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Dissemination Standards Bulletin Board
Special Data Dissemination Standard
(AS PROVIDED TO THE IMF BY THE RESPECTIVE COUNTRY)
 
Flag of Chile Chile
Price index: Producer prices
(Indice de precios del productor (IPP) )
Last Posted: Aug-6-2007
Last Certified: Jul-5-2007
Last Updated: Jul-12-2007

Contact Person(s)
        
Printer Friendly Page
 
Mr. Eugenio Berrios Alviz,
Instituto Nacional de Estadísticas (INE),
Avenida Presidente Bulnes 418,
Santiago, Chile
 Phone :56 2 3667580
 Fax :56 2 3690053
 Email :eugenio.alviz@ine.cl 

Dissemination Formats
Summary Methodology

Access National Summary Data Page

Cross-country comparisons: access the DSBB metadata query facility

The Data: Coverage, Periodicity, and Timeliness
Coverage characteristics

5.1.1 Statistical presentation

The monthly PPI is published in a clear manner; charts and tables are disseminated with the data to facilitate the analysis.

Data sets are published with various levels of detail; by economic sectors (A, B, C, D, E, F), by destination (consumer, intermediate and capital goods), and product index.

In addition, analysis of current period developments is included with dissemination.

Periodicity

4.1.1 Periodicity

The PPI is compiled and disseminated monthly.

Timeliness

4.1.2 Timeliness

The monthly estimates are disseminated within five days after the end of the reference month.

Access by the Public
Advance dissemination of
release calendar

5.1.3 Advance release calendar

Generally, a schedule is published on the INE website in December of each year.

It announces the date and time that the statistics will be released during the following year. Additionally, the statistics are released on time according to the preannounced schedule.

Simultaneous release to all
interested parties

5.1.4 Simultaneous release

The data are released simultaneously to all interested parties by giving to the press the INE's news release "Indicadores Mensuales- Precios y Remuneraciones" (Monthly Indicators – Prices and Wages). The date and time of release are notified in advance by e-mail to the specialized economic press.

Simultaneously, the news is posted on INE´s Internet website (http://www.ine.cl), under ‘Sala de Prensa’/‘Boletines’. Subsequently the corresponding INE’s series on Internet are updated (under ‘Estadísticas Económicas’/‘I. Precios al Productor’). 

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

Instituto Nacional de Estadísticas

The responsibility for collecting, processing, and disseminating all official statistics is laid out, by Law, in the National Institute of Statistics (INE). Besides, INE must submit the Annual Statistical Plan to the President of the Republic.

The INE’s Act, Law Nº 17.374, states that the INE is the administratively decentralized technical agency responsible of the official statistics and censuses in Chile. 

Price index: Producer prices

The responsibility for collecting, processing, and dissemination of all official statistics is laid out, by Law, in the National Institute of Statistics (INE). The INEs Act, Law Nº 17.374, states that the INE is the administratively decentralized technical agency responsible of the official statistics and censuses in the Republic of Chile.

 

The INE is continuously monitoring and ensuring that its mission is accomplished, and that it is consistent with the legal and institutional structure specified for the construction of PPI.

 

Since most of the data needed for the construction of PPI are produced within INE, it is not necessary a special legal and institutional structure.

0.1.2 Data sharing and coordination among data producing agencies

Instituto Nacional de Estadísticas

There are many instances where information is shared; both among institutions and within INE’s different departments.

These include mixed commissions with other institutions like the Central Bank, Ministries, etc.

All these efforts are made in order to avoid duplicates, better use of resources and understand data requirements. 

Price index: Producer prices

There are not ancillary data needed to produce the PPI. The information is directly obtained from the producer enterprises. Since, all individuals and legal entities must provide any information requested by the INE (Law Nº 17.374, Art 20, 21).

 

Within the INE there are many instances in which are established regular working meetings among different experts of INEs sections. And, there are mixed commissions with other institutions like the Central Bank, Ministeries, etc.

All this work is made in order to avoid duplicates, maximize sources and understand data requirements. However, it is not possible the use of register data due to the products’ specifications and opportunity on data delivery. This is not optimal in a monthly index.

0.1.3 Confidentiality of individual reporters' data

Instituto Nacional de Estadísticas

Articles 29 and 30 of Law Nº 17.374 specify that data provided by respondents must be held confidential and not released in any way, directly or indirectly, that could identify any individual respondent. This is called Statistical Secret.

 

All INEs questionnaires contain explanations that the data being collected are protected by the Statistical Secret, even when the prices are collected by the surveyors in the different stores they must  explain that the information provided is protected by Law.

 

Any infraction to the Law is considered a punishable act by Penal Code, art. 247ª.

 

When unit records are made available or released in order to replicate research, explain conclusions or validate some decisions, the confidentiality of individual data is protected by making all records anonymous.

Price index: Producer prices

Articles 29 and 30 of Law Nº 17.374 specify that data provided by respondents must be held confidential and not be released in any way, directly or indirectly, that could identify any individual respondent, which is called Statistical Secret.

 

All INEs questionnaires contain explanations that the data being collected are protected by the Statistical Secret, even when the prices are collected by the surveyors in the different firms they must to explain that the information given is protected by Law.

 

Any infraction to the Law is considered a punishable act by Penal Code, art. 247ª.

 

INE has established procedures in order to compile the information. The system and the information bases are on INE’s intranet. Therefore, any member of the PPI staff has access to the system and the bases.

 

When unit records are made available or released in order to replicate research, explain conclusions or validate some decisions, the confidentiality of individual data is protected by making all records anonymous; in this case each one of enterprises that belong to the base is protected with a fiction number of identification.   

0.1.4 Ensuring statistical reporting

Instituto Nacional de Estadísticas

According to the Law Nº 17.374, the INE must collect, process and publish the official statistics as well as submit the Annual Statistical Plan to the President of the Republic.

The Annual Statistical Plan specifically states that the INE must produce and disseminate monthly data on different Indices, related indices and product indicators.  

Article 22 of the Law 17.374 states fines and legal requirements for those respondents who don’t
cooperate or provide with false data.

Price index: Producer prices

According to the Law Nº 17.374, the INE must collect, process and publish the official statistics as well as submit the Annual Statistical Plan to the President of the Republic.

The Annual Statistical Plan specifically states that the INE must produce and disseminate monthly data on producer price index and other related indices and product indicators.

Article 22 of the Law 17.374 states fines and legal requirements for those respondents who don’t
cooperate or give false data.

0.2.1 Staff, facilities, computing resources, and financing

Instituto Nacional de Estadísticas

The INE is modernizing all computer equipments and sending its employees to capacitate in different courses and topics related with statistics, surveys, economics, etc.

However, there is some equipment that is becoming old although their performance is acceptable.   

 

The INE has adequate protection for computers resources, including back-up systems for retrieval of statistical series and updates in order to respond suitably to any unexpected situation.

 

There are instances in which INE´s facilities are not enough to support all needs at the same time, hence making it difficult to accomplish an adequate performance (there are also some deficiencies in the cooling system, area per worker, etc.).   

Price index: Producer prices

The PPIs staff works full capacity especially at the end of the month. And, there is not a staff turnover.

 

There are sufficient resources to verify the indices, conduct analyses and market researchers, carry out needed updates in the item structure, make corrections to the market basket weights (at basic levels).

 

The PPIs staff, is relatively new but has years of experience in a similar index, it is well qualified and has the needed skills for producing high quality price indices that meet international standards.

However, the limited budget, very high turnover, and salaries lower than the private sector could threat the current performance of PPI. 

 

The INE is modernizing all computer equipments and it is sending its employees to capacitate in different courses and topics related with PPI. However, the equipments of PPI’s staff are not replaced yet.

 

The INE has adequate protection for computers resources, including back-up systems for retrieval of statistical series and updates in order to respond suitably to any unexpected situation.

 

Office building does not have the sufficient facilities to accomplish an adequate performance, because cooling system and the superficies per worker are not adequate. 

0.2.2 Ensuring efficient use of resources

Instituto Nacional de Estadísticas

INE is subject to periodical auditory, which can be external or internal, in order to ensure efficient use of resources. There are periodical evaluations of staff performance and once a year there is a personal evaluation.

 

INE periodically seeks expert assistance to evaluate statistical methodologies and compilation systems or in other cases INE sends its employees outside to be trained in a specific topic.

Price index: Producer prices

There are periodical evaluations of staff performance and once a year there is a personal evaluation of its performance.

 

INE periodically seeks expert assistance to evaluate statistical methodologies and compilation systems. In some cases INE sends its employees outside to be trained in a particular topic.

0.3.1 Monitoring user requirements

Instituto Nacional de Estadísticas

The new INE’s policies on quality improvement, dissemination, participation, etc. have activated a process to disentangle all its statistics and products in order to accomplish its legal role and duty with the data users, whom are kept informed on specific aspects like timeliness, periodicity, methodology, etc.

In fact, all new indices or indices in process to be updated are subject to new and emerging data requirements by the users, and INE has created different meetings with policy departments, academics, ministries and other private sector representatives in order to respond to all requirements and generate a consensus.

Price index: Producer prices

Actually, INE is in a process to disentangle all its statistics and products in order to accomplish its legal role and duty with the data users, whom are kept informed on specifics aspects like timeliness, periodicity, methodology, etc.

In fact, in the PPI there were data requirements by the users, and INE created different meetings with policy departments, academics, ministries and other private sector representatives in order to respond to all requirements and generate a consensus about the index (methodology, basket and basket weights).

0.4.1 Quality policy

Instituto Nacional de Estadísticas

In a recently internal transformation made inside the INE,  quality was set as one of four big fundamentals (the others are: transparency, compromise and human resources). These are the basis for accomplishing INEs Mission and Vision.

Besides, there is an internal committee of quality that periodically publishes and imparts quality courses to all INE
s employees.

INE is also implementing externally recognized processes, ISO 9001-2000 that focus on quality.

Price index: Producer prices

In a recently internal transformation made inside the INE, quality appears as one of four big stones (the others are: transparency, compromise and human resources) that gives the tools to accomplish INEs Mission and Vision.

Besides, there is an internal committee of quality that periodically publishes and imparts quality courses to all INE
s employees.

In addition, INE is implementing the externally recognized process, ISO 9001-2000, that focus on quality. As a first step it is being implemented in a couple of departments, then it will take place in the PPI and in the whole institution.

0.4.2 Quality monitoring

Instituto Nacional de Estadísticas

There are monthly reviews in order to identify necessary and crucial steps to maintain  quality requirements.

Price index: Producer prices

In the PPI, there are monthly reviews in order to identify steps necessary to maintain quality requirements. PPI needs to have a proactive attitude, since is one of the most important indices that INE publishes.

0.4.3 Quality planning

Instituto Nacional de Estadísticas

Even when all INE’s indices have implicitly incorporated the quality dimension in their processes  (quality improvement is a very dynamic procedure) there are cases that dont have easy solutions.

When quality requirements are identified during ongoing monitoring and in periodic reviews, these are addressed explicitly  through incorporating them into the ongoing work program.

Price index: Producer prices

Even when the PPI has implicitly incorporated the quality dimension in the process and its quality improvement is very dynamic there are cases that dont have easy solutions.

In these cases where quality improvements were identified during ongoing monitoring and in periodic reviews, those are addressed explicitly and taken in the work program planning. 

1.1.1 Impartiality of statistics

Instituto Nacional de Estadísticas

By Law Nº17.374, INE is administratively decentralized technical agency. Its chiefs and technical directors are elected under public contest, which makes INE a technical institution. In addition, there is a tradition of professionalism that is globally recognized, which is essential to the credibility of its statistical results.

 

Once a year there is an individual evaluation in all INEs departments where each departments boss evaluates individual performance, deciding to fire, recruit or promote someone based on relevant aptitude or expertise.

 

The INEs staff is continuously training its staff  in methodology subjects, compilation methods and others topics.

Price index: Producer prices

By Law Nº17.374, INE is an administratively decentralized technical agency that hires its agencys head by public contest. By the same procedure, all  departments’ chiefs are hired in the same way and by technical capacities. On the other hand, its tradition of professionalism is clearly recognized and it is essential to the credibility of statistical results. For example, other government agencies understand the importance or noninterference.

 

Once a year there is an individual evaluation in all INEs departments where each departments boss evaluates individual performance after that each boss decides to fire, recruit or promote someone based on relevant aptitude or expertise.

 

The PPIs staff is always on the job training on methodology, compilation methods and others topics. By contrast, PPIs department doesn’t research nor analyze in order to maintain the agencys reputation for professionalism.

1.1.2 Selection of sources, methodology, and modes of dissemination

Instituto Nacional de Estadísticas

The choice of statistical methods and sources of data is made solely on the basis of statistical, budgetary and updating considerations.

Price index: Producer prices

The choice of statistical methods and sources of data is made solely on the basis of statistical, budgetary and updating considerations.

PPI
s methodology, dissemination, timing, media and source data are based only on statistical consideration.

1.1.3 Commenting on erroneous interpretation and misuse of statistics

Instituto Nacional de Estadísticas

INE makes efforts to provide depth explanations to its users about all INE’s statistical series and their proper use in analyses; in fact INE has explanatory materials and briefings which can be obtained in the INEs internet website, and INE has also a  FAQ page on its webpage and an office of information.

Price index: Producer prices

INE makes efforts to provide depth explanations to its users about the PPIs statistical series and their proper use in analyses; in fact INE has explanatory materials and briefings which can be obtained from the INEs internet website, and INE has also a questions web mail, an office of information and institutional image.

1.2.1 Disclosure of terms and conditions for statistical collection, processing, and dissemination

Instituto Nacional de Estadísticas

INE disseminates its statistical series on its web page and in written bulletins. Law Nº 17.374 and the last Annual Statistical Plan, in Spanish, can be obtained from the INEs web site, http://www.ine.cl under Corporativo /Nuestra Institucion, and under Ley Organica, and Plan Nacional respectively.

Price index: Producer prices

INE disseminates its PPI statistical series on its web page and in written bulletins.

 

Law Nº 17.374 and the last Annual Statistical Plan, in Spanish, can be obtained from the INEs web site, http://www.ine.cl under Corporativo /Nuestra Institucion, and under Ley Organica, and Plan Nacional respectively.

1.3.1 Guidelines for staff behavior

Instituto Nacional de Estadísticas

All INEs members and new staff have to sign a legal compromise in order to accomplish the Statistical Secret, and they are provided with clear guidelines on ethical standards in legal documents that belong to Law Nº17.374.

Besides, inside the INE there exist a strong culture for maintaining ethical standards.

Price index: Producer prices

Only PPIs chief has to sign a legal compromise in order to accomplish the Statistical Secret” and implicitly all public employees must behave according to this law.

They are provided with clear guidelines on ethical standards in legal documents that belong to Law Nº17.374.

Identification of internal
government access to data
before release

1.2.2 Internal governmental access to statistics prior to release

Instituto Nacional de Estadísticas

The calculation of all INE’s indices is an entirely internal process. And, government does not have access to indices before its release.

 

Price index: Producer prices

The calculation of PPI is an entirely internal process. No governmental official   has access to the index before its official release.

Identification of ministerial
commentary on the occasion of
statistical releases

1.2.3 Attribution of statistical products

Instituto Nacional de Estadísticas

All INEs publications include an institutional logo. In the case of joint publication, the part attributable to each entity is clearly identified.

Price index: Producer prices

All INEs publications include an institutional logo. In the case of joint publication, the part attributable to each entity is clearly identified.

Provision of information
about revision and advance
notice of major changes in
methodology

4.3.1 Revision schedule

PPI’s weights do not have a policy for updating. And, the PPI’s weights are three years old.

4.3.2 Identification of preliminary and/or revised data

Preliminary indices are not published for the PPI, and data are final in their first release.

1.2.4 Advance notice of major changes in methodology, source data, and statistical techniques.

Instituto Nacional de Estadísticas

Major changes in methodology, including a new base period, concepts, scope, weighting structure, etc. are announced in advance in great detail to the public.

Price index: Producer prices

Major changes in methodology, including a new base period, concepts, scope, weighting structure, etc., take place approximately every 10 years, and are announced in advance in great detail to the public.  

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

Metadata for PPI is available on the INE website, which includes information on concepts, definitions, classifications, data sources, compilation methods, baskets, weights and other relevant methodological aspects and procedures.

5.2.2 Disseminated level of detail

General use information about PPI and other price statistics is available and public on INE´s website.



(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

PPI is consistent with regard to order of aggregation.

4.2.2 Temporal consistency

Consistent monthly time series data are available for a period of time from 2003 to 2006.

 

When changes in source data, methodology, and statistical techniques are introduced, historical series will be reconstructed.

4.2.3 Intersectoral and cross-domain consistency

The producer price statistics are largely consistent with other price statistics as national accounts.

5.1.2 Dissemination media and format

The statistics are disseminated in a number of different formats, including press release, monthly bulletin and the INE´s website.

 
Footnotes
Last posted: Date IMF staff last posted an update to these metadata on the DSBB.
Last certified: Date subscriber last officially certified the accuracy of these metadata.
Last updated: Date subscriber last submitted an update of these metadata to the IMF.

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