The Future of Price Statistics: Innovations in Data, Technology and Methods

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The Future of Price Statistics: Innovations in Data, Technology and Methods

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World Leaders have committed to 17 Sustainable Development Goals (SDG) to achieve 3 extraordinary things over the next 15 years: end extreme poverty; fight inequality and injustice; and tackle climate change. To achieve these goals, data of higher quality, reliability, frequency and openness are needed.

Price data play a central role in the statistics needed to measure and inform the SDGs and development policies in general. The extensive demand for reliable, frequent and open price data, combined with the limited availability of such data, has prompted research to find alternative ways to collect and disseminate price data.

This half-day seminar will bring together key actors from national statistical offices, private sector, international institutions, and academia to discuss how technological advancements and new data sources and methods can be used to improve price statistics.

Join us for a lively discussion on the challenges and opportunities for leveraging the global data revolution to guide the future of price statistics!

Opening Remarks: Sri Mulyani Indrawati, Managing Director and Chief Operating Officer, The World Bank Group

Keynote Speech: Lawrence H. Summers, President Emeritus and Charles W. Eliot University Professor, Harvard University

Panel I: The Data Revolution: New Data Sources, Technology, and Methods

Haishan Fu, Director, Development Data Group, The World Bank Group

Joe Reisinger, Chief Technology Officer and Co-founder, Premise

Alberto Cavallo, Professor, Massachusetts Institute of Technology

Alexis Antoniades, Director of International Economics, Georgetown University - Qatar

Panel II: Innovations in Price Data: Applications for Policy-making and Official Statistics

Deborah Wetzel, Director of Strategy and Operations for the Middle East and North Africa Region, The World Bank Group

Jim Thomas, Index Methods, Analysis and Evaluation Branch Chief, U.S. Bureau of Labor and Statistics

Jan Walschots, Senior Statistical Researcher on Price Statistics, Statistics Netherlands

Moderator: Nada Hamadeh, Senior Statistician and International Comparison Program Global Lead, The World Bank Group

Related Links:

World Bank Data

World Bank Data Programs

World Bank International Comparison Program (ICP)

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