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Producer prices in industry

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National Reference Metadata in Euro SDMX Metadata Structure (ESMS)

Compiling agency: State Data Agency

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The objective of statistical survey on prices for producer products – to collect statistical data about prices of representative products and to calculate the Producer Price Index (PPI) for industrial production of different periods on the basis of that statistical data.

The objective of the production of the PPI – to determine the overall price change in prices for Lithuanian industrial production sold over a certain period of time.

PPI is used to calculate various indicators at constant prices, to analyse economic development and evaluate industrial inflation processes.

13 June 2025

PPI is a relative indicator reflecting the overall change in prices for industrial products manufactured by Lithuanian producers over a definite period of time. Survey target – actual selling prices of representative industrial products produced and sold by domestic producers on the Lithuanian and non-Lithuanian markets, VAT and excise excluded, including subsidies and taking into account discounts, i.e. basic prices. If the application of discounts is a random phenomenon, e.g. once or twice a year, prices are provided without regard to discounts. Representative industrial products sold on the non-Lithuanian market are valued at FOB prices.

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 PGPK 2022 product heading on the Lithuanian and non-Lithuanian market, i.e. the selected reporting units should cover more than 50 per cent of sales in the respective PGPK 2022 product heading. Small enterprises with less than 4 persons employed are not covered.

Activities outside the Lithuanian territory are not included in the data.

Month.

A purposive sampling method is applied to the selection of product categories (codes). The product categories (codes) at the PGPK 10-digit level are selected. The amount of such industrial production sold accounts for a large part (more than 50 per cent) of production of a corresponding economic activity. The PPI results received are analysed, looking for errors which may affect the final results. Monthly price changes are calculated; closer attention is paid to those producer price changes which are ≥ 10 and ≤–10 per cent, as well as those prices which changed due to quality, the change of the season. Moreover, special attention is paid to those price changes which had the largest impact on the general change in the PPI.

Index. Weights and rates of change in prices are expressed in per cent (%).

The PPI is calculated from the lowest level, i.e. representative products, to the highest level, i.e. the all-items PPI. In calculating the PPI, the Laspeyres formula is applied. The lowest-level price indices are then aggregated to higher-level price indices according to EVRK Rev. 2 levels: divisions (2-digit level),  sections (1-letter level), all-items PPI, and by Main Industrial Groupings at the national level. Fixed base weights are used for aggregation. PPIs for the reference year are linked to the PPIs for the previous year using a chain-linking method.

Missing prices estimate used the price of the previous month; may be repeated in case if the price of the analogous product in other enterprises has not changed or has changed very inconsiderably;

The missing price may be imputed by using the price index computed with reference to the prices of other products of the same kind of industry activity.

Compilation of the producer price index for industrial producion metholdology: 

Methodological documentation.

Sources of weights – statistical data of the Industry Statistics Division on the amount of industrial production sold in value terms, VAT and excises excluded. Enterprises selected for the survey provide statistical data on prices for industrial products sold on the Lithuanian and non-Lithuanian market on a monthly basis. Such statistical data serve as a basis for the calculation of PPIs and their changes.

PPI is produced and disseminated monthly.

The PPI is published on the 7th working day after the end of the reference month, at 9:00 a.m. (local time). PPI data for January each year are disseminated on the 9th working day, due to introduction of the updated weights.

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

From 2009, Statistics Lithuania has been publishing the PPI and price changes based on a new revision of EVRK (EVRK Rev. 2). Since 1998 PPI is comparised.