Argentina - Wholesale Price Index





Argentina: Wholesale Price Index

Mnemonic WPI.IARG
Unit Index 2015=100, NSA
Adjustments Not Seasonally Adjusted
Monthly
Data Mar 2019 323.46
Feb 2019 310.72

Series Information

Source National Institute of Statistics and Censuses of the Argentine Republic (INDEC)
Release Wholesale Price Index System
Frequency Monthly
Start Date 1/31/1996
End Date 3/31/2019

Argentina: Price

Reference Last Previous Units Frequency
Consumer Price Index (CPI) Apr 2019 213.05 205.96 Index Dec2016=100, NSA Monthly
Producer Price Index (PPI) Mar 2019 322.35 310.25 Index 2015=100, NSA Monthly
Wholesale Price Index Mar 2019 323.46 310.72 Index 2015=100, NSA Monthly

Release Information

Wholesale price index of Argentina expressed in year-over-year percent change.  There are 3 different indexes used in the wholesale prices: Internal Index Wholesale Prices (IPIM), Internal Basic Price Index Wholesale (IPIB) and Basic Price Index Producer (IPP).

These 3 indexes are used in combination to gather a more robust understanding of wholesale prices within Argentina.

The system wholesale price index was create to provide alternatives to information on price developements at the wholesale stage.  There are three different rates:

Internal Index Wholesale Prices (IPIM)

This measures the average evoluton of proces which the producer or importer sells the products in the domestic market.  Value Added Tax (VAT), excise taxes on fuel, net of explicit subsidiaries are included.  Explicit subsidiaries may include capital goods.  The export value of caluclating the relative weight of each activity is excluded since it it being sold domestically.

Internal Basic Price Index Wholesale (IPIB)

The weighting is done in two levels: the activity and the product.  The source weights the products within the activities.  The information in gathered from 1,400 reporting units, 2,800 prices that make up the calulation of the three indicators, and includes producers and importers across the country.  The Laspeyres type formula is used.  The IPIB does not inclide the tax effect 

Basic Price Index Producer (IPP)

This measures the average change of priecs perceived by local producers for it's production.  The supply of imported goods is excluded.

Previously, series were reported as an index.  Revisions may occur if source decides to advance the base year.