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Data Change: Bangladesh - Wage Rate Index - Redefined
Wednesday, 07 Nov 2018 10:45 ET
By Jaclyn Zylka
Summary
November 2018 -- For the Wage Rate Index (WRI) for Bangladesh, the source has terminated the sex breakdown, expanded the industry breakdown, and improved the frequency (12 quarterly series 2006 to 2009, replaced by four monthly series from 2012).
Detail

In response, we have:

  1. Archived the predecessors (FY 2007, 2006Q1 to 2009Q4) by renaming with an "_07" specifier, marking the metadata as "discontinued", and segregating in the catalog.
  2. Created replacements (FY 2011)
  3. Assigned standardized mnemonics to both subsets.
  4. Refurbished the catalog.

Predecessor dataset properties:

  • Industry breakdown: Agriculture, non-agriculture
  • Figures: Fixed-base value index relative to fiscal year 2007 (Index FY 2007=100) or volume index (Vol. Index FY 2007=100)
  • Adjustment: Not seasonally adjusted (NSA)
  • Native frequency: Quarterly
  • Date range: 2006Q1 to 2009Q4

Replacement dataset properties:

  • Industry breakdown: A3 agriculture, industry, services
  • Figures: Fixed-base index relative to fiscal year 2011 (Index FY 2011=100)
  • Adjustment: Not seasonally adjusted (NSA)
  • Native frequency: Monthly
  • Start date: January 2012
  • Subject to revisions? Yes

The series reside in the historical catalog (Bangladesh >> Labor Markets >> Wage Rate Index) and include, for example:

  • LWIWGTM_07UQ.IBGD    = [DISCONTINUED] Labor: Wage Rate Index - General - Male, (Index FY 2007=100, NSA)
  • LWJWGTXAFF_07UQ.IBGD = [DISCONTINUED] Non-agriculture - Female, (Vol. Index FY 2007=100, NSA)
  • LWIWGTUM.IBGD        = General, (Index FY 2011=100)
  • LWIWGSVUM.IBGD       = Service, (Index FY 2011=100)

Because catalog locations are subject to change, the upper-right search box on DataBuffet.com provides a "find in catalog" mode that accepts a mnemonic.

About the dataset

The Wage Rate Index is designed to describe hourly and unskilled labor, and excludes salaried labor and skilled contracts.

The fiscal year of Bangladesh is July-June, as with Pakistan, but unlike India (April-March).

Other
Related ReleaseWage Rate Index
SourceBangladesh Bureau of Statistics
FrequencyMonthly
GeographyBangladesh
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