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  • Workshop 5. Higher-level price indices

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The workshop will examine the various higher-level price index formulas used to compile the CPI, including more recently developed approaches including the geometric formula proposed by the IMF. The workshop will also examine approaches to minimise substitution bias in the CPI, particularly in the case when traditional weighting data from household expenditure surveys are available infrequently. A range of country practices and experiences will be presented along with opportunities for discussion of participant's topics.

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