Unique ID: WB16

Issue Date: February 13th 2019
Last modified: February 22nd 2019
Collaborative

Pilot Study to Capture Granular High-Frequency Price Data Using Modern Information and Communication Technologies

Pilot Study to Capture Granular High-Frequency Price Data Using Modern Information and Communication Technologies

The overall objective of the pilot project is to study the feasibility of capturing granular high-frequency price data using modern ICT required for PPP estimates, and making these data available to better inform poverty measurements. Basket of goods and services to be surveyed will include approximately 150 items, covering the most relevant headings of household consumption. For each item, detailed specifications will be used to ensure both intra-country as well as cross-country comparability. The pilot countries are Brazil, Indonesia, and Nigeria. Sampling frames will cover sub-national urban areas as well as rural areas - in particular for food items - in order to arrive at representative national averages prices and estimate urban/rural price differentials where applicable. The active price data capture phase will be one quarter (90 days), with the aim to establish reliable quarterly average price for each item. Captured data will include granular prices, and related price specific metadata, including geographical location.

Project Sources
Project Sources
Type Of Institution: international organization
Region: Global
Country Area: Global
Id Country Regional: global
Other
Other
Timeframe To Produce Indicator: NA
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