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Data Change: Vietnam - IPI - Rebased to 2015
Friday, 07 Sep 2018 10:27 ET
By Jaclyn Zylka
Summary
March 2018 -- For the detailed industrial production index of Vietnam, concurrent with dissemination of results for January 2018, the source has advanced the base period from 2010 to 2015 (27 monthly series 2008 to 2017, replaced by 26 from 2008).
Detail

In February 2018, the source wrote (citation (pdf)):

From January 2018, IIP is calculated and announced based on the base year 2015.

In response,we have:

  1. Archived the predecessors (Index 2010=100, January 2013 to December 2017) by renaming with an "_10" archiver, marking the data as "discontinued", and segregating in the catalog.
  2. Created one-for-one replacement series (Index 2015=100), with a start date as early as January 2008.
  3. Updated metadata.
  4. Refurbished the catalog.

Dataset properties:

  • Classification:
    • Probably VSIC 2007, which aligns with UN ISIC Rev. 4 at the three-digit level
    • Sections B to E
  • Measurement: Fixed-base value index (Index 2015=100)
  • Adjustment: Not seasonally adjusted (NSA)
  • Native frequency: Monthly
  • Start date: January 2008
  • Subject to revisions: Yes
  • Lag: One month from the end of the reference period

The active series reside in the historical catalog (Vietnam » Industry » Industrial Production Index » By industry » 2015=100) and the predecessors under the associated "discontinued" node. They include, for example:

  • IPITT_10UM.IVNM = [DISCONTINUED] Industrial production index: All industries, (Index 2010=100, NSA)
  • IPITTUM.IVNM    = All industries, (Index 2015=100, NSA)
  • IPI1050UM.IVNM  = Manufacture of dairy products [1050], (Index 2015=100, NSA)

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

For the 26 replacement series, we have assigned standardized mnemonics, which include the following (old » new). For a full list, see the attached concordance. Subsequent use of legacy retrievals will elicit "series not found" errors because they match neither the 2010-base (with archived mnemonics) nor 2015-base (with standardized mnemonics) subsets.

  • IPIMFADMUM.IVNM » IPI2640UM.IVNM
  • IPIMFAPNUM.IVNM » IPI1410UM.IVNM

References

Other
Related ReleaseIndustrial Production Index
SourceGeneral Statistics Office of Vietnam
FrequencyMonthly
GeographyVietnam
Upcoming
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