Establishment of the Inter-Secretariat Working Group on Price Statistics (IWGPS)
The Intersecretariat Working Group on Price Statistics (IWGPS) works to develop international standards and recommendations in price statistics, document best practice guidelines and support their implementation. The work of the group includes consumer price indices, producer price indices, export-import price indices, real estate price indices and such other price statistics as are required. The IWGPS coordinates international work on price statistics to ensure the development of coherent manuals and handbooks, to use resources efficiently and avoid duplication of efforts.
The member organisations of the IWGPS are International Labour Organization (ILO), International Monetary Fund (IMF), Organisation for Economic Cooperation and Development (OECD), Statistical Office of the European Union (Eurostat), United Nations Economic Commission for Europe (UNECE) and World Bank.