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IND104P - Monthly industrial production indices by industrial activities CANE Rev.2 - working day and seasonally 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 |
The JDemetra+ program package (TRAMO/SEATS method) was used to adjust the series. The working days and seasonally adjusted series is obtained by removing the seasonal component from the working days ajusted series. 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. |
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