Latest release

Chapter 3 Technical Methodology

Producer and International Trade Price Indexes: Concepts, Sources and Methods
Reference period
2022
Released
29/04/2022
Next release Unknown
First release

Overview

This section of the publication outlines the technical methodology used by the Australian Bureau of Statistics (ABS) to compile price indexes. The content of this section is focused on key price index concepts, including:

  • Price index theory and methodology
  • Sampling theory and methodology
  • Weighting theory and methodology
  • Imputation theory and methodology
  • Quality theory and methodology
  • Index review methodology
  • Re-referencing methodology

The concepts contained within this section are explained in broad terms to provide users with a theoretical understanding of the technical side price index theory. The technical concepts explained in this section are explored further in practice in Chapter 4, General Compilation Methodology of this release.