Indepthresearch
outreach@indepthresearch.org
  + 254 20 211 3814 | +254 731 240 802
   +254 735 331 020 | +254 715 077 817
Westlands, Rhapta Road
Njema Court, Suite R2
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Prices Statistics and Index Numbers Course

INTRODUCTION

This one-week coursefocuses principally on price statistics, but also contains lectures on consumer and producer price indices.The course aims to provide a good understanding, to those working within the National Statistical Systems, of the data requirements to produce common index numbers used in their countries. Their methods of construction, their advantages and limitation.

In addition, the course contains workshops in which participants gain practical experience with various quantitative exercises designed to help strengthen their understanding of the theoretical elements.It also deals with database management and data processing methods and issues.

TARGET GROUP

Mid- to senior-level officials responsible for and having direct experience with the compilation of at least one of the following price indices: the consumer price index (CPI), the producer price index (PPI), or export and import price indices (XMPIs).

DURATION

5 Days

OBJECTIVES

  • Understand the Concept and Importance of Price Statistics
  • Understand the aims of Price Statistics
  • Learn the Concepts and Use of price indices

TOPICS TO BE COVERED

Concept and Importance of Price Statistics

  • Factors affecting Prices movement
  • Factors affected by Prices movement
  • Data sources for Price Statistics
  • Aim of Price Statistics
  • Data collection methods on Prices
    • Sample design for price data collection
    • Steps for selecting commodities
    • Selection of data sources

Price Indices

  • Concept and Use
  • Constitution of Price Indices
  • Identification of goods and services included in price indices
  • Identification of data sources
  • Data collection methods used in price data collection
  • Classification of items within groups
  • Determination of relative importance
  • Determination of base period
  • Source of weights
  • Determination of weights
  • Updating weights and commodities over time

Types of indices

  • Consumer Price Index
  • Producer Price Index
  • General information about price indexes
  • Concept- Scope and Coverage of Consumer Price Indices (CPI)
  • Sampling Procedures
  • Treatment of seasonal products
  • Quality adjustments in general
  • Elementary aggregates
  • Calculation of higher-level indices
  • Operation quality of CPI and chaining procedures
  • Data entry process and use of Excel for  Index Calculation 

REQUIREMENTS

Participants should be reasonably proficient in English. Applicants must live up to Indepth Research Services (IRES) admission criteria.

METHODOLOGY

The instructor led trainings are delivered using a blended learning approach and comprises of presentations, guided sessions of practical exercise, web based tutorials and group work. Our facilitators are seasoned industry experts with years of experience, working as professional and trainers in these fields.

All facilitation and course materials will be offered in English. The participants should be reasonably proficient in English.

ACCREDITATION

Upon successful completion of this training, participants will be issued with an Indepth Research Services (IRES) certificate.

TRAINING VENUE

The training is residential and will be held at IRES Training Centre. The course fee covers the course tuition, training materials, two break refreshments, lunch, and study visits.

All participants will additionally cater for their, travel expenses, visa application, insurance, and other personal expenses.

ACCOMMODATION

Accommodation is arranged upon request. For reservations contact the Training Officer.

Email:outreach@indepthresearch.org.  

Mob: +254 715 077 817

Tel: 020 211 3814

TAILOR- MADE

This training can also be customized for your institution upon request to a minimum of 4 participants. You can have it delivered in our training centre or at a convenient location.

For further inquiries, please contact us on Tel: +254 715 077 817, +254 (020) 211 3814 or mail outreach@indepthresearch.org

PAYMENT

Payment should be transferred to IRES account through bank on or before C.O.B 1st August 2017

Send proof of payment to outreach@indepthresearch.org

CANCELLATION POLICY

Payment for the all courses includes a registration fee, which is non-refundable, and equals 15% of the total sum of the course fee.

1.    Participants may cancel attendance 14 days or more prior to the training commencement date.

2.    No refunds will be made 14 days or less to the training commencement date. However, participants who are unable to attend may opt to attend a similar training at a later date, or send a substitute participant provided the participation criteria have been met.

Please Note: The program content shown here is for guidance purposes only. Our continuous course improvement process may lead to changes in topics and course structure.

Event Properties

Duration 5 Days
Event Date 07-08-2017
Event End Date 11-08-2017
Cut off date 01-08-2017
Individual Price (Kenyan) KES 75,000.00
Individual Price (International) EUR 1,012.00
Individual Price (International) USD 1,100.00
Location Nairobi, Kenya

Group Tariffs

Group Size Kenyan Rate Per day (KES) International Rate Per day (USD/EURO)
6-10 95,000.00 $ 1,118.00
€ 1,018.00
11-15 146,250.00 $ 1,721.00
€ 1,567.00
16-20 191,250.00 $ 2,250.00
€ 2,048.00
21-25 230,000.00 $ 2,706.00
€ 2,463.00
26-30 262,500.00 $ 3,089.00
€ 2,811.00
30-50 309,825.00 $ 4,556.00
€ 0.00
3-5 62,500.00 $ 736.00
€ 670.00
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