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Data Change: Venezuela - WPI - Rebased to 2007
Thursday, 19 Sep 2019 09:03 ET
By Keith Golden
Summary
September 2019 -- For the detailed wholesale price index for Venezuela, concurrent with dissemination of results for January, the source has advanced the base year from 1997 to 2007 (22 monthly series 2003 to 2013, replaced by six from 2007). We have also expanded our extract (22 defunct series, 2003 to 2013).
Detail

After a five-year hiatus, the source has resumed reporting these indicators, but has terminated the breakdown by 19 industries. We have expanded our extract with the "excluding VAT" variant, including the predecessors.

In response, we have:

  1. Archived the predecessors (22 series, 1997=100, including VAT, 2003m1 to 2013m12) by renaming mnemonics with a "V_97" specifier, marking metadata as "discontinued", and segregating in the catalog.
  2. Created replacements for the surviving series (general index, national products, imported products) (3 series, 2007=100, from 2007m1).
  3. Added the "excluding VAT" counterparts (3 series, 2007=100, from 2007m1).
  4. For history, added predecessors of "excluding VAT" (22 series, 1997=100, 2003m1 to 2013m12).
  5. Refurbished the catalog.

Reported dataset properties:

  • Classification: Not applicable
  • Indicators:
    • Wholesale price index incl. VAT by Laspeyres method
    • Wholesale price index excl. VAT by Laspeyres method
  • Measurement: Fixed-base index relative to 2007 (Index 2007=100)
  • Adjustment: Not seasonally adjusted (NSA)
  • Native frequency: Monthly
  • Start date: 2007m1
  • Series count: 6

The active series reside in the historical catalog (Venezuela » Price » Wholesale price index » 2007=100) and include, for example:

  • WPITTUM.IVEN  = WPI: General index [excl. VAT], (Index 2007=100)
  • WPINPVUM.IVEN = WPI: National products [incl. VAT], (Index 2007=100)

Defunct dataset properties:

  • Classification: ISIC Rev. 3
  • Indicator: Wholesale price index excl. VAT by Laspeyres method
  • Measurement: Fixed-base index relative to 1997 (Index 1997=100)
  • Adjustment: Not seasonally adjusted (NSA)
  • Native frequency: Monthly
  • Date range: 2003m1 to 2013m12
  • Series count: 22

The defunct series reside in the historical catalog (Venezuela » Price » Wholesale price index » 1997=100 [DISCONTINUED] » Excluding VAT) and include:

  • WPITT_97UM.IVEN = [DISCONTINUED] WPI: General index [excl. VAT], (Index 1997=100)
  • WPIAP_97UM.IVEN = [DISCONTINUED] WPI: Agricultural products [excl. VAT], (Index 1997=100)

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.

See also

Other
Related ReleaseWholesale price index
SourceCentral Bank of Venezuela
FrequencyMonthly
GeographyVenezuela
Catalog
Upcoming
Release DateReference date
03 Jun 2024Feb 2019