Portugal - Producer Price Index (PPI)

For Portugal, the Industrial Production Price Index (PPI) shows the evolution of prices for various economic activity sectors in the internal market. The source performs a survey of the prices on the production of industrial products, by method of electronic form, sampling companies with headquarters located in the national territory.

Active:

• Framework: EU
• Classification:
  • Taxonomy: CAE Rev. 3, the local adaptation of NACE Rev. 2
  • Scope: Sections B to E
  • Aggregations: Individual sections, MIG
• Measurement: Fixed-base value index relative to 2021 (Index 2021=100)
• Adjustment: Not seasonally adjusted (NSA)
• Native frequency: Monthly
• Start date: Uniformly 2015m1

Predecessors:

• 2015=100 - 2010m1 to 2024m1 ("_15")
• 2010=100 - 2010m1 to {2016m8, 2016m9} ("_10")
• 2005=100 - {2005m1 ... 2005m10} to 2013m8 ("_05")
• 2000=100 - 2000m1 to 2008m12 ("00")

Global concept aliases:

• PPI.IPRT

The source writes:

Target population: Companies headquartered in the national territory whose economic industry classification falls within sectors B,C,D and E of the CAE Rev.3 classification system. To qualify, the companies production or goods must in whole or in part, be attributed to the national market. 

The source uses a three phase system to determine a sample. First products for each economic activity are listed in descending order of sales values and selected until at minimum coverage of 70% of the value of each group is acheived. This guarantees that the minimum coverage of all classes that are members of each group does not fall below 40%. The source then choses enough companies from the first phase so as to acheive a minimum coverage of 80% of sales of those products to the domestic market. Finally, the source sends this list to companies producing the selected products requesting the indication, position, their detailed specifications and the representative of the sales in the domestic market. 

The sample is made up of about 2160 companies, with about 11300 prices being collected monthly.

Moody's Analytics supplements

For the general index, we back-extend (2000m1 to 2014m12) and construct a seasonally adjusted supplement.

The source reviews the prior two months data with every months update. The source also performs an annual review of the prior years data with the March update. 

The index base year is advanced every fifth year.

Further reading

At the source:

• 182 - Índice de Preços na Produção de Produtos Industriais (Base 2010)
• 182 - Índice de Preços na Produção de Produtos Industriais (Base 2015)

At IMF (SDDS Plus):

• Production index (Jan 2024)
• Price index: Producer prices (Jan 2024)

• Sep 2005 - Initial version.
• Mar 2009 - Rebased to 2005 and reclassified.
• Oct 2013 - Rebased to 2010.
• Nov 2016 - Rebased to 2015.
• 30 Apr 2024, Phillip Thorne - Rebased to 2021: Properties, Further reading.