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Country reports on UVI/trade volumes. Agenda Item 5d. STD Statistics Directorate. 3rd WPTGS meeting 4-6 October 2010, OECD. Main outcomes. 17 replies received Relating to UVI and price indices calculated on infra-annual and most detailed (HS 6+2 or more) commodity trade
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Country reports on UVI/trade volumes Agenda Item 5d STD Statistics Directorate 3rd WPTGS meeting 4-6 October 2010, OECD
Main outcomes • 17 replies received • Relating to UVI and price indices calculated on infra-annual and most detailed (HS 6+2 or more) commodity trade • Interest expressed in developing import/export price indices for services. • Laspeyres(Q) and Paasche (P) –”ideal” Fisher seem to be next step when not already calculated. • Volume indices are in general derived from price and value indices. • Classifications: HS, SITC, BEC, ISIC, CPA, Prodcom, national classifications. 3rd WPTGS meeting 4-6 October 2010, OECD
UVI versus price indices. • Some countries do not calculate UVI as “they do not distinguish changes in item quality mix and changes in prices” • Other countries compile “mixed” XMPI (UVI for SITC 0-4 & enterprise surveys for SITC 5-8). • Some compile UVI for benchmarking the survey based price indexes