Connect with IMF Institute

High-Frequency Indicators and Monthly Indicators of Economic Growth

Deadline passed

Session No.: SA 24.17

Location: New Delhi, India

Date: March 18-22, 2024 (1 week)

Delivery Method: In-person Training

Primary Language: English

    Target Audience

    Officials responsible for compiling short-term or monthly economic indicators in central banks and statistical offices.

    Back to top

    Qualifications

    Participants should have a degree in economics or statistics or equivalent experience.

    Back to top

    Course Description

    This course deals with identification and assessment of elementary indicators and techniques for combining them into a single index of economic activity (IEA) to track national trends. Indexes of economic activity bring together a range of elementary indicators to give timely general measures of economic activity. These measures give policy makers useful information that complements annual and quarterly GDP estimates, which are more comprehensive but usually only available after substantial lags and provide a more comprehensive picture than individual monthly and quarterly indicators, which reflect just a portion of the total economy.

    This one-week course will cover the practical issues with the compilation of high frequency indicators (HFIs), and covers the following topics:

    1. Scope and role of HFIs of economic activity and their relation with the SNA;
    2. Overview of data sources-both traditional and non-traditional;
    3. Assessment and selection of component series;
    4. Introduction to benchmarking principles;
    5. Introduction to seasonal adjustment; and
    6. Dissemination, revision analysis, and relations with users.
    Back to top

    Course Objectives

    Upon completion of this course, participants should be able to:

    • Explain the nature and potential uses of high frequency statistics on economic activity as well as their relation and consistency within the system of national accounts.
    • Develop a simple framework to compile an index of economic activity, from collection of source data to implementation of simple statistical methods and index compilation techniques.
    • Exploit useful short-term information contained in the IEA by applying some analytical tools, deriving tables, and statistical procedures.
    Back to top

    Apply Now - Application deadline approaching:

    IMF offers online training to government officials and the public. Click Learn more to find our current offerings.

    Cyber Risk Supervision (CRS)

    English | January 20-24, 2025 | In-person Training | New Delhi, India

    Apply online by November 12, 2024

    Strengthening Revenue Administration for Gender Equality

    English | December 9-11, 2024 | In-person Training | New Delhi, India

    Apply online by November 13, 2024

    Cyber Risk Supervision - Path to Operational Resilience (CRS)

    English (Arabic) | January 12-16, 2025 | In-person Training | Kuwait City, Kuwait

    Apply online by November 14, 2024

    Tax Policy and Administration: Theory and Practice (TPAT)

    English (Arabic) | January 19-23, 2025 | In-person Training | Kuwait City, Kuwait

    Apply online by November 14, 2024

    Fiscal Sustainability (FS)

    English | April 14-25, 2025 | In-person Training | Singapore, Singapore

    Apply online by November 15, 2024