Motivation: Our national source, the Brazilian Institute of Geography and Statistics (IBGE), reports gross value added by industry as nominal price levels and as chained indices, but not as real price levels.
Response: For analytical consistency, we have created real price counterparts.
Properties: The start date (1996Q1) and units are identical for the two versions. Expect our real series to be revised in accordance with nominal. Supplemental series of this kind are marked in their source metadata with a secondary citation of "Moody's Analytics Calculated."
The series reside in the historical catalog (Brazil » National Accounts » by Value Add » Quarterly » Constant Prices (Moody's Analytics Calculated) and are, for example:
- NACSGVAMQAQ.IBRA = Production approach - Gross value added at basic prices - Mining, (Mil. Ch. 1995 BRL, SAAR)
- NACSGVAFIAQ.IBRA = Production approach - Gross value added at basic prices - Financial intermediation; insurance; pension funds and related services, (Mil. Ch. 1995 BRL, SAAR)
Method:
- For each industry, Real series = Nominal series / (Deflator / 100)
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