CPI Manual Update - I
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1 1 CPI Manual Update - I Robert Dippelsman, IMF Statistics Department OTTAWA GROUP MEETING ELTVILLE, 10 MAY, 2017 The views expressed herein are those of the author and should not necessarily be attributed to the IMF, its Executive Board, or its management
2 Background 2014 UNECE-ILO Meeting Feedback and views from participants IWGPS Inter-secretariat Working Group on Price Statistics (Eurostat, ILO, IMF, UNECE, WB current chair) Lead agency for update: IMF
3 TEG-CPI 3 Technical Expert Group International experts and compilers from developed and developing countries Endorsed by IWGPS Supervise update of manual Terms of Reference up.pdf
4 TEG-CPI 4 First meeting - January 2016 Second meeting - January 2017 Goals set Chapter by chapter discussions chapters identified, drafting responsibilities assigned
5 Goals Provide more prescriptive advice where possible Include second, or even, third best options Incorporate advances in methods/practice as well as theory/research
6 Goals Recognize global outreach Developed and developing countries Provide practical and theoretical advice to compilers Serve as a valuable resource for data users
7 Approach to the update 7 Structure - one manual, two volumes Authors and reviewers Annotated outlines produced by authors; followed by draft chapters
8 Paul Armknecht Chapters Volume I 8 Chapter 1: An Introduction to CPI Methodology (Paul Armknecht) Chapter 2: Concepts and Scope and Uses of CPIs (Brian Graf and Maria Mantcheva) Chapter 3: deleted Chapter 4: Expenditure Weights and Their Sources (Claude Lamboray and Jan Walchotts / Valentina Stoevska will review) Chapter 5: Sampling (Paul Armknecht and Claude Lamboray) Chapter 6: Price Collection (David Fenwick) Chapter 7: Adjusting for Quality Change (Mick Silver)
9 Paul Armknecht Chapters Volume I ctd 9 Chapter 8: Item Substitution, Sample Space and New Products (Mick Silver) Chapter 9: Calculating CPIs in Practice (Paul Armknecht) Chapter 10: Some Special Cases (David Fenwick and Jan Walchotts (Marcel (ABS), Francis (STATS NZ) have agreed to work on Annex for Scanner Data)) Chapter 11: Errors and Bias (Valentina Stoevska) Chapter 12: Organization and Management (David Fenwick) Chapter 13: Publication, Dissemination and User Relations Corrine Becker (FSO, Switzerland) New Chapter X Updating Weights and Linking Indices (Paul Armknecht)
10 Chapters Volume I I 10 Conceptual issues Listen to Erwin!
11 Progress so far 11 Work began in January with plan of chapters and designation of authors Annotated outlines already produced Drafting is underway on chapters
12 June July 2015 January 2016 May 2016 June December 2016 January 2017 April 2017 February 2017 December 2017 August 2017 December 2017 Establishment of the TEG-CPI, including chair and editor TEG-CPI to develop proposal for detailed time plan, allocation of work of authors, quality assurance and draft outline of the updated manual, which includes a complete list of the proposed chapters and annexes of the update. A face-to-face meeting of the TEG-CPI organised. Presentation of the outline of the updated manual, including a list of main changes chapter-by-chapter to the meeting of the UNECE-ILO CPI Group of Experts Meeting, May Reviewing and drafting of outline of chapters. Communication by audio conferences/ s. Face to Face meeting of TEG-CPI to finalize chapter outlines. Final chapter outlines submitted to IWGPS. Drafting of first version of the chapters. Draft chapters to be submitted to the IWGPS on a rolling basis as available. Draft chapters to be posted on secure website for worldwide review on a rolling basis as available. May 2017 Presentation of progress and broad overview of changes to the meeting of the Ottawa Group, May 9-12, 2017 October 2017 January 2018 January 2018 February May 2018 June - September 2018 February - March 2019 Reporting to IWGPS Revising draft chapters, taking comments from countries into account. Chapters revised on a rolling basis. Submission of final draft to the IWGPS for approval Final editing and approval of the IWGPS Formal consultation of countries. Submission of the final manual for endorsement by the UNSC in February 2019 [to be confirmed] Chair and Editor to submit progress report to IWGPS on quarterly basis beginning June Reports to be sent by last week of each quarter.
13 Next steps 13 Chapters to be revised Drafting ongoing Designated authors Along lines set out in TOR and Annotated Outlines Made available chapter-by-chapter Designated reviewers for each chapter TEG members to review; wider CPI community invited to review Global consultation: Draft chapters to be posted on web for wider review and comment Regional seminars on updated manual
14 Thank you! Comments welcome Over to Erwin
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