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Production in industry (sts_ind_prod)

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National Reference Metadata in Euro SDMX Metadata Structure (ESMS)

Compiling agency: Statistics Sweden

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Industrial Production Index, IPI. The main purpose of the industrial production index is to measure the change in the production of all the sectors of the entire industry. 

13 June 2025

The Industrial Production Index shows the changes in value added. The index is estimated using following data:

  • Deflated turnover: Turnover deflated with producer prices for both domestic and export markets. Approximately 95 percent of the sub-sectors are estimated using this source.
  • Production volumes (Volumes): Volumes of produced goods. 

Reporting unit: Kind-of-activity units.

Observation unit: Kind-of-activity units.

The target population for the surveyed enterprises is kind-of-activity units in NACE Rev. 2. sections B and C.

The frame for identifying the population is the Swedish Statistical Business Register (SBR). The frame is drawn in March.

The target population consists of approximately 50 000 enterprises.

Demographic changes are constantly maintained in the sample population where a change has to be entered into the SBR in order to be entered in the sample population. Demographic changes are e.g. bankruptcy of an enterprise, the purchase or selling of an enterprise in sample population, mergers etc.

All regions of Sweden are covered.

The reference period is calendar month.

There are a number of sources for inaccuracy in the Industrial Production. This is an attempt to structure the possible sources for inaccuracy and to qualitatively describe the effects.

Coverage: The turnover survey covers the whole industrial sector i.e. kind-of-activity units involved in industrial activities. The frame is constructed using a "frozen" version of the business register, so enterprises entering into the business register after this freezing moment are considered undercoverage, and enterprises exiting the frame after this moment are considered overcoverage.

Sampling: No sample is used. Vat data is collected for small enterprises (1-4) and survey data is used for larger enterprises (5-8).

Nonresponse: Nonresponse is handled by imputation methods for both item and object nonresponse. The imputation method consists of a list of ranked alternatives where the first alternative is used if the input value meets a set of criterias. If the first alternative is not possible due to failure to meet the criterias the next alternative is used and so on. The process is automated using the BANFF-system in SAS.

Data processing: Turnover is deflated using producer price indices and weighted using value added from the quarterly national accounts. Errors and inconsistencies in those data sources may affect accuracy of the Industrial Production Index.

Model assumptions: The frame is constructed using a cutoff where units over the cutoff that together have the top 95 % of the yearly turnover. The turnover for the units under the cutoff are assumed to have the same devlopment in turnvover as the units over the cutoff.

The final result is an index with base year equal to 100. Data used as input are deflated turnover in SEK and production volume in quantitites.

Missing observations from unit and item non-responses are delt with by using automatic imputations carried out by the estimation programs.

The estimator is an Horvitz-Thompson type of estimator combined with VAT-information.

The index method is a chained Laspeyre-index with weights updated each year using annual overlap.

Weights used in the index calculations are value added from the Structural Business Statistics modified by the National Accounts. Weights are updated yearly.

A program developed by Statistics Sweden fetches data from the internal databases and converts it to sdmx-fil in order to transmit the data to Eurostat.

Input data comes from three different sources. The sources and their corresponding part of the Industrial Production Index are:

Administrative data on turnover for small and medium sized enterprisees: VAT data from the Swedish Tax Agency are used.

Enterprise survey on turnover for large sized enterprises: Approximately 98 percent of the enterprises use an electonic questionnaire and approximately 2 percent use paper questionnaires.

Stratification variables are NACE Rev.2 activity and size of yearly turnover. Size classes are created using the Dalenius-Hodges rule.

The frame is drawn in March each year.

Production volumes: Collected through various trade associations and reported to Statistics Sweden.

The frequency of dissemination is monthly to all users.

Data is released no later than one month plus 10 days after the end of the reference period. All aggregation levels and sub-sectors are released at the same time.

Data collection

Turnover: Questionnaires are sent to the reporting units at the end of the month of the reference period asking for replies by the 15th of the following month. Data collection is normally closed 3 days before publishing.

Production volumes: Questionnaires are sent to the reporting units at the end of the month. The reporting unit has approximately 4 weeks to reply.

The same statistical concepts are applied in the entire Swedish national territory. No geographical discrepancies exist.

Comparability over time is mostly affected by changes in NACE classification system. The transition from NACE Rev.1.1 to NACE Rev.2 meant that other publishing industry than recycling industry is not included in the industry.

Another factor that affects the comparability over time is the transition from a fixed-base index to a chain index in 2005.

In April 2015 Statistics Sweden changed the methodology mostly with respect to sampling and estimation. In order to avoid breaks, the time series were spliced together based on the information from collecting and estimating statistics with both old and new method.

From start of the survey in 1968 a gradual transition has occured from the use of production volumes and hours worked to turnover as an input in the estimation.

At the transition from NACE Rev.1.1 to NACE Rev.2 the Industrial Production Index was re-estimated back to 2000.

In NACE Rev.1.1 time series exist from 1990M01 to 2008M12.

In NACE Rev.2 time series exist from 2000M01 to current.

In the time series no differences in length exist between monthly, quarterly and yearly data.