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Data Change: Chile - RSI - Reclassified and rebased to 2014
Tuesday, 18 Apr 2017 14:35 ET
By Mary Krajsa, Megan McGee
Summary
March 2017 -- For the detailed retail sales index, the source has advanced the activity classification from ISIC Rev. 3 to 4, and the base year from 2009 to 2014 (15 monthly series 2012-2016, replaced by 19 from 2014). We have also synchronized our SA supplement.
Detail

In response, we have archived the predecessors (ISIC Rev. 3, 2009=100, January 2012 to December 2016) by marking their description metadata as "discontinued" and by segregating in the catalog. The replacements (ISIC Rev. 4, 2014=100) start at January 2014. Reported figures are not seasonally adjusted (NSA).

The seres reside in the historical catalog (Chile » Consumer » Retail Sales Index » 2014=100) and the associated "discontinued" node. They include, for example:

  • WRIROTTUM.ICHL = [DISCONTINUED] Retail Sales Index: Real Value - Total, (2009=100, NSA)
  • WRIRATTUM.ICHL = [DISCONTINUED] Retail Sales Index: Nominal Value - Total
  • WRJRTUM.ICHL   = Retail sales: General index, (Vol. Index 2014=100, NSA)
  • WRJ45UM.ICHL   = Retail sales: Wholesale and retail trade and repair of motor vehicles and motorcycles [45], (Vol. Index 2014=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.

About the dataset:

  • The replacement dataset consists entirely of volume indexes (i.e., adjusted to constant prices); the predecessor had a value index (at current prices) version of the general index.
  • Classifications CIIU Rev. 3 and CIIU Rev. 4 2012 are the Chilean localizations of UN ISIC Rev. 3 and Rev. 4, respectively.
  • Unlike the prior retail sales index ("IVCM"), the "trade activity index" ("IAC") includes wholesale and retail trade to provide a more complete and accurate analysis of the commerce sector in a single index.

About our extract:

  • We have standardized the mnemonics of the replacement series. Continued use of legacy baskets will retrieve the discontinued series.
  • For analytic convenience we have extended the history of the NSA general index, improving the start date from January 2014 to January 2005, by using the corresponding predecessor (2009=100).
  • As a supplement, we compute a seasonally adjusted (SA) counterpart to the general volume index. We have synchronized this (WRIROTTAM.ICHL vs. WRJRTAM.ICHL).

References:

Other
Related ReleaseRetail Sales Index
SourceNational Institute of Statistics (INE)
FrequencyMonthly
GeographyChile
Catalog
Upcoming
Release DateReference date
03 Jul 2017May 2017
02 Aug 2017Jun 2017
01 Sep 2017Jul 2017
03 Oct 2017Aug 2017
03 Nov 2017Sep 2017
01 Dec 2017Oct 2017