Skip Site Navigation
International Monetary Fund
 
DSBB HomeDissemination
Standards
Bulletin Board



Search Tips
Reviews of the Fund's Data Standards' Initiatives (Reviews)


Special Data Dissemination Standard Site (SDDS)
    Introduction
    Metadata
    Data
    What's New
    Contact Us

General Data Dissemination System Site (GDDS)

Data Quality Reference Site (DQRS)


 

Dissemination Standards Bulletin Board
Special Data Dissemination Standard
(AS PROVIDED TO THE IMF BY THE RESPECTIVE COUNTRY)
 
Flag of Romania Romania
Price index: Producer prices
Last Posted: Nov-12-2009
Last Certified: Dec-30-2008
Last Updated: Nov-12-2009

Contact Person(s)
        
Printer Friendly Page
 
Mr. Mihai-Iulian Gheorghe,
Director,
Division of Price Statistics,
National Institute of Statistics (NIS),
Str. Libertatii nr. 16, Sector 5,
Bucharest, code 050706, Romania
 Phone :(40) (21) 318 18 63
 Fax :(40) (21) 312 48 73; or 312 48 75
 Email :mihai.gheorghe@insse.ro 
 
Ms. Adina Secareanu,
Head of Section,
Section of Industrial and Construction Price Statistics,
Division of Price Statistics,
National Institute of Statistics (INS),
Str. Libertatii nr. 16, Sector 5,
Bucharest, code 050706, Romania
 Phone :(40) (21) 318 18 63
 Fax :(40) (21) 312 48 73; or 40 21 312 48 75
 Email :adina.secareanu@insse.ro 

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

Data are disseminated on the producer price index (PPI), a Laspeyres index (2005=100), measuring the monthly changes in prices for industrial products manufactured for the total, domestic market and non-domestic market.

 

The prices collected are producer prices, i.e. they include excise duties but not VAT. In order to build up  the industrial production price index, only the transaction corresponding to the first marketing stage of products are taken into account, namely their output from manufacturing economic operators..

 

Data are collected from around 2,000 economic operators; those with the largest turnover as reported by the NIS's Annual Business Statistical Survey. The coverage is between 60 to 100 percent of each industry's turnover. Data are collected for the most important products manufactured by each operator economic. Prices are collected at a very detailed level using the PRODROM classification (compatible with the European PRODCOM). Varieties are aggregated into product groups as unweighted arithmetic means. Subsequent levels of aggregation use sales in the base period. The base year is only changed every five years; it is currently 2005.

Periodicity

4.1.1 Periodicity

Monthly
Timeliness

4.1.2 Timeliness

The index is published not later than 32 days after the end of the reference period.
Notes: Romania is availing itself of a flexibility option on the timeliness of the Price index: Producer prices data.
Access by the Public
Advance dissemination of
release calendar

5.1.3 Advance release calendar

An advance release calendar which is updated at the beginning of each month to show the precise release dates for the next months is disseminated on the following National Institute of Statistics Internet website (http://www.insse.ro).

 

An advance release calendar which gives one quarter ahead notice of the prices release dates is also disseminated on the Internet on IMF’s Data Dissemination Bulletin Board (http://dsbb.imf.org).

Simultaneous release to all
interested parties

5.1.4 Simultaneous release

The producer price index is available simultaneous for all users in the NIS publications.

 

The producer price index is disseminated simultaneously to all interested parties through a news release.

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

National Institute of Statistics

All data are compiled and disseminated according to Law no 226/2009 on the organisation and functioning of official statistics in Romania.

0.1.2 Data sharing and coordination among data producing agencies

National Institute of Statistics

Official statistics covers all the activities organised for the collection, processing, analysis and dissemination of statistical data,the development of statistical culture, the creation and administration of official statistical data series produced by:

a) public authorities and institutions, excluding the National Bank of Romania, comprising data and information of a demographic, social,economic, environmental, financial and legal nature, which are necessary for acquiring a knowledge of economic and social realities,substantiating development strategies and forecasts, Government decisions and economic operators’ decisions, conducting scientific researches, informing the public and achieving international cooperation in the statistical field;

b) the National Bank of Romania, for the fields in which it has competences according to its own organisation and operating law.

0.1.3 Confidentiality of individual reporters' data

National Institute of Statistics

Under the provision of this law, NIS cannot publish, or otherwise make available to one individual or organization, statistics that could enable the identification of data for any individual person or entity. (chapter X of the statistical law).

0.1.4 Ensuring statistical reporting

National Institute of Statistics

The Law specifies that: the official statistical services are authorized to ask for and receive free of charge statistical data and information from all natural and legal persons who are located, hold any kind of capital or carry out any type of activity on the Romanian territory. (chapter VIII of the statistical law).

0.2.1 Staff, facilities, computing resources, and financing

National Institute of Statistics

The level of funds and the number of jobs necessary for carrying out the activities that, according to the national statistical programmes, are the responsibility of the National Institute of Statistics, shall be established on a yearly basis, within the funds and number of jobs approved for the Secretariat General of the Government, by the Law on the state budget.

The National Institute of Statistics and its territorial directorates shall manage the funds obtained, under the terms of art. 34, through activities set up in accordance with the provisions of Law No 500/2002 on public finance, with subsequent changes.

The National Institute of Statistics shall be authorised to manage external funds, in accordance with legal provisions, and to use additional specialised staff during the period in which the activities financed from these funds are performed.

0.3.1 Monitoring user requirements

The ECB, several Directorates General of the European Commission, National and International Business Cycle Analysts are using the PPI intensively.  

 

PPI is considered as one of the main short-term indicator, that has several main uses:

 

- as a main short-term business indicators that predict the tendencies in inflation rate; PPI can be considered as an early measure of the current inflation process in the economy;

 

- as a deflator for calculation the values at constant prices. Example for deflation in National accounts, or for deflation of industrial production and then for compilation the industrial production index;

 

- some ministries and branch associations use PPI for monitoring price pressures on sub-sectors of Romanian industry;

 

- trade associations and companies use PPI as an impartial measure of prices for contractual purposes and for comparing with their own patterns of purchases and sales;

 

- as a short-term indicator required from different international organizations like Eurostat, International Monetary Fond, European Central Bank, that use PPI for international comparisons and economic supervision.

0.4.1 Quality policy

National Institute of Statistics

All the members of the National Institute of Statistics and the staff of the other producers of official statistics commit themselves to work and co-operate according to the principles fixed in the Quality Declaration of the European Statistical System.

0.4.2 Quality monitoring

National Institute of Statistics

The statistical departments of the NIS continually address the issue of the quality of statistical data received from statistical surveys. Quality assessment is connected with the development of national statistical practice on control of the quality of data and its harmonization according to the European Statistical System (ESS) requirements. Focusing on quality is directed at all stages of the production and dissemination of statistical data.

0.4.3 Quality planning

National Institute of Statistics

The NIS has adopted the principles of the Quality Declaration of the ESS. Recommendations on quality will be gradually applied in statistical practice for different surveys in line with the accepted criteria established by the ESS. The quality reports on different indicators will be prepared in compliance with the requirements of European Commission and Council Regulations for the respective surveys.

1.1.1 Impartiality of statistics

National Institute of Statistics

By law the National Institute of Statistics and the other producers of official statistics must produce and disseminate official statistics respecting scientific independence and in an objective, professional and transparent manner in which all users are treated equally.

1.1.2 Selection of sources, methodology, and modes of dissemination

National Institute of Statistics

The government has repeatedly and publicly recognized NIS as fully intellectually independent: it decides by itself which data to collect, which methodology to use, and which results, methodological notes and commentaries are published.

1.1.3 Commenting on erroneous interpretation and misuse of statistics

National Institute of Statistics

Key data are presented and explained at press conferences. One of the objectives is to prevent any misunderstandings or misinterpretations by users. In all cases of incorrect interpretation of data, the NIS responds publicly to provide the correct interpretation.

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

National Institute of Statistics

The most important aspects on the organization of the official statistics in Romania, including the law no 226/2009 on the organisation and functioning of official statistics in Romania, are posted on the National Institute of Statistics Internet website (http://www.insse.ro/indexe.htm).

1.3.1 Guidelines for staff behavior

National Institute of Statistics

The Law no. 188/8.12.1999 (consolidated version) concerning the status of the public servant  contain foresights regarding: rights and duties, conflicts of interests, incompatibilities.
Identification of internal
government access to data
before release

1.2.2 Internal governmental access to statistics prior to release

National Institute of Statistics

No government official outside the National Institute of Statistics has access to the data before release to the public.
Identification of ministerial
commentary on the occasion of
statistical releases

1.2.3 Attribution of statistical products

National Institute of Statistics

No ministerial commentary is included with the release of the data.
Provision of information
about revision and advance
notice of major changes in
methodology

4.3.1 Revision schedule

The data are preliminary when first released, and are revised in the next month, at which time they become final. The final data are published in the relevant issue of the NIS Prices Statistical Bulletin, Monthly Statistical Bulletin and Industry Statistical Bulletin

4.3.2 Identification of preliminary and/or revised data

In the case of any revisions, for example significant errors the revised status of data is highlighted with asterisks.

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

National Institute of Statistics

Major changes in methodology are announced and explained in the Monthly Statistical Bulletin and Monthly Statistical Bulletin of Industry and the annual NIS Statistical Yearbook.

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

The existing methodology is published in the NIS publications. The NIS metadata base, available on NIS website, presents in structured fashion the methodologies on which the statistical researches from the Yearly Statistical Plan are developed by the NIS or other of its associated institution, the definitions of the resulting indicators and of the most useful statistical terms, as well as theoretical statistical information.

 



(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 PPI is published at the 2-digit NACE Rev. 2 level, 4-digit NACE Rev. 2 level, and by MIG’s (main industrial groups).
 
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.

Go to top of page
Home  What's New  Site Map  Site Index
About the IMF  What the IMF Does  Country Info  News  Data and Statistics  Publications

Copyright and Usage   Privacy Policy   How to Contact Us