Georgia Technical Assistance Report-Residential Property Price Indices Mission

This Technical Assistance (TA) report on Georgia is on Residential Property Price Indices (RPPI) Mission. The contents of this report constitute technical advice provided by the IMF staff to the authorities of Georgia in response to their request for TA. The Second Phase of the G-20 Data Gaps Initia...

Full description

Bibliographic Details
Corporate Author: International Monetary Fund Statistics Dept
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2020
Series:IMF Staff Country Reports
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
LEADER 02387nmm a2200385 u 4500
001 EB002081180
003 EBX01000000000000001221270
005 00000000000000.0
007 cr|||||||||||||||||||||
008 220928 ||| eng
020 |a 9781513544823 
245 0 0 |a Georgia  |b Technical Assistance Report-Residential Property Price Indices Mission 
260 |a Washington, D.C.  |b International Monetary Fund  |c 2020 
300 |a 19 pages 
651 4 |a Georgia 
653 |a Price indexes 
653 |a Inflation 
653 |a Infrastructure 
653 |a Economic Development: Urban, Rural, Regional, and Transportation Analysis 
653 |a Deflation 
653 |a Consumer price indexes 
653 |a Housing 
653 |a National accounts 
653 |a Price Level 
653 |a Saving and investment 
653 |a Prices 
653 |a Macroeconomics 
710 2 |a International Monetary Fund  |b Statistics Dept 
041 0 7 |a eng  |2 ISO 639-2 
989 |b IMF  |a International Monetary Fund 
490 0 |a IMF Staff Country Reports 
028 5 0 |a 10.5089/9781513544823.002 
856 4 0 |u https://elibrary.imf.org/view/journals/002/2020/172/002.2020.issue-172-en.xml?cid=49447-com-dsp-marc  |x Verlag  |3 Volltext 
082 0 |a 330 
520 |a This Technical Assistance (TA) report on Georgia is on Residential Property Price Indices (RPPI) Mission. The contents of this report constitute technical advice provided by the IMF staff to the authorities of Georgia in response to their request for TA. The Second Phase of the G-20 Data Gaps Initiative and guidance on Financial Soundness Indicators identify RPPI as a critical ingredient of financial stability policy analysis and macroprudential measures. National Statistics Office of Georgia (Geostat) is aiming at compiling a quarterly RPPI covering new flats and new detached houses for the capital city, Tbilisi. The mission implemented successfully the programs developed in R based on the IMF’s draft for the RPPI Practical Compilation Guide with the available data. The mission provided some guidance on the use of scanner data (SD) on the consumer price index (CPI) compilation. As per request of the Geostat Director, the mission also addressed the use of SD. The introduction of SD should be made on a stepwise approach to avoid huge impacts on the CPI and to make it more manageable, reliable, and safe