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| The Data: Coverage, Periodicity, and Timeliness | ||||||||||||
| Coverage characteristics | 5.1.1 Statistical presentation Data are disseminated on the producer price index (Índice de Preços por Atacado (IPA)) (August/94 = 100), which is an economic indicator that has been disseminated since 1944. It is the main component of a general price index (Índice Geral de Preços (IGP-DI). The index is structured to measure the rate of change of prices of a sample of merchandise at the wholesale level in business to business transactions in the following productive areas of the country: Alagoas, Amazonas, Bahia, Ceará, Espírito Santo, Goiás, Maranhão, Mato Grosso, Mato Grosso do Sul, Minas Gerais, Pará, Paraíba, Panará, Pernambuco, Piauí, Rio de Janerio, Rio Grande do Norte, Rio Grande do Sul, Rondônia, Santa Catarina, Sergipe, São Paulo e Tocantis. The price survey of 1,651 establishment that is conducted monthly provides about 16,000 quotations. A Laspeyres formula is used to calculate the index, and it is not seasonally adjusted. There are 462 commodities/products covered by the index and the nature of prices includes taxes and duties when applicable on them. The weights are monthly revised due to changes in the relative ponderation of the components of the index. The index is disseminated monthly at a press conference held in accordance with a specific calendar. | |||||||||||
| Periodicity | 4.1.1 Periodicity Monthly | |||||||||||
| Timeliness | 4.1.2 Timeliness No later than ten days after the end of the reference period. | |||||||||||
| Access by the Public | ||||||||||||
| Advance dissemination of release calendar | 5.1.3 Advance release calendar An advance release calendar that gives one quarter ahead notice of the precise release dates is published on the website of the Central Bank of Brazil (http://www.bcb.gov.br/sddsi/calendar_i.htm), and on IMF’s Dissemination Standards Bulletin Board (DSBB). A regular notice on the Advance Release Calendar is also published in the Monthly Bulletin of the Central Bank of Brazil. | |||||||||||
| Simultaneous release to all interested parties | 5.1.4 Simultaneous release The results are released in a press conference. Information is released in Portuguese to journalists through press releases at the time of the press conference. The detailed information about the index is made available at (http://www.fgv.br/ibre/dgd) after free registration. There is no specific publication for this index, because it is widely disseminated to the public by the press in the newspapers, television, magazines, and also at the FGV site at the Internet (http://www.fgv.br). | |||||||||||
| Integrity | ||||||||||||
| Dissemination of terms and conditions under which official statistics are produced, including those relating to the confidentiality of individually identifiable information | 0.1.1 Responsibility for collecting, processing, and disseminating statistics There are no regulations which govern the compilation and the dissemination of the data in this case, since the Fundação Getúlio Vargas is a private sector institution. However, the entity has a very long tradition in producing and widely disseminating economic indicators, which are largely demanded by the markets, by the public and by the government bodies as well. | |||||||||||
| Identification of internal government access to data before release | 1.2.2 Internal governmental access to statistics prior to release Data are made available to government agencies and to the public at the same time. | |||||||||||
| Identification of ministerial commentary on the occasion of statistical releases | 1.2.3 Attribution of statistical products None | |||||||||||
| Provision of information about revision and advance notice of major changes in methodology | 4.3.1 Revision schedule Data are final when first released. Changes in methodology are announced to the public through the press and available at the FGV site (http://www.fgv.br) 60 days before they are implemented.1.2.4 Advance notice of major changes in methodology, source data, and statistical techniques. Data are final when first released. Changes in methodology are announced to the public through the press and available at the FGV site (http://www.fgv.br) 60 days before they are implemented. | |||||||||||
| Quality | ||||||||||||
| Dissemination of documentation on methodology and sources used in preparing statistics | 5.2.1 Dissemination of documentation on concepts, scope, classifications, basis of recording, data sources, and statistical techniques Information on the methodology used to calculate the "Índice de Preços por Atacado" is published in "A Metodologia do Índice de Preços por Atacado - Disponibilidade Interna", which is available in Portuguese at the website of the Fundação Getulio Vargas on the Internet (http://www.fgv.br). The complete methodology can be ordered by phone 55 21 5595600 at the INDEX-Service of the Fundação Getúlio Vargas at the cost of R$100,00 per issue. (See also summary methodology) | |||||||||||
| Dissemination of component detail, reconciliations with related data, and statistical frameworks that support statistical cross-checks and provide assurance of reasonableness | 4.2.1 Internal consistency The primary data are confirmed by the FGV using electronic processes. In the complete methodology there is also the description of all the 462 components of the index, which guarantees its consistency. It should be noted that data suppliers endorse the information provided. | |||||||||||
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