Israel - Wholesale Price Index





Israel: Wholesale Price Index

Mnemonic WPI.IISR
Unit Index 2020=100, NSA
Adjustments Not Seasonally Adjusted
Monthly 0.18 %
Data Sep 2021 110
Aug 2021 110.2

Series Information

Source Central Bureau of Statistics - Israel
Release Index of wholesale prices of manufacturing output for the domestic market [WPI]
Frequency Monthly
Start Date 1/31/1968
End Date 9/30/2021

Israel: Price

Reference Last Previous Units Frequency
Consumer Price Index (CPI) Sep 2021 102.2 101.9 Index 2020=100, SA Monthly
Wholesale Price Index Sep 2021 110 110.2 Index 2020=100, NSA Monthly

Release Information

For Israel, the "index of wholesale prices of manufacturing output for the domestic market" measures the developments in the output prices obtained by industrial manufacturers, for a fixed set of products and services included in industrial output, during the first stage of marketing in Israel. Its main use is deflation of the series of industrial output value compiled at current prices. Some components serve to link producer prices in the manufacturing branches. It is published under the heading "producer price indices" as part of the the "Price Statistics Monthly" suite.

Active:

  • Classification: Standard Industrial Classification of All Economic Activities – 1993
  • Measurement: Fixed-base index relative to 2020 (Index 2020=100)
  • Adjustment: Not seasonally adjusted (NSA)
  • Native frequency: Monthly
  • Start date: Uniformly 2021m1

Predecessors:

  • 2010=100 - 1983 (headline) or 2013 to 2021m1
  • 2005=100 - As early as 1995 to 2013m1
  • 1994=100 - 1995 to 2005

The source writes:

The index population includes all establishments of the manufacturing divisions which include mining and quarrying industries, as defined in the Standard Industrial Classification of All Economic Activities. The diamonds industry is excluded. The index frame includes all industrial products and intermediate products, whether they are sold to other establishments or other branches in the domestic economy. Intermediate products, which serve for further production within the industrial establishment, are not included, since this part of the output is not sold. The index measures about 1,800 types of products and services for the entire country, excluding Judea, Samaria and Gaza area.

The prices collected are the prices received by producers "at factory gate", the prices are net transaction prices (after discount and credit) and include all taxes (also VAT).  The collection of prices in each establishment is conducted monthly. Prices are collected between the 20th in the current month and the 5th of the following month. Prices relate to the 20th of each month, exception: for a list of products average prices are collected. This list includes mainly products with few price changes during the month (poultry, meat, etc.) and products with controlled prices (bread, milk, fuel, etc.).

Moody's Analytics supplements

We extend the manufacturing index. We produce a seasonally adjusted counterpart using X-13ARIMA-SEATS.

Further reading

At the source: