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Service producer prices

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National Reference Metadata in Euro SDMX Metadata Structure (ESMS)

Compiling agency: State Statistical Office (SSO)

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Producer price indices are important short-term indicators used to analyze business cycle trends in the service sector and as input to national accounts statistics. They are intended to track price movements that reflect supply and demand conditions in the services market. Service producer price indices in 2024 have been introduced for three types of services: Land and pipeline transport services, Postal and courier services and Telecommunications services. Other services are gradually being introduced in the survey, which will allow the calculation of the total price index of service producers.

The services producer price index is calculated quarterly by sections and divisions.

30 June 2025

TC - transaction price, i.e. price of the same or very similar service to the same or different customers made at least once per quarter.

DC - the price of a full service with a predefined amount of services provided to the same customer for a period of not less than one year. The service is provided under the same contract to the customer at least once per quarter. The scope of the service is precisely defined in the contract (duration of the contract, quantities, prices and other basic price elements), so that the total amount to be paid for the services provided by the contract is determined in advance. If the price is determined by the contract for a longer period, for example, for a whole year, the same price is transferred from quarter to quarter, until the price of the contract is revised.

The selling price of services is the price at which the producer sells its services to buyers, in the largest quantities. The discount is deducted from this price. VAT should not be included in the price. The prices are expressed in denars as a unit of measure of the service.

The average quarterly price of a service is calculated when the total quarterly sales value (taking into account the previous definition) for that service is divided by the total quantity of the same service sold in that quarter.

Reporting units: Enterprises which belong to sections: H/ Transportation and storage (49 Land transport and transport via pipelines and 53 Postal and courier activities) and J/ Information and communication (61 Telecommunications)

Observation units: Services Producer prices by enterprises belonging to sections: H/ Transportation and storage (49 Land transport and transport via pipelines and 53 Postal and courier activities) and J/ Information and communication (61 Telecommunications).

Enterprises in the field of services according to the EBS (European business statistics) regulations for sectors H/ Transportation and storage (49 Land transport and transport via pipelines and 53 Postal and courier activities) and J/ Information and communication (61 Telecommunications)

Republic of North Macedonia.

Quarter

The overall accuracy is not assessed.

Indices.

Editing: The statistical survey is conducted quatrerly on the basis of a sample. Data collection is done via electronic mail, and data control and processing are performed in the SSO. During the data collection, it is possible that the specification for the same service for which the business entity provides us with data may change, or that the service may change during the year. At the beginning of the year, an annual update (replacement) of the sample of enterprises is made from the Statistical Busniess Register.

Imputation: Mean imputation method is used  for non-response data.

Source data: Statistical questionnaire that are submitted to the reporting units and they are prepared with identification data, service codes, name and unit of measure, in accordance with the Classification of Products by Activities (CPA).

It is a sample survey and the framework for sampling Statistical Business Register. The sample is updated annually.

The method by which the data is collected: excel questionnaire filled in by the reporting unit.

Quarterly.

In accordance with the Eurostat Compendium it is 90 days after the end of the reference period. In SSO the data are published in T+60. 

There is geographical comparability of disseminated data at national levels.

Comparability is ensured at the international level, too.

Time series from 2021 according to NKD Rev.2 (2021=100) and time series comparability is ensured in the Makstat database.