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SPPI: BtoAll Indices Expanding the scope of publication
Anna-Riikka Pitkänen
15.5.2014
2
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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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 transportH51 Air transportH53 Postal and courier activitiesJ61 TelecommunicationsM69.1 Legal servicesM71.11 Architectural services
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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
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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
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Methodological work to compile BtoAll indices (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
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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 BtoAll calculating methods To decide on the method to be used
Methodological work to compile BtoAll indices (2/2)
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Implementation work
To design the BtoAll calculating 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 BtoAll calculation in certain industries
To design possible publication formats To calculate quarterly time series
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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
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Example: Weight structure of the BtoAll index of sea and coastal transport
B to All
Passenger transport Freight transport28,6 % 71,4 %
CPI SPPI
Cruise Scheduled Goods transport transport transport
76,9 % 23,1 % 100 %
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Example: Development of the index of sea and coastal transport (confidential)
03 06 09 12 03 06 09 12 03 06 09 12 03 06 09 122010 2011 2012 2013
80
85
90
95
100
105
110
115
120
125
130
BtoC
BtoB
BtoAll
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Future plans
We will start to publish the BtoAll series 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
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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?
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Thank you for your attention!
Questions?
Anna-Riikka Pitkänen
[email protected]. +358 9 1734 3466
Susanna Tå[email protected]
tel. +358 9 1734 2991