Denmark - Producer Price Index (PPI)

These statistics show the trends in prices relating to the first commercial transaction of each commodity. The statistics can me traced back to 1876 and have been produced with variations since then. The producer price index divided by industries have been calculated since year 2000, and the import price index divided by industries have been calculated since 2005. Price index for domestic supply dates back to 1981.

Active:

• Classification: Danish Industrial Classifications 2007 (DB07)
• Measurement: Fixed-base index relative to 2021 (Index 2021=100)
• Adjustment: Not seasonally adjusted (NSA)
• Native frequency: Monthly
• Start dates: As early as 1981M01

Predecessors:

• 2015=100 - 1981 to 2024, "_15"
• 2010=100 - 1981 to 2018, "_10"
• 2005=100 - 1981 to 2013, "_05"

The source writes:

STATISTICAL PRESENTATION

The Producer and import price index for commodities indicates trends in prices relating to the first commercial transaction for commodities that are produced in Denmark or imported to Denmark.

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STATISTICAL PROCESSING

Approximately 7400 prices are collected from selected manufacturers and importers in Denmark. Of these, approx. 3800 price reports are used to calculate the Producer Price Index for Goods, approx. 3600 to calculate the Import Price Index for Goods and approx. 5900 price reports are used to calculate the Price Index for Domestic Supply of Goods. The prices are automatically validated in connection with the collection and unusually large price developments are subsequently checked manually. The validated price developments are then aggregated in a hierarchical system, where they are weighted according to their importance to the overall price indices.

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ACCURACY AND RELIABILITY

The prices covered by the data collection for the index cover approximately 70 percent of the total turnover in the Danish economy. The weighting basis is based on the National Accounts' product balances, which cover the majority of trade in the first stage of trade within the delimitation of the statistics, and there is constant monitoring of the quality in the sample. The sample is not simply drawn at random, which is why no measure of the sample uncertainty is given.

Only final figures are published.

The producer and import price index for goods is not assessed to have an increased uncertainty as a result of COVID-19, as data collection and thus non-response have remained largely unchanged as a result of the crisis.

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COMPARABILITY

Statistics Denmark has calculated variations of these statistics since 1876. The producer and import price indices for goods exist as an unbroken monthly time series from 2005 to the present. The statistics are compiled according to international standards and can therefore be compared with similar statistics from other European countries.

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CLASSIFICATION

The producer- and import price index for commodities is divided by Industry following Danish
Industrial Classifications 2007 (DB07). Dansk Branchekode 2007 (DB07) is very similar to NACE rev. 2. The only difference is the subdivision of some classes, e.g. 64.20.10 indicates that NACE Rev. 2 class 64.20 has been subdivided whereas 38.31.00 indicates that class 38.31 has not been subdivided.

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Only final figures are published. The index base year is advanced periodically.

At the source:

• Producer And Import Price Index For Commodities
• Revision Policy for Statistics Denmark