Statistics Denmark

Short Term Statistics, Business Statistics

Sejrøgade 11, 2100 Copenhagen

The statistics contain monthly indices that show the development of the service industries' volume production. The development in the companies revenue over time may be due to a change in the volume of services sold and / or a change in the price of the same services.

The indices show the development in discounted turnover, by dividing revenue from the statistics Purchases and sales by enterprises with price index from Producer price index for services and from Consumer price index. In this way, it is possible to compare the pure amount of services sold in the service industries over time.

We produce the Service production Indices for the following industries NACE Rev. 2:

• Land transport and transport via pipelines (H49)
• Water transport (H50)
• Air transport (H51)
• Warehousing and support activities for transportation (H52)
• Postal and courier activities (H53)
• Accommodation (I55)
• Food and beverage service activities (I56)
• Publishing activities (J58)
• Motion picture, video and television program production, sound recording and music publishing activities (J59)
• Programming and broadcasting activities (J60)
• Telecommunications (J61)
• Computer programming, consultancy and related activities (J62)
• Information service activities (J63)
• Legal and accounting activities and Management consultancy activities (M69 and M70,2) (M6970)
• Architectural and engineering activities; technical testing and analysis (M71)
• Advertising and market research (M73)
• Other professional, scientific and technical activities (M74)
• Employment activities (N78)
• Travel agency, tour operator reservation service and related activities (N79)
• Security and investigation activities (N80)
• Services to buildings and landscape activities (N81)
• Other administrative, office support and other business support activities (N82)

The industry groupings are based on Danish Industrial Classifications (DB07). DB07 is the Danish national version of the EU nomenclature NACE rev.2.

The service sector.

Indices of Service Production: Turnover divided by price indices as an estimate of production volumes in service industries.

Services.

The Indices for service production consists of a number of industry specific indices. This means that the population includes all companies in those industries. Each industry therefore has each individual population and sample.

Denmark, excluding Faroe Islands and Greenland.

These statistics cover the time period from 2009 and onwards.

2015=100.

Indices.

Months.

The Act on Statistics Denmark, as subsequently amended by Act no. 599 of 22 June 2000.

Council Regulation (EC) No 1165/98 of 19 May 1998 concerning short-term statistics.

From the december 2023 the statistic will folow Commission Implementing Regulation (EU) 2020/1197 of 30 July 2020  

Statistics Denmark has produced the following document as an informal service to the global community. It is an unofficial translation of the official document “Lov om Danmarks Statistik”. The original Danish version will prevail. Link.

Discretion policy of Statistics Denmark (in Danish).

If some cells in data cannot be shown due to discretion, then they are left out of the statistics, and a secondary discretion is carried out.

The publication date appears in the release calendar. The date is confirmed in the weeks before.

The Release Calender can be accessed on our English website: Release Calender.

Statistics are always published at 8:00 a.m. at the day announced in the release calendar. No one outside of Statistics Denmark can access the statistics before they are published. Theme publications etc. may be published at other times of the day. The National Statistician can decide that such publications may be released before their official publication time, e.g. to the media and other stakeholders.

Monthly.

Not relevant for these statistics.

Not relevant for these statistics.

The statistics are published in the StatBank under Indices for Service Production in the following table:

• ISP1: Indices of Service Production by seasonal adjustment and Industry (groups)

Researchers and other analysts from authorized research institutions, can be granted access to the underlying micro-data by contacting Research Services.

These statistics are delivered monthly to Eurostat and are available through Eurostats database. For further information, go to Eurostats webpage on Index of Service Production.

These statistics are compiled in compliance with the OECD handbook Compilation Manual for an Index of Service Production.

Results from the quality evaluation of products and selected processes are available in detail for each statistics and in summary reports for the Working Group on Quality.

Statistics Denmark follows the principles in the Code of Practice for European Statistics (CoP) and uses the Quality Assurance Framework of the European Statistical System (QAF) for the implementation of the principles. This involves continuous decentralized and central control of products and processes based on documentation following international standards. The central quality assurance function reports to the Working Group on Quality. Reports include suggestions for improvement that are assessed, decided and subsequently implemented.

Revisions: The reliability of the statistics increases updates on indices from Purchases and Sales by Firms, Producer Price Index for Services and Consumer Price Index. Estimates on business groups : When using estimates for industry groups gives uncertainty to precision. We do not know the extent of uncertainty associated with this model assumption.

The statistic is used by Eurostat. The strike will be interesting for those who follow the short term statistic, such as ministries, industry and interest organizations, private companies, researchers and students.

The statistic is new and the goal is to describe the rapidly expanding service industry. The statistics are ordered by Eurostat.

The main objective of the OECD Compilation Manual for an Index of Services Production is to fill a gap in existing international statistical standards for guidelines and recommendations on the compilation of output indicators for the services sector of OECD Member countries.

As the Introduction to the Manual notes, compilation of a production index to measure short-term economic activity in the services sector, an index of services production (ISP). An ISP would provide economic analysts with information that would complement an IIP on the short-term movements of an economy, and national accountants with relevant and timely information on the performance of the services sector that could be used to compile quarterly national accounts.

The statistics are delivered to Eurostat.

Indices on service production meets the requirements presented in Eurostat's work on Guide on developing an Index of Services Production (ISP)

There are no calculations of uncertainty.

Not relevant to these statistics.

The uncertainty of the statistics covers: - Turnover based on corporate VAT reporting is used as approximation for revenue. - Forecast values are used for missing values of the Producer price index for services. - For the price indices approximations are used for the industry groups where there is no 1: 1 comparison.

Forecast figures have been prepared for the months that have not been published.

The statistics have been published according to schedule every month.

The statistics is made on the basis of Eurostat guidelines and is hence comparable to statistics from other EU countries under same regulation.

The statistics have been prepared for the period 2009 and beyond.

The statistics combines an index of revenue from the statistics Purchases and Sales by Firms, as well as the price index price from Producer Price Index for Services or Consumer Price Index.

Indices of Service Production are indices for the service industries for the individual industries and are a calculation by dividing the turnover index by the price index.

The same statistics are the basis of the Production Index for the service industry are also included in the National Accounts for calculations of production in fixed prices.

The statistics Purchases and Sales by Firms calculates data on company level. Data is published monthly, quarterly and semi-annual. Data is estimated for the month or months with missing data. The statistics Producer Price Index for Services are a quarterly index. Data is converted into months with the statistical method spline, and values for the months that are not data are estimated. Data for both series is continuously revised as the figures are revised with the correct numbers.

There is no response burden as the data are supplied by existing statistics.

Statistics Denmark revises published figures in accordance with the Revision Policy for Statistics Denmark. The common procedures and principles of the Revision Policy are for some statistics supplemented by a specific revision practice.

The test is made on H51 as there are no aggregated index.

Mean absolute revision MAR (L_P)=13,47

Mean revision (Rbar) MR (L_P)= -1,11

The Service Production Index statistics are based on existing statistics: Purchases and sales by enterprises. Producer Price Index for Services. Consumer Price Index.

Monthly and quarterly.

The sources are the statistics covering Purchases and sales by enterprises, Producer Price Index for Services and Consumer Price Index.

Error detections are made at the industry and enterprise level.

Indices on Service Production consists of a number of indices calculated as Index on Service Production = Index on observed monthly revenue (from Purchases and Sales by Firms) / Index on monthly Price (from Producer Price Index for Services or Consumer Price Index)

The indices of monthly turnover are from the statistic Purchases and Sales by Firms grouped by the business groups: H49, H50, H51, H52, H53, I55, I56, J58, J59, J60, J61, J62, J63, M69_70.2, M71, M73, M74, N78, N79, N80, N812 ( as an estimate for N81).

For index prices, both the Producer Price Index for Services or Consumer Price Index.

The Producer Price Index for Services contribute with business groups: H494 (an estimate for H49), H501_H502 (an estimate for H50), H51, H5224 (an estimate for H52), H531 and H532 (estimated for H53), J61, J62, J63, M69_70.2, M71, M73, N78, N80, N812 (an estimate for N81). Producer price index is produced quarterly data. We calculate quarterly indices into monthly indices.

The Consumer Price Index contribute with business groups: 11.2.0.1 (an estimate for I55), 11.1.1.1 (an estimate for J56), 09.4 (an estimate for J58), 09.4.2 (an estimate for J59), 09.4.2.3 (an estimate for J60), 09.4.2 (there is an estimate for M74), 09.6 (an estimate for N79)

Subsequently, the Production Index for the service industry is calculated and grouped on NACE rev. 2, 2 digit on the 36th group of the service industries.

To improve and harmonise the description on seasonal adjustment. The decription is made on H51 as there are no aggregated index.

Software used and version: JDemetra+, ver. 2.2.2
The model/filter selection (manual vs. automatic): Automatic
How often are the models and the respective parameters re-estimated: Five years
The horizon of revisions (how often are the seasonally adjusted time series revised and how far backwards): From 2009, at every update
Seasonal adjustment decomposition (additive vs. multiplicative): Multiplicative
The model used: X13-ARIMA, [(0,1,1)(1,0,0)]
The critical value for outlier detection: Automatically, determined by the number of observations in the (full) series span
The filter length (automatically chosen vs. user-defined): Automatically
Indicate the date of seasonal breaks in the series: None
Indicate if indirect adjustment via components is used: Direct adjustment
Indicate whether residual seasonality is checked and from which level of detail the aggregation is started: Not applicable
Indicate the consistency amongst the different levels of breakdown: Not applicable

The statistic of Indices for Service Production is based on statistic with the following documentation of statistics: Purchases and Sales by Firms , Consumer Price Index and  Producer Price Index for Services