contrasts with other measures, such as the Consumer Price Index (CPI), that measure price change from the purchaser's perspective. Sellers' and purchasers' prices may differ due to government subsides, sales and excise taxes, and distribution costs.

Producer Price Index data are widely used by the business community as well as government. Three major uses are:

Import and Export Price Indexes (MXP) are a family of indexes that measure the average change over time in the prices of nonmilitary goods and services traded between the domestic country and the rest of the world. The MXPs help to answer the question "how will trade affect the production of goods and services in the economy?" and are primarily used to deflate various foreign trade statistics.

Participants are encouraged to bring with them the following materials for use in discussions and workshops: 1) methodologies 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:

Producer Price Indexes (PPI) and Import and Export Price Indexes (MXP)

Techniques for analyzing data on prices and expenditures

Apply now

NOTE: Participants may be interested in attending the one-week seminar on Constructing Consumer Price Indexes, which immediately follows this seminar.

Last modified: February 25, 2014

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