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Data Change: South Korea - Export, import, and terms of trade index - Rebased to 2015
Tuesday, 13 Aug 2019 00:32 ET
By Annie Kao
Summary
July 2019 -- For the detailed trade index and terms of trade index, concurrent with dissemination of results for April, the source has advanced the base year from 2010 to 2015 (68 monthly series 1988 to 2019, replaced by 68 from 1988).
Detail

We are not aware of a specific English-language announcement of the change, but footnotes changed between the March and April editions of the press release.

In response, we have:

  1. Archived the predecessors (2010=100, 1988m1 to 2019m3) by renaming with an "_10" specifier, marking metadata as discontinued, and segregating in the catalog.
  2. Created one-for-one replacements (2015=100), which have an unchanged start date, with standardized mnemonics and metadata.
  3. Refurbished the catalog.

Dataset properties: 

  • Classification: KSIC Rev. 9, an adaptation of UN ISIC Rev. 4
  • Measurements: Fixed-base value index relative to 2015 (Index 2015=100) or volume index (Vol. Index 2015=100)
  • Adjustment: Not seasonally adjusted (NSA)
  • Native frequency: Monthly
  • Start dates: As early as 1988m1

The active series reside in the historical catalog (South Korea » Trade » Foreign trade » By commodity » 2015=100) and (... » Foreign trade » Terms of trade) and the predecessors under the associated "discontinued" nodes. They include, for example:

  • TRIEXMFAUM.IKOR   = Trade: Export price index - Manufacturing - Food products and beverages, (Index 2015=100, NSA)
  • TRJIMMQ_10UM.IKOR = [DISCONTINUED] Trade: Import price index - Manufacturing products, (Index 2010=100, NSA)
  • TRJIMMQUM.IKOR    = Trade: Import price index - Mining products, (Vol. Index 2015=100, NSA)
  • TRITTVA_10UM.IKOR = [DISCONTINUED] Trade: Terms Of Trade Index Income Value - Total, (2010=100, NSA)
  • TRITTINCUM.IKOR   = Trade: Terms of trade index - Income, (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 that accepts a mnemonic.

References

Bank of Korea:

ECOS Economic Statistics System:

See also

Other
Related ReleaseTrade and Terms of Trade Indexes Detail
SourceThe Bank of Korea
FrequencyMonthly
GeographyKorea (Republic of) (South)
Catalog
Upcoming
Release DateReference date
29 Apr 2024Mar 2024
29 May 2024Apr 2024
28 Jun 2024May 2024
31 Jul 2024Jun 2024
30 Aug 2024Jul 2024
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