Mexico: Technical Assistance Report on Chain Linking

Author: International Monetary Fund. Statistics Dept.

Volume/Issue: Volume 2023 Issue 084

Publication date: February 2023

ISBN: 9798400237041

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Topics covered in this book

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Money and Monetary Policy , International - Economics , National Accounts chained indices volume measures weights

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Summary

"This title is available in Spanish only" A technical assistance (TA) mission was conducted remotely during February 4-18, 2022, to providing guidance to the National Institute of Statistics and Geography (INEGI) of Mexico in implementing the chain-linked volume measures with previous year weights in their national accounts (NA) statistics. Currently, INEGI compiles Gross Domestic Product (GDP) and related NA economic indicators at constant prices with fixed base year indices of 2013. Chain-linked volume measures provide improved and more accurate estimates of economic growth, especially in periods of structural change. The TA mission also provided extensive training on compiling chained indices with own country examples from the economic surveys and national accounts statistics to a large group of INEGI staff and discussed with INEGI management an action plan for developing and implementing chained indices for the national accounts and short-term indicators.