Import prices in industry

National Reference Metadata in Euro SDMX Metadata Structure (ESMS)

Compiling agency: National Statistics Office


Eurostat metadata
Reference metadata
1. Contact
2. Metadata update
3. Statistical presentation
4. Unit of measure
5. Reference Period
6. Institutional Mandate
7. Confidentiality
8. Release policy
9. Frequency of dissemination
10. Accessibility and clarity
11. Quality management
12. Relevance
13. Accuracy
14. Timeliness and punctuality
15. Coherence and comparability
16. Cost and Burden
17. Data revision
18. Statistical processing
19. Comment
Related Metadata
Annexes (including footnotes)
 



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1. Contact Top
1.1. Contact organisation

National Statistics Office

1.2. Contact organisation unit

Directorate B: Business Statistics

Short-term Business Statistics

1.5. Contact mail address

National Statistics Office

Lascaris Valletta VLT 2000, Malta


2. Metadata update Top
2.1. Metadata last certified 15/06/2023
2.2. Metadata last posted 15/06/2023
2.3. Metadata last update 15/06/2023


3. Statistical presentation Top
3.1. Data description

The industrial import price index measures the monthly development of prices of goods imported by domestic enterprises.

3.2. Classification system

NACE rev 2 and CPA 2008.

3.3. Coverage - sector

The scope of the data fall under the European Sample Scheme regulations.

The current CPAs are 26.11 (manufacture of electronic components) and 19.20 (manufacture of refined petroleum products)

3.4. Statistical concepts and definitions

Import prices are calculated on the basis of CPA products and according Commission Implementing Regulation 2020/1197.

The formal definition for import prices is the below:

It is the objective of the import price indices to measure the monthly transaction price development of goods purchased by residents from non-residents. All the related services are initially excluded from the scope except for those covered by CIF (cost, insurance, freight) trade agreement. The price indices should track the price movements of comparable items over time. It is essential that all price-determining characteristics of the products are taken into account, including quantity of units sold, transport provided, rebates, service conditions, guarantee conditions origin and destination. The specification must be such that in subsequent reference periods, the observation unit is able uniquely to identify the product and to provide the appropriate price per unit.

3.5. Statistical unit

Kind of Activity Unit (KAU).

3.6. Statistical population

The statistical population includes units falling under the relevant CPA. The population is maintained by the Business Registers unit.

3.7. Reference area

The indicator covers the national territory of the Maltese Islands.

3.8. Coverage - Time

The data are available from the year 2005.

3.9. Base period

Base year (year on which weights are based): 2015

Reference year (year when the index equals 100): 2015


4. Unit of measure Top

The data are provided in index form.


5. Reference Period Top

The data are collected on a monthly basis.


6. Institutional Mandate Top
6.1. Institutional Mandate - legal acts and other agreements

The NSO was established by virtue of the Malta Statistics Authority Act XXIV of 2000 and replaced the Central Office of Statistics as from 1 March 2001.

The related European legislation is the European Business Statistics Regulation 2019/2152 and Commission Implementing Regulation 2020/1197.

6.2. Institutional Mandate - data sharing

Data Sharing matters are governed by the Malta Statistics Authority Act XXIV of 2000. 


7. Confidentiality Top
7.1. Confidentiality - policy

Apart from the established legislative framework, the NSO is also guided by an internal general confidentiality policy. Data tagged as confidential are not available for publication.

7.2. Confidentiality - data treatment

Confidentiality matters are regulated by the Malta Statistics Authority Act XXIV of 2000. Such data are marked as such.


8. Release policy Top
8.1. Release calendar

There is no news release on the import prices data.

8.2. Release calendar access

There is no news release on the import prices data.

8.3. Release policy - user access

No national releases are issued by the Short-term Unit relating to import prices. Data are transmitted to Eurostat according to STS Regulations.


9. Frequency of dissemination Top

Eurostat transmissions for this index are carried out on a monthly basis and sent 45 days after the end of the reference period.


10. Accessibility and clarity Top
10.1. Dissemination format - News release

The main dissemination channel for official statistics is the NSO website.

10.2. Dissemination format - Publications

Not available.

10.3. Dissemination format - online database

The NSO website offers an online statistical database (StatDB) that provides a more in-depth analysis for the more expert statistical user or researcher. The StatDB requires registration as only registered users can extract data from the database. Registration is free-of-charge. This index does not feature in this database.

10.4. Dissemination format - microdata access

In general, index results made available to Eurostat ensure a sufficient degree of representativeness of data. More detailed data than that published locally and internationally are available on request but are subject to the confidentiality clauses.

In such cases, data are provided in index form. Micro data are not provided to users.

10.5. Dissemination format - other

Data are transmitted to Eurostat on a monthly basis

10.6. Documentation on methodology

A Laspeyres type index is used. This index is part of the European Sampling Scheme.

10.7. Quality management - documentation

Not available.


11. Quality management Top
11.1. Quality assurance

The NSO quality assurance principles are developed according to the ESS Handbook for Quality Reports (2014). 

11.2. Quality management - assessment

Aspects of quality are divided into several steps. These are specifying needs, designing and building data instruments and collecting, processing, analysing, disseminating, archiving and evaluating data. The main guiding principles in quality management are found in the:

European Statistics Code of Practice - https://ec.europa.eu/eurostat/web/quality/european-quality-standards/european-statistics-code-of-practice

Quality Assurance Framework of the ESS - http://ec.europa.eu/eurostat/documents/64157/4392716/ESS-QAF-V1-2final.pdf/bbf5970c-1adf-46c8-afc3-58ce177a0646

Overall, the quality of this index is of good quality.


12. Relevance Top
12.1. Relevance - User Needs

Currently, the main user of these data are Eurostat.

12.2. Relevance - User Satisfaction

Not available.

12.3. Completeness

Data are compliant with relevant European and local regulations and requirements are fully fulfilled.


13. Accuracy Top
13.1. Accuracy - overall

The overall accuracy of the indicator is considered to be good.

However, CPA 12 was phased out and new CPAs (26.11 and 19.20) were introduced.

13.2. Sampling error

Sampling error is not calculated for this indicator. These NACE categories are relatively small.

13.3. Non-sampling error

Non-sampling errors due to non-response are negligible.


14. Timeliness and punctuality Top
14.1. Timeliness

The index is disseminated 45 days after the end of the reference period.

14.2. Punctuality

All deadlines are respected during the course of the year.


15. Coherence and comparability Top
15.1. Comparability - geographical

To ensure geographical comparability across member states the index is compiled according to the EBS Regulations and STS Methodological Guidelines. The same concepts are applied to the whole national territory of the Maltese Islands.

15.2. Comparability - over time

The data series has been compiled since the year 2005. There is no break in series.

15.3. Coherence - cross domain

Import prices are not compared with any other sources.

15.4. Coherence - internal

Not available.


16. Cost and Burden Top

Burden is currently considered to be very low for this indicator.


17. Data revision Top
17.1. Data revision - policy

The same revision policy is applied to both data released nationally and that sent to Eurostat.

No major revisions occur in this indicator.

17.2. Data revision - practice

The same revision practice is used for all the data in the short-term statistics unit. Data marked as provisional are revised when actual data are received and estimates are replaced.

For this indicator, no revisions are done.


18. Statistical processing Top
18.1. Source data

Import price data are provided from the largest business units for NACE 26.11. For NACE 19.20 data is gathered from the NSO's International Trade Statistics Unit. 

18.2. Frequency of data collection

Monthly.

18.3. Data collection

The data are collected from business units and from the NSO's International Trade Statistics Unit.

18.4. Data validation

Validations of format and file structure checks and intra-dataset checks are checked with the use of in-house excel sheets and access databases.

Revisions analysis is also carried out for every data transmission sent to Eurostat using in-house access queries. When data revisions are significantly large, a short explanation is also given to Eurostat.

18.5. Data compilation

A Laspeyres type index is used for compilation.

Until 2018, the GESMES/TS conversion tool was used. From 2019 onwards, the SDMX-ML tool is used.

18.6. Adjustment

No adjustments are done.


19. Comment Top

No other comments to add.


Related metadata Top


Annexes Top