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TEMPO - HOME >>> INDUSTRY Press releases >>> IND104O - Select criteria
IND104O - Monthly industrial production indices by industrial activities CANE Rev.2 - working day adjusted series - base year 2021: Please select the criteria for your query
CANE Rev.2 (sections and divisions of industry ) Months MU: Percentage

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IND104O - Monthly industrial production indices by industrial activities CANE Rev.2 - working day adjusted series - base year 2021 
Definition The industrial production index (IPI) measures the evolution of the results of industrial activities from one period to another, this being a Laspeyres-type volume index, calculated from the series of representative products at the level of each industrial activity and their weight (gross added value at the cost of factors in the base year). 
Periodicity Monthly 
Data sources Statistical survey on industrial products and services - monthly, since 2005 details 
Methodology To adjust the gross series, the JDemetra+ software package (TRAMO / SEATS) was used, estimating the effect of working days number, different from one month to another and the calendar effect (leap year and other national holidays) as well as for the identification and correction of outliers. The working days adjusted series was obtained by eliminating these effects from the unadjusted series supported by some correction coefficients. Aggregated levels (section, total industry, main industrial groupings) were adjusted by means of direct method supposing direct adjustment of aggregated series. Using the direct method could lead to some inconsistencies in data series (respectively, aggregates should not be always ranging between the values of their original components).
Metadata and quality report  
Last update DEC 12, 2024 
Observations The data are available starting with 2005. 
Project funded by EU
Project funded
by the EU		 © 1998-2017 National Institute of Statistics - ROMANIA
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