DISSEMINATION STANDARDS BULLETIN BOARD (DSBB)

Special Data Dissemination Standard

National flag of China

The Republic of China
Price Index: Producer prices

Last update: Feb 4, 2021

Contact person(s)

Yu-Chia Lin,

Department of Statistics, Directorate General of Budget, Accounting & Statistics (DGBAS),

No.2, Guangjhou St., Taipei City, Taiwan 10065, R.O.C.

Phone: 886-2-2380-3456

Fax: 886-2-2380-3465

Internet e-mail: aking@dgbas.gov.tw

The Data: Coverage, Periodicity, and Timeliness
Coverage characteristics

5.1.1 Statistical presentation

  • The Producer Price Index (PPI) is a Laspeyres index(2016=100), measuring the average changes of selling prices received by domestic producers for their output.
  • The PPI covers 639 items. Most of the prices are collected through a monthly mail survey or Internet Reporting System. The designated companies report the actual selling prices of selected commodities with the same specifications (in principle, price after adjustment for rebate, tax, shipment, etc.) around the 20th of each month.
  • The weights of PPI manufacturers are obtained from the Industrial Production Statistics, National Income Statistics and data provided by relative associations that are gathered in 2019. For non-manufacturers (Agriculture, Forestry, Fishing, Water Supply, etc.), the weights are referred to the Year books of Agriculture, Forestry, Fishing, Water Supply and Electricity.
  • The indices as a whole are normally re-based about five years and the weights are changed every 2-3 years.
Periodicity

4.1.1 Periodicity

Monthly

Timeliness

4.1.2 Timeliness

Around the fifth working day (subject to postponement due to Chinese Lunar New Year or other consecutive public holidays) after the end of the reference month.

Access by the Public
Advance dissemination of release calendar

5.1.3 Advance release calendar

  • In principle, the press release is made around the fifth working day (subject to postponement due to Lunar New Year or other consecutive national holidays) after the end of the reference month. The date of the next release is announced in each news release.
  • A schedule of the precise release dates for the Calendar year is listed on the website:
Access by the Public
Simultaneous release to all interested parties

5.1.4 Simultaneous release

Integrity
Dissemination of terms and conditions under which official statistics are produced, including Confidentiality of individual responses

0.1.1 Responsibility for collecting, processing, and disseminating statistics

  • All statistics collected, compiled and published by the DGBAS are governed by the Statistics Act and the Enforcement Rules.
  • The data on the price indices are disseminated by the DGBAS as a service to the public.
Identification of internal government access to data before release

1.2.2 Internal governmental access to statistics prior to release

The information published in the press release and advance copies of the PPI news release are provided to the President, the Premier, the Vice Premier and the Governor of Central Bank of the R.O.C before official release.

Identification of ministerial commentary on the occasion of statistical releases

1.2.3 Attribution of statistical products

No ministerial commentary is released with these data. Department of Statistics, DGBAS, Executive Yuan provides its own analytical commentary with these data releases.

Provision of information about revision and advance notice of major changes in methodology

4.3.1 Revision schedule

  • PPIs are routinely subject to revision for up to 3 months after preliminary publication. Indices are revised to reflect late reports and corrections received from respondents. A final estimate will be issued in 3 months after initial publication.
  • Major program changes are made on PPI re-basing every 2-3 years. As soon as the re-basing process is finished, the new results are announced in the upcoming February with data of January.
Quality
Dissemination of documentation on methodology and sources used in preparing statistics

5.2.1 Dissemination of documentation on concepts, scope, classifications, basis of recording, data sources, and statistical techniques

Detailed methodological document can be obtained on the website https://eng.stat.gov.tw/public/data/dgbas03/bs3/book/descriptione.pdf

Dissemination of that support statistical cross-checks and provide assurance of reasonableness

4.2.2 Temporal consistency

  • The “Price Index” news release publishes a monthly analysis of price movements and summary tables on the PPI.
  • The e-book “ Price Statistics Monthly” is made available immediately at the time of release.
  • The PPI is further broken down into (a) basic group; (b) time series of PPI.