Georgia: Technical Assistance Report-Report on the Producer Price Index and Residential Property Price Index Mission

October 3, 2018

Preview Citation

Format: Chicago

Georgia: Technical Assistance Report-Report on the Producer Price Index and Residential Property Price Index Mission, (USA: International Monetary Fund, 2018) accessed September 27, 2024

Summary

This Technical Assistance Report discusses the findings and recommendations made by the IMF mission to assist Georgia’s National Statistics Office (Geostat) in developing a residential property price index and expanding coverage of the producer price index (PPI). The mission found that Geostat compiles a monthly PPI for industrial products. It covers mining and quarrying; manufactured products; and electricity energy, gas, steam, and hot water. PPI coverage of the services sector is currently limited to freight transport, and should be expanded to include additional services. The improved coverage of the PPI will facilitate the assessment of developments in the production and prices of services and provide more reliable indicators to derive estimates of GDP in constant prices.

Subject: Consumer price indexes, Housing, National accounts, Price indexes, Prices, Producer price indexes

Keywords: Consumer price indexes, Coverage of the producer price index, CR, Data collector, Data editing, E. RPPI methodology option, Eastern Europe, Geostat, Housing, ISCR, Output-weighted PPI, PPI coverage, Price indexes, Producer price indexes, RPPI compilation, RPPI production, Services PPI, Transaction terms

Publication Details

Pages:

26
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2018/288
Stock No:

1GEOEA2018005
ISBN:

9781484378694
ISSN:

1934-7685

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