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SPPI: BtoAll Indices Expanding the scope of publication

SPPI: BtoAll Indices Expanding the scope of publication. Anna-Riikka Pitkänen 15.5.2014. Agenda. Current situation Methodological work to compile BtoAll indices Implementation work Weighting Example: BtoAll index for sea and coastal transport Future plans Discussion.

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SPPI: BtoAll Indices Expanding the scope of publication

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  1. SPPI: BtoAll Indices Expanding the scope of publication Anna-Riikka Pitkänen 15.5.2014

  2. Agenda • Current situation • Methodological work to compile BtoAllindices • Implementation work • Weighting • Example: BtoAllindex for sea and coastal transport • Future plans • Discussion

  3. Current situation (1/3) • The scope of the public Finnish producer price indices for services is BtoB, thus services provided to consumers are excluded • In addition, the following BtoAll index point figures are submitted quarterly to Eurostat: • H501_H502 Sea and coastal water transport • H51 Air transport • H53 Postal and courier activities • J61 Telecommunications • M69.1 Legal services • M71.11 Architectural services

  4. Current situation (2/3) • Eurostat requirements for BtoAll indices? • The scope of ISP? • Mentioned as one of the methodological issue in the forthcoming SPPI manual: • Designing SPPI by destination of output (BtoB, BtoC, BtoAll and BtoE) • Project in Statistics Finland: ”Calculating BtoAll service price indices and developing index for private health services” in 2008-2010

  5. Current situation (3/3) SPPI estimated using CPI: • passenger rail transport (interurban) • taxi transport • food and beverage service activities • real estate agencies • creative, arts and entertainment activities • sports activities and amusement and recreation activities • repair of computers and personal and household goods • Assumption: enterprise and household consumers pay the same prices for services or the price development of services is similar even if there were differences in, say, the price level and even service products

  6. Methodological work to compile BtoAllindices (1/2) • Indices describing the entire services sector would be calculated by merging data from the CPI and the SPPI • Neither data collection, nor the burdening of the respondents needed to be increased • International examples

  7. Methodological work to compile BtoAll indices (2/2) • To study differences between the price concepts and contents of the SPPI and CPI • To find appropriate weights for the CPI and SPPI time series • To test different relevant BtoAllcalculating methods • To decide on the method to be used

  8. Implementation work • To design the BtoAllcalculating project in detail (e.g. the project tasks, timetable of calculations and the work processes for the different time series) • To plan the changes having to be made to the current production system with respect to BtoAllcalculation in certain industries • To design possible publication formats • To calculate quarterly time series

  9. Weighting • The index series of the CPI and the SPPI would be primarily weighted together by utilising the data available from the supply and use tables of National Accounts • Exception: Alternative weight structures were investigated in the case of telecommunication activities and telecommunication statistics was chosen as the main source for the weights in the telecom sector

  10. Example: Weight structure of the BtoAllindex of sea and coastal transport

  11. Example: Development of the index of sea and coastal transport (confidential)

  12. Future plans • We will start to publish the BtoAllseries in connection with the SPPI in the near future • In addition to the BtoAll series send to Eurostat, we consider also publishing the following industries: • E.g. renting and operating of own or leased real estate, bus traffic, hotel activity • Added value for the users: the users could simultaneously track the development of prices for the services intended for both enterprises and households, as well as the development of service prices totalled up by customer group • Informing of customers is important

  13. Discussion • Do you publish BtoAll indices or do you have plans to publish them? • Do you publish BtoB, BtoC,BtoAll, (BtoE) separately? • Resources available for developing SPPI?

  14. Thank you for your attention!Questions? Anna-Riikka Pitkänen anna-riikka.pitkanen@stat.fi tel. +358 9 1734 3466 Susanna Tåg susanna.tag@stat.fi tel. +358 9 1734 2991

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