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Import prices in industry

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National Reference Metadata in Euro SDMX Metadata Structure (ESMS)

Compiling agency: State Data Agency (Statistics Lithuania)

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The objective of Import price index (IPI) is to calculate the overall price change over a certain period of time for imported goods to Lithuanian Republic territory. The unit weight and imported good price changes are published over a month, year and from beginning of the year. The statistical information is published in accordance with  Statistical Classification of Products by Activity in the European Economic Community (CPA 2.1) divisions (2-digit level), sections (1-letter level) and general IPI, also by Main Industrial Groupings at the national level.

15 June 2025

Detailed definitions of each indicator are described in the Commission Regulation 461/2012.

IPI is a relative indicator measuring the overall change in prices for goods purchased by the residents of the country from abroad over a certain period of time.

Reporting unit is enterprise.

Observation unit(s) is KAU (Kind of activity unit).

Enterprises are chosen with a record of stable production and large share of sales in the respective CPA 2.1 product heading, i.e. the selected reporting units should cover more than 50 percent of import in the respective CPA 2.1 product heading. Small enterprises with less than 4 persons employed are not covered.

The entire territory of the country. Activities outside the Lithuanian territory are not included in the data.

Month.

Data collection is based on a sample from enterprises. Data is collected by web questionnaire and obtained from the Foreign trade statistics database, using the data validation rules. Received IPI results are analyzed, looking for errors, which may affect the final results. Monthly price changes are calculated, more attention is paid to whose representative cost elements price changes, which are ≥ 10 and ≤ -10 percent, as well as those prices, which changed due to the quality, the change of the season. Also, special attention is paid to those price changes, which most influence the general change in the IPI.

Indices, weights, percentage changes (%).

The IPI is calculated from the lowest level, i.e. representative products, to the highest level, i.e. the all-items IPI. In calculating the IPI, the Laspeyres formula is applied. The lowest level price indices are then aggregated into higher level price indices according to the Laspeyres formula according to CPA classification levels: subcategories (6 symbols level), categories (5 symbols level), classes (4 symbols level),  groups (3 symbols level), divisions (2 symbols level), sections (1 letter level) and general IPI. Fixed base weights are used for agregation. The reporting year IPI are linked to previous year IPI using chain method. The linking period is the previous year.

The source of statistical information for the preparation of a weighting structure is foreign trade statistics on the volume of imports for the previous year in value terms. Additional source of statistical information is foreign trade statistical data on imported goods value and amounts.

IPI is produced and disseminates monthly.

On the 45th day after the end of the reporting month, at 9:00 a.m. (local time)

The same statistical concepts and classifications are applied in the entire national territory. Definitions and classifications applied accordance requirements of EU regulations.

The overall quarterly import unit value indices time series is directly linked with IPI time series. From 2006, imported products have been classified and IPIs have been calculated and published based on the CPA 2.1. Before 2006, the Combined Nomenclature was applied; therefore, price indices at a more detailed level are not comparable. IPIs at a more detailed CPA 2.1 level are comparable since 2006.