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Producer prices in industry

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National Reference Metadata in Euro SDMX Metadata Structure (ESMS)

Compiling agency: Statistical Office of the Republic of Slovenia (SURS)

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The statistical survey Producer Price Indices measures the dynamics of producer prices of industrial products produced on the territory of Slovenia and sold in Slovenia and/or abroad.

 

The Producer Price Indices (total) is composed of two sub-indices:

  • producer price index of the domestic market, which measures changes in prices of manufactured goods produced and sold by producers on the domestic (Slovene) market;
  • producer price index of the non-domestic market, which measures changes in prices of manufactured goods sold by producers on non-domestic markets, and is further broken down into euro area and non-euro area. 

20 June 2025

Main variables collected are average transaction prices for the reference period at which producers sell their most sold products on the domestic market (ex-works sale price) and / or non-domestic market (free on board sale price). Prices do not include VAT (value added tax) and similar deductible taxes and duties directly linked to turnover, whereas subsidies on products received by the producer, if there are any, are added. Prices include discounts and rebates that producers give to buyers.

The domestic producer price index for an economic activity measures the average price development of all goods resulting from that activity and sold on the domestic market. The non-domestic price index shows the average price development (expressed in the national currency) of all goods resulting from that activity and sold outside of the domestic market. When combined, these two indices show the average price development of all goods resulting from an activity.

The indices of domestic and non-domestic prices require separate producer price indices to be compiled according to the destination of the product. The destination is determined by the residency of the third party that has ordered or purchased the product. Producer prices for the non-domestic market are further subdivided into producer prices for products sold to euro area markets and non-euro area markets.

Accounting conventions: Transaction prices for the reference month are reported for the period from the 16th of the previous month to the 15th of the observed month. 

Reporting unit: enterprise.

Observation unit(s): products (PRODCOM-list).

The target population comprises of enterprises and their units that according to their principal activity belong to the following sections of activities according to the NACE Rev. 2: B – Mining and quarrying, C – Manufacturing, D – Electricity, gas, steam and air conditioning supply and E36 – Water collection, treatment and supply.

Prices for the producer price index were reported by 657 reporting units; prices of products for sale on the domestic market by 555 reporting units and on non-domestic markets by 331 reporting units.

Reference area is the whole territory of the Republic of Slovenia.

Reference period: Month.

Accounting conventions: Reporting units are asked to provide average transaction prices for the period from the 16th of the previous month to the 15th of the current month.

The accuracy of producer price indices is considered to be good. The different processes are directed to eliminate or minimize such errors, both in the collection phase and in the subsequent editing and imputation.

Indices.

Non-response: In order to ensure a full response for all surveyed units micro-estimates are made every month. Missing values are edited using the historical imputation method for temporarily unavailable products or mean imputation method for permanently unavailable products. This is done until December, when re-sampling is made and a product of new quality which will be produced in large amounts over a longer period of time is selected and introduced into the index.

Type of index: Laspeyres type of index is used.

  1. Individual indices for each product (at the lowest level of detail = 9-digit NIP codes or 8-digit PRODCOM codes respectively) for each observation unit are compiled from prices for the current and the base month (= December of the previous year).
  2. The individual product indices are aggregated into higher level indices using weights from the Annual Survey on Industrial Production from the base year 2021 recalculated on the basis of December of the previous year.
  3. The 4-digit level indices are combined using the same source weights. The weighted combination is done for all levels of the Standard Classification of Activities (SKD 2008; Slovene version of NACE Rev. 2) and MIGs including an industrial total.
  4. In December of each year the products that are no longer representative or are permanently unavailable are replaced with products that have become important (higher share of turnover). Also new products are introduced in December of each year on the basis of annual industry reports and proposals from the observation units.

Method of weighting and chaining: Weights are based on kind of activity unit (KAU). The main source of weights is data from the Annual Survey on Industrial Production (IND/L) for the year Y-2, which comprises the data on total sales on the domestic market and on non-domestic market separately by 9-digit NIP (product) headings for each enterprise as well as data on higher levels of aggregation (for example Classes, Groups, Divisions, Subsections and Sections of SKD 2008). In the process of preparing weights the data on sales on higher aggregation levels derived from IND/L are further recalculated to the price of the base month, namely December Y-1. Weights are updated every year.

Type of source: Statistical survey.

Frame on which the source is based: Statistical Business Register of Slovenia (SPRS).

Sample: Data collection is based on a sample.

  • A list of reporting units is determined on the basis of threshold coverage (i.e. cut-off sampling). The main criteria for the selection are activity and turnover within a NACE Rev. 2 activity class. Source of data is the Annual Survey on Industrial Production (IND/L). Selected are as many units as needed to achieve 60–70 % of total sales value in a particular class.
  • Products are selected according to the sales value from the Annual Survey on Industrial Production report using additional information from producers. From each class of NACE Rev. 2 the products with the biggest turnover on the domestic/non-domestic markets are selected. Where possible the selection of products is limited to the products of mass production.

Updating the sample: In 2021, we revised and expanded the list of products whose prices we monitor and the list of reporting units, thus improving the quality of indices. In addition, regular annual updating of the list of products or their specifications is used as the basic method to handle changes in the quality of products. In December of each year, the products that become important are added or used as replacements for products that are no longer representative. In addition, the list of reporting units for each reference year is slightly modified. During the year, we exclude those units that, for various reasons (e.g. bankruptcy, liquidation, acquisition of a business entity), ceased to produce products and we may add new producers that produce similar products.

Monthly.

Data are published no later than 21 days after the end of the reference month, except for January. January data are published no later than 24 days after the end of the reference month. 

Notifications of questionaire availability are sent to reporting units on the 16th of the reference month. If that day is a work-free day, they are sent the next working day. They should be submitted by the 20th day of the reference month. Two days after the rdeadline reminder letters are sent to the non-respondents. There is also a telephone follow up of non-respondents. The questionnaire collection is final by the 6th of the following month.

Survey results are based on the requirements of the EBS-Regulation, which is in use in all EU member countries. This ensures a good comparability between national data and good-quality European aggregates.

Survey results represent Slovenia as a whole (no geographical dimension).

Comparable time series are available from January 2000 on.