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Production in services (sts_os_p)

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National Reference Metadata in Euro SDMX Metadata Structure (ESMS)

Compiling agency: Statistics Denmark

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The statistics contain monthly indices that show the development of the service industries' turnover and volume production. The development in the enterprises turnover 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 deflated turnover, by dividing turnover from the statistics Purchases and sales by enterprises with price index from Producer price index for services. In this way, it is possible to compare the amount of services sold in the service industries over time.

Data is published t+2M.

12 June 2025

Revenue: Revenue from the sale of products and services arising from the company's primary operations. Revenue is calculated after discounts and is excl. taxes, etc., directly related to the sale. Also includes work performed at own expense and entered under assets, e.g. manufacture of own machines.

Price index: A price index is used to track relative price changes. The price index measure average price changes between two time periods by comparing the price index in the two periods.

Kind-of-Activity Units (KAU).

The statistics consist of industry indices and include the enterprises that are part of the industries. In the underlying statistics, each industry has an individual population and sample.

Denmark, excluding Faroe Islands and Greenland.

Months.

There are no calculations of uncertainty.

Indices.

Indices on Production and Turnover in Service consists of a number of indices.

The turnover is delivered on legal unit. From the Business Register the is information on how many KAU, there is per legal unit. From the statistic Workplaces, job, full-time employment, wage and salary cost we get the average salary cost per workplace and their KAU. For every legal unit a total salary by KAU is calculated. The the turnover is split after share from each KAU in the legal unit.

The production indices are 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). The indices from the Producer Price Index for Services are quarterly data. These quarterly data are converted to monthly data using the spline method.

The Service Production Index statistics are based on existing statistics: Purchases and sales by enterprises. Producer Price Index for Services. Workplaces, job, full-time employment, wage and salary cost.

Monthly.

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

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 2021 and beyond.