Live Online Price Statistics and Index Numbers Training Course
Live online, instructor-led · next cohort Nov 2, 2026 · from USD 1,700
Inflation figures influence interest rates, wage settlements, pensions and contract escalation, so the numbers behind them must be methodologically sound. Ten days take you from the purpose of price measurement through sampling of outlets and products, specification of items and field or scanner-based price collection. Index number theory covers Laspeyres, Paasche, Fisher and Jevons formulas, elementary aggregates, chain-linking and rebasing. Construction sessions deal with expenditure weights from household surveys, missing prices, seasonal items, substitution and quality adjustment.
A dedicated module on the consumer price index follows international manuals on scope, coverage and dissemination, before attention shifts to producer prices, import and export indices and other specialised measures. Spreadsheet exercises let you compute indices from sample price data and test how methodological choices change the results. Statisticians in national statistics offices, central bank economists, price collectors moving into compilation roles and analysts who use inflation data are the main participants. Afterwards you can build and check a price index, explain its methodology to users and diagnose anomalies before figures are published.
At a Glance
How Live Online Training Works
Live online training, led by a trainer in real time, for participants anywhere.
More about live online training →- Format
- Live online, instructor-led
- Duration
- Mon - Fri (10 Days)
- Fee
- USD 1,700 (KES 160,000)
- Next start dates
- Nov 2, 2026, Nov 16, 2026, Jan 4, 2027
- Certificate
- Certificate of Completion
- What you need
- A computer with a reliable internet connection, a webcam and a headset
About this course
This program builds advanced skills in price statistics and index number construction with strong emphasis on practical application. It combines theoretical foundations with real-world data analysis to enhance decision-making and policy evaluation. Participants will develop the capacity to produce and interpret reliable price indicators.
Throughout the programme, participants work through realistic scenarios drawn from public sector institutions, private enterprises, development organizations, and regulated professional environments, examining how price statistics and index numbers is applied in practice and where it most often breaks down. Delegates will develop practical skill in designing appropriate frameworks, selecting and applying the right tools for price index construction, interpreting findings, and communicating conclusions clearly to colleagues, management and external stakeholders. Sessions move deliberately from principles to application, so that each technique introduced is practised against a realistic problem before the programme moves on — strengthening both individual effectiveness and the wider capability of the organizations delegates return to.
Training Objectives
- Apply statistical methods to price data analysis
- Construct and interpret index numbers accurately
- Evaluate inflation using price indices
- Ensure quality and consistency in price statistics
- Analyze trends in price movements
- Apply index numbers in economic analysis
- Strengthen data handling and reporting skills
What you'll learn
Key Takeaways
By the end of the Price Statistics and Index Numbers Training Course, participants will leave with:
- Practical mastery of index number techniques.
- Strong understanding of inflation measurement.
- Enhanced ability to analyze price trends.
- Improved data quality assurance skills.
- Confidence in statistical reporting and interpretation.
- A comprehensive working understanding of price statistics and index numbers principles and performance-measurement methodology.
- Enhanced ability to design practical systems and evaluate outcomes reliably.
Training Methodology
This program adopts a highly practical, data-intensive learning approach designed to reflect real statistical and economic environments. You will:
- Work with real price datasets and simulations
- Construct index numbers using guided exercises
- Engage in hands-on statistical labs and case studies
- Participate in group-based problem-solving sessions
- Develop statistical dashboards and visualization tools
- Analyze institutional price data challenges using data
- Apply statistical and econometric techniques
- Produce actionable price analysis and reporting outputs
Day 1: Foundations of Price Statistics
- Introduction to price statistics concepts
- Role of price data in economic analysis
- Types of price indices
- Basic statistical concepts for price measurement
- Data sources for price statistics
- Challenges in price data collection
- Overview of statistical frameworks
Day 2: Price Data Collection Methods
- Survey design for price data
- Sampling techniques in price surveys
- Data collection tools and procedures
- Fieldwork management and supervision
- Handling missing and inconsistent data
- Data validation techniques
- Practical data collection exercises
Day 3: Introduction to Index Numbers
- Intro to Index Number
- Purpose and importance of index numbers
- Types of index numbers
- Simple index calculations
- Weighted versus unweighted indices
- Base period selection
- Practical index computations
Day 4: Price Index Construction Methods
- Laspeyres index method
- Paasche index method
- Fisher ideal index
- Chain and fixed base indices
- Weighting systems in index construction
- Aggregation techniques
- Applied construction exercises
Day 5: Consumer Price Index (CPI)
- Concept of Consumer Price Index
- CPI basket design and weights
- Data collection for CPI
- CPI computation methods
- Inflation measurement using CPI
- CPI adjustments and rebasing
- Case studies on CPI
Day 6: Producer and Other Price Indices
- Producer price index concepts
- Wholesale price index
- Export and import price indices
- Sector-specific indices
- Comparison across indices
- Applications in economic analysis
- Practical exercises on multiple indices
Day 7: Inflation Analysis and Interpretation
- Measuring and interpreting inflation
- Core versus headline inflation
- Inflation trends and patterns
- Causes of inflation
- Impact of inflation on the economy
- Policy implications of inflation
- Case-based inflation analysis
Day 8: Advanced Index Number Techniques
- Chain linking and splicing
- Quality adjustment methods
- Hedonic pricing techniques
- Seasonal adjustment
- Handling new goods and services
- Biases in index numbers
- Advanced computation exercises
Day 9: Data Quality and Statistical Standards
- Quality assurance in price statistics
- Data validation and consistency checks
- International statistical standards
- Metadata and documentation
- Data revision policies
- Institutional frameworks for statistics
- Best practices in statistical reporting
Day 10: Applications and Reporting
- Use of price indices in policy analysis
- Economic forecasting with price data
- Reporting and dissemination of statistics
- Visualization of price trends
- Communicating statistical findings
- Case study on price analysis
- Final project and review
- Statisticians and data analysts
- Economists and policy analysts
- Central bank and government officials
- Researchers and academic professionals
- Monitoring and evaluation specialists
- Development practitioners and consultants
- Data officers in national statistical offices
Participants will receive a Certificate of Completion in Price Statistics and Index Numbers Training issued by Vision Reach Global Consultancy.
Issued on completion of the programme, the certificate evidences both attendance and active participation, and is accepted by employers and professional bodies across the public, private and development sectors. Verification is available from Vision Reach Global Consultancy on request.
Choose Where You Want to Learn
Price Statistics and Index Numbers Training Course Venues
KenyaNairobiNext Nov 16· 13 dates$3,000- KenyaMombasaNext Nov 2· 13 dates$3,000
- KenyaKisumuNext Nov 2· 13 dates$3,000
- KenyaNaivashaNext Nov 9· 13 dates$3,000
South AfricaCape TownNext Nov 2· 13 dates$7,200- South AfricaPretoriaNext Nov 9· 13 dates$6,400
- South AfricaJohannesburgNext Nov 9· 13 dates$6,800
TanzaniaZanzibarNext Nov 23· 13 dates$5,200- TanzaniaDar es SalaamNext Nov 2· 13 dates$4,000
- TanzaniaArushaNext Nov 16· 13 dates$3,800
- TanzaniaDodomaNext Nov 2· 13 dates$3,600
RwandaKigaliNext Nov 2· 13 dates$3,800
UgandaKampalaNext Nov 9· 13 dates$3,800
UAEDubaiNext Nov 2· 13 dates$7,600
NigeriaAbujaNext Nov 16· 13 dates$5,600- NigeriaLagosNext Nov 23· 13 dates$5,600
GhanaAccraNext Nov 23· 13 dates$7,600
Scroll sideways to see all 17 cities →
Frequently Asked Questions About Live Online Price Statistics and Index Numbers Training Course
Everything you need to know about this course before you register.
By the end of the Price Statistics and Index Numbers programme, you'll be able to understand core price statistics and index numbers principles and how they fit together in practice, apply practical techniques for price index construction in day-to-day implementation, strengthen evaluation, reporting and quality-assurance capability, and improve decision-making using evidence-driven performance information. The full breakdown of topics is covered session by session in the Course Outline tab above.
This course is designed for Statisticians and data analysts, Economists and policy analysts, Central bank and government officials, Researchers and academic professionals, Monitoring and evaluation specialists, Development practitioners and consultants, and Data officers in national statistical offices.
Price Statistics and Index Numbers Training Course typically runs as 10 Days. It's available as in-house corporate, in-person classroom, and live virtual training — every course can also be delivered on-site for your team on dates that suit you.
Price Statistics and Index Numbers Training Course is scheduled in-classroom in Nairobi, Kenya, Mombasa, Kenya, Kisumu, Kenya, and Naivasha, Kenya, and 13 other locations, plus a live interactive virtual classroom you can join from anywhere. Check the schedule panel above for exact upcoming dates and fees in each location.
The next live virtual cohort of Price Statistics and Index Numbers starts November 2, 2026, with new classroom cohorts also running on a rolling basis. Pick a date and location in the schedule panel above, then click "Register for the Course" — it takes a few minutes and your seat is confirmed once payment or a signed purchase order is received.
Yes — delegates who meet the attendance requirement receive a Certificate of Completion for Price Statistics and Index Numbers Training Course from Vision Reach Global Consultancy, issued in the name you register with, so double-check the spelling at checkout.
Price Statistics and Index Numbers Training Course is pitched at intermediate to advanced professionals. If you're unsure whether it's the right fit for your current role or background, message our training advisors before you register and they'll help you confirm.
Fees for Price Statistics and Index Numbers Training Course vary by delivery location and format and are shown in real time in the schedule panel above once you pick a date. Register 3 or more delegates on the same course together and a 5% team discount is applied automatically — larger cohorts can request a custom corporate quote.
Yes — Price Statistics and Index Numbers Training Course can be delivered on-site at your offices (or virtually for distributed teams), with case studies and examples tailored to your industry and the specific challenges your team is working through. Switch to the "In-House" tab in the schedule panel above to request a proposal.
Related Training
More Economics and Econometrics Courses
Monitoring and Evaluation of Applied Economics & Policy Analysis Training Course
Key Skills You'll Learn
- Construct a theory of change and results framework for an economic policy or programme.
- Select economic outcome indicators and assess the quality of administrative and survey data.
Vision Reach Global
From $1,500 · KSh 115,000
Practical Applied Economics & Policy Analysis Training Course
Key Skills You'll Learn
- Diagnose the market and government failures that justify, or argue against, public intervention.
- Estimate and interpret price and income elasticities and the incidence of taxes and subsidies.
Vision Reach Global
From $1,500 · KSh 115,000
Advanced Applied Economics & Policy Analysis Training Course
Key Skills You'll Learn
- Choose an identification strategy that fits a given policy question and dataset.
- Estimate treatment effects using difference-in-differences, instrumental variables and regression discontinuity designs.
Vision Reach Global
From $1,500 · KSh 115,000
Data and Analytics for Central Banking & Monetary Operations Training Course
Key Skills You'll Learn
- Assemble, validate and document macroeconomic and financial datasets for policy analysis.
- Apply seasonal adjustment and trend extraction to key economic series.
Vision Reach Global
From $1,500 · KSh 115,000
Also Live Online
Other Live Online Courses
A-Z for Risk, Reliability and Safety Management Training
Key Skills You'll Learn
- Master core concepts and frameworks in a-z for risk, reliability and safety man
- Apply practical tools and methodologies to your own organizational context
Vision Reach Global
From $1,500 · KSh 115,000
Accounting for NGOs Using QuickBooks Training
Key Skills You'll Learn
- Master core accounting for ngos using quickbooks training concepts and frameworks.
- Apply relevant tools and techniques in your organizational context.
Vision Reach Global
From $1,500 · KSh 115,000
Accounts Payable and Operations Training Course
Key Skills You'll Learn
- Understand core accounts payable and operations principles and how they fit together in practice.
- Apply practical techniques for accounts payable and operations in day-to-day implementation.
Vision Reach Global
From $1,500 · KSh 110,000
Accounts Receivable Management and Development of Credit Policies Training
Key Skills You'll Learn
- Understand core accounts receivable management and development of credit policies principles and how they fit together in practice.
- Apply practical techniques for accounts receivable module 1 in day-to-day implementation.
Vision Reach Global
From $1,500 · KSh 115,000
Achievement of Gender Equity in Development Projects Training
Key Skills You'll Learn
- Master core achievement of gender equity in development projects training concepts and frameworks.
- Apply relevant tools and techniques in your organizational context.
Vision Reach Global
From $1,500 · KSh 115,000
Achieving Strategy through Leadership: Strategy and Innovation Training Course
Key Skills You'll Learn
- Understand core achieving strategy through leadership: strategy and innovation principles and how they fit together in practice.
- Apply practical techniques for managing strategic risks in day-to-day implementation.
Vision Reach Global
From $1,500 · KSh 115,000
What Our Clients Say
VRG brings strategic discipline to complex organizational challenges. Their approach is structured, data-driven, and outcome-focused.
Levis Wabwire
Managing Director
They facilitated our strategy review, we improved departmental KPI alignment by 35% and reduced operational bottlenecks significantly.
David Oketch
Strategy Lead
Employee engagement scores increased following the leadership training program. The difference in accountability culture is evident.
Wendy Albright
Program Manager
Looking for a different city or delivery format? See every date for Price Statistics and Index Numbers Training Course or browse every live online course.