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NEW STANDARDS calculate monthly indices of industrial PRODUCTION - March 2013

AGENCY FOR STATISTICS OF BIH

BUSINESS SECTOR STATISTICS

DEPARTMENT OF INDUSTRIAL STATISTICS AND ENGINEERING

 

NOTICE TO USERS

NEW STANDARDS calculate monthly indices of industrial PRODUCTION

(Google translate)

 

From January 2013. , Agency for Statistics (Agency), in cooperation with the Federal Bureau of Statistics and the Institute of Statistics (Entity statistical agencies), performs the calculation and publication of data on the volume index of industrial production for the new standards (classification of economic activities, classification major industrial groups and nomenclature of industrial products), and the new base year (2010. years). The application of the new standards in BiH is to harmonize statistical data on monthly industrial production with current EU standards and regulations in the field of short-term business statistics.

For data collection, data processing and calculation of monthly indices of industrial production and publication of results for BiH and its entities are now used:

• Classification of Economic Activities in - NACE 2010, based on "Statistical classification of economic activities in the European Community - NACE Rev. 2."

• Nomenclature of major industrial groups - MIG BiH, based on "Aggregate classification of Main Industrial Groupings - MIG, allocation of EU NACE Rev. 2."

• Nomenclature of Industrial Products BH - NIP 2010, based on the "EU PRODCOM Oct 2010 - Production Communautaire" and

• Base year 2010, which is used in the EU for the calculation of the index on a fixed basis.

In order to enable users to compare the current period with data previously published data index of industrial production (as opposed to earlier standards and 2005. Base year), the agency and entity statistical agencies working on translation of time series (monthly historical data) to the new standards and base 2010th year. Part of the work on translation of time series has been completed and the Agency's reliance recounts presented for 2012, 2011. and 2010. Recalculated time series of monthly indices of industrial production to the new NACE 2010 are available to users at the level of classification and field activities, and the level of the major industrial groups.

During the conversion of the monthly data series backwards to 2006, ie, the first year for which data are published indices of industrial production for the state level. Also, statistical agencies have started and activities on further methodological harmonization and establishment of other new series of industrial production, as required by EU regulations for short-term business statistics:

• Seasonally adjusted series index (SA)

• The calendar adjusted series, ie adjusted for working days (WDA)

• Trend data series

• Preparation of the official format for the transmission of data to Eurostat BiH.

During the month of February were published in three presentations:

• The monthly index of industrial production for January 2013th for BiH, calculated according to the applicable standards in the EU,

• Recalculation of the time series of monthly index of industrial production for the period of 2010. - 2012., For the level of BiH

• The monthly index of industrial production for January 2013th Brcko District, published for the first time

 

Extensive activities to improve the methodology and calculation of indices of industrial production began in the second mid 2012. Users of the results will be presented consecutively, in the form of statistical publications and on the website of the Agency, in accordance with the planned schedule of completion of individual phases. Upon completion of all initiated and planned business users will be presented complete results give.