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Dissemination Standards Bulletin Board Special Data Dissemination Standard (AS PROVIDED TO THE IMF BY THE RESPECTIVE COUNTRY)   El Salvador Price index: Consumer prices (Indice de Precios al Consumidor, IPC [Consumer Price Index, CPI] ) Last Posted: Jul-30-2008 Last Certified: Dec-19-2008 Last Updated: Apr-2-2008 Contact Person(s)          Printer Friendly Page   Mr. Benjamin Garay Valencia, Macroeconomic Accounts Department, Central Reserve Bank of El Salvador, Alameda Juan Pablo Segundo, Centro de Gobierno, Apartado Postal (06) 106, San Salvador, El Salvador   Phone : 503 2281 8234/2281 8235   Fax : 503 2281 8282   Email : benjamin.garay@bcr.gob.sv  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 consumer price index, a modified Laspeyres index (December 1992=100), covering the San Salvador metropolitan area and the three largest departmental capitals in the country. The market basket is composed of 241 goods and services, divided into four groups: foodstuffs, housing, clothing, and miscellaneous. Every month 1,124 establishments and 3,424 prices are surveyed. Prices of most items are surveyed monthly, but some relatively stable prices are surveyed only once every second month or once a quarter. The prices measured are inclusive of value added tax. The weights are derived from the urban household income and expenditure survey conducted in the period April 1991–March 1992. Although there is no fixed schedule for revising the weights or re-basing the index, the previous weighting structure was based on the 1978 household income and expenditure survey. The index is not seasonally adjusted.
Periodicity	4.1.1 Periodicity Monthly
Timeliness	4.1.2 Timeliness One week after the end of the reference month
Access by the Public
Advance dissemination of release calendar	5.1.3 Advance release calendar An advance release calendar which gives one-quarter-ahead notice of the precise release dates is disseminated on the Internet website of the BCR (http://www.bcr.gob.sv) and on the IMF's DSBB website. In addition, the calendar is issued as a press release, which also includes a notice informing the public that the calendar is disseminated on the two Internet websites above.
Simultaneous release to all interested parties	5.1.4 Simultaneous release The data are released simultaneously to all interested parties in the press release Comportamiento del IPC issued by the Communications Directorate of the Ministry of Economy.
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 The General Directorate of Statistics and Censuses Data are compiled by the General Directorate of Statistics and Censuses (DIGESTYC), which reports to the Ministry of Economy. The compilation and dissemination of the data are governed by the terms and conditions of the 1955 Organic Law of the National Statistical Service: Article 1 stipulates that all statistics compiled and published by the DIGESTYC and by public agencies are governed by the Organic Law of the National Statistical Service. Article 2 states that the objectives of DIGESTYC are to research and develop methods of planning, and to collect, compile, analyze, publish and distribute statistical data and censuses. Article 22 establishes that the DIGESTYC must make every effort to use the classifications and nomenclatures recommended by international organizations. Price index: Consumer prices The CPI is compiled by the General Directorate of Statistics and Censuses (DIGESTYC), which reports to the Ministry of Economy. 0.1.3 Confidentiality of individual reporters' data The General Directorate of Statistics and Censuses Article 18 of the 1955 Organic Law of the National Statistical Service establishes that data compiled by the DIGESTYC are confidential and may be used solely for statistical purposes. 1.2.1 Disclosure of terms and conditions for statistical collection, processing, and dissemination The General Directorate of Statistics and Censuses The law is available, in Spanish only, from the National Focal Point for Statistical Information Department, Direccion General de Estadistica y Censos (DIGESTYC), Ministerio de Economicia, Avenida Juan Bertis, No. 79, Ciudad Delgado, P.O.B. 2670, San Salvador, El Salvador. (Phone/Fax: 503 2765900).
Identification of internal government access to data before release	1.2.2 Internal governmental access to statistics prior to release The Minister and Vice-Ministers of Economy have access to the data two days before publication by the DIGESTYC.
Identification of ministerial commentary on the occasion of statistical releases	1.2.3 Attribution of statistical products The press release publishing the CPI data is issued without ministerial commentary. The monthly report Indice de Precios al Consumidor (Consumer Price Index) published by DIGESTYC is accompanied by a brief commentary prepared by DIGESTYC officials.
Provision of information about revision and advance notice of major changes in methodology	4.3.1 Revision schedule The data are final when first released and are not subject to revision. 1.2.4 Advance notice of major changes in methodology, source data, and statistical techniques. Methodological changes are made only when there is a change in the base year and are announced in advance by issuing a news release to the media.
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 Methodological summaries are disseminated in the monthly Indice de Precios al Consumidor published by DIGESTYC, Ministry of Economy. More detailed information can be found in Metodología de Actualización del Indice de Precios al Consumidor, Base Diciembre 1992, available in Spanish only, which can be consulted at DIGESTYC's National Focal Point for Statistical Information Department, Avenida Juan Bertis, No. 79, Ciudad Delgado, P.O.B. 2670, San Salvador, El Salvador. (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 monthly Indice de Precios al Consumidor publishes the following detailed data: indices for the reference month by group (foodstuffs, housing, clothing, and miscellaneous), and by subgroup; and monthly time series data on the CPI for the current and previous two years. 4.2.2 Temporal consistency The BCR Internet website http://www.bcr.gob.sv/estadisticas/sr_precios.html for the data en Spanish and (http://www.bcr.gob.sv/ingles/estadisticas/sr_precios.html) for the data in English, disseminates the following time series data: monthly data for the current and previous five years showing the general index, the monthly variation, the annual variation and the accumulated variation; and annual data for the general index and the indices for foodstuffs, housing, clothing, and miscellaneous for the latest seven years.
Country Notes:
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.