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Data Change: Hungary - IPI - Rebased to 2015
Friday, 11 May 2018 11:27 ET
By Jaclyn Zylka
Summary
March 2018 -- For the detailed industrial price index for Hungary, concurrent with dissemination of results for January, the source has advanced the base period from 2010 to 2015 (19 monthly series 2008 to 2017, replaced from 2014).
Detail

The source's press release does not specifically mention the rebasing, but the chart captions have changed (aside from the revision of bulk data).

In response, we have archived the predecessors (2010=100, January 2008 to December 2017) by renaming (with the specifier of "_10"), by marking metadata as "discontinued", and by segregating in the catalog. The one-for-one replacements (2015=100) start as early as January 2014. There are two presentations: not seasonally adjusted (NSA) or working day adjusted and seasonally adjusted (WDASA). The classification is TEÁOR 08, the national adaptation of NACE Rev. 2, with scope of sections B to D.

The series reside in our historical catalog (Hungary » Industry » Industrial production index) and include, for example:

  • IPIID_10UM.IHUN = [DISCONTINUED] Industrial production index: Industrial gross output, (Vol. Index 2010=100, NSA)
  • IPJIDCM.IHUN    = Industrial gross output, (Vol. Index 2015=100, WDASA)
  • IPJMFJCM.IHUN   = Manufacture of electrical equipment, (Vol. Index 2015=100, WDASA)

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.

Please be aware that

By definition, industrial production indexes are volume indexes, i.e., they are adjusted to eliminate the effect of price changes. As such, our concept codes for the replacements have the pattern IPJ?M rather than IPI?M, where "J" denotes "volume index".

Because we have standardized the mnemonics of the replacement series, you will need to recompile your legacy retrievals.

The source reports a "gross output" indicator in addition to "industry excl. water and waste management [B to D]" total.

The source produces a corresponding moving-base (CPPY) subset for industrial production, and parallel indexes for new orders and stock of orders (unfilled orders). These have not been replaced, but we have standardized their mnemonics for consistency. A concordance is attached. We have also moved the latter two subsets to separate nodes in the catalog, for clarity.

  • IPJMFCYUM.IHUN = Manufacture of wood and paper products; and printing, (Vol. Index CPPY=100, NSA)

References

See also

Other
Related ReleaseVolume indices of industrial production [IPI]
SourceHungarian Central Statistical Office (HCSO)
FrequencyMonthly
GeographyHungary
Upcoming
Release DateReference date
08 May 2024Mar 2024
15 May 2024Mar 2024
07 Jun 2024Apr 2024
13 Jun 2024Apr 2024
05 Jul 2024May 2024
12 Jul 2024May 2024
07 Aug 2024Jun 2024
14 Aug 2024Jun 2024
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