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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: Croatian Bureau of Statistics

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Index of services production (ISP) measures monthly changes of price adjusted output. It is calculated by deflation of monthly turnover data with corresponding deflator (price index). It covers services activities defined by Nace Rev. 2: sections G, H, I, J, L, M (excl. group 701, divisions 72 and 75) and N.

Monthly turnover data are derived from Monthly Report on Services in combination with administrative data (VAT).

7 August 2025

Index of services production measures the volume of sales in services and trade activities and it is derived from turnover at current prices which is converted into constant prices by procedure of deflation using adequate deflator. Since the intention is to insure changes in the volume of gross output, data on added value from the survey on structural business statistics are used as weights in the calculation of the index of services production.

Turnover comprises the totals invoiced by the observation unit during the reference period, and this corresponds to market sales of goods or services supplied to third parties. Turnover also includes all other charges linked to the buyer, even if these charges are listed separately in the invoice. Turnover excludes VAT and other similar deductible taxes directly linked to turnover as well as all duties and taxes on the goods or services invoiced by the unit. 

Since January 2024, the base year has been changed to 2021 and the new observation unit is a kind-of-activity unit (KAU).

The target population for turnover data are business entities (legal units, tradesmen and free lances) which main activity is one of the activities that are proposed by the EBS Regulation (listed under 3.1), regardless on their size.

The frame for identifying units for the population is the Statistical Business Register.

Geographical area covered: Republic of Croatia.

Reference period is month.

Accuracy of ISP data depends on input data and on correct processing of the data.

Only index numbers are disseminated as a result of the compilation of ISP.

Statistical process for calculation of ISP includes:

1. Gathering of all the sources, needed for the ISP calculation.

2. Estimation of monthly indices for the groups for which the quarterly indices are determined as deflators. This has been done by two different procedures:

  • Estimation (forecast) of monthly indices on the basis of auxiliary indices or historical indices in the months when the quarterly indices are not yet on disposal;
  • Disaggregation of quarterly price indices when the quarterly indices are on disposal. With this procedure monthly indices for all three months of the quarter are estimated at once.

3. Deflation of the nominal turnover  at micro levelin order to get the deflated turnover.

4. Calculation of the annual “real indices” (indices calculated from deflated turnover) on the level of 3-digit Nace groups (3-digit indices).

  • Adjustments of indices from transport statistics (physical indicators) on 3-digit level;
  • Disaggregation of quarterly base year index series;
  • Calculation of annual indices from base year indices;
  • Joining together annual indices on 3-digit level from two sources: real indices and adjusted physical indices.

5. Calculation of annual indices for higher level activity groups, by calculating weighted arithmetic mean of the 3-digit level indices.

6. Calculation of base year indices (for all levels) by using the annual index and base year index from the same month of previous year.

7. Calculation of all other indices from the base year time series indices.

Main source data for ISP calculation is monthly turover from MTOS database. Monthly turnover on a micro level is used to carry out a deflation in order to get volume indices (ISP).

Source data for calculation of Index of Services Production are also different price indices. These pruce indices are:

  • Monthly and quarterly Services Producer Price Indices (SPPI);
  • Monthly Consumer Price Indices (CPI);
  • Monthly Producer Prie Indices (PPI);
  • Quarterly Agriculture Price Indices (API).

There is also inputs that are not a price index and are used for ISP calculation:

  • Quarterly indices from Transport statistics – phisical indicators (PHI);
  • Monthly indices of average gross salaries (IAS).

Monthly.

Results are published 60 days after the end of the reference period in STS Database. On the same day, data are diseminated to Eurostat.

Same statistical concepts are applied in the entire national territory; there is no problem of geographical comparability.

Data are also comparable with other countries because the methodology is based on the same regulations.

Data for all activities are available from January 2010. Until the end of 2023, the length of the series is 168 months.