Venezuela - Industrial Production

Venezuela: Industrial Production

Mnemonic IP.IVEN
Unit Vol. Index 2007=100, NSA
Adjustments Not Seasonally Adjusted
Monthly 21.41 %
Data Jan 2019 22.63
Dec 2018 18.64

Series Information

Source Central Bank of Venezuela
Release Industrial Production
Frequency Monthly
Start Date 1/31/1997
End Date 1/31/2019

Venezuela: Business

Reference Last Previous Units Frequency
Industrial Production Jan 2019 22.63 18.64 Vol. Index 2007=100, NSA Monthly
Change in Inventories 2014 96,625,349,000 113,445,208,500 NCU Annual
Real Change in Inventories 2014 2,823,327,000 5,208,353,000 NCU Annual

Release Information

The Industrial Production indices (IPI) are compiled by the Central Bank of Venezuela (BCV). The indices cover production volume and value of the private manufacturing sector. 2007 is the reference year and basis for comparison in accordance with the National Accounts data.

A Producer's Price Index (PPI) is reported in conjunction with the IPI data.

For all indices, detailed data stratified by product category is also provided.

Industrial production indices are provided by Volume and by Value, and are calculated using the Laseyres method.

The Producer's Price Index is calculated using the Paasche method.

The data on production are obtained from sample surveys of 1,077 incorporated enterprises with five (5) or more employees located in the five major cities of the country (Caracas Metropolitan Area, Maracay, Valencia, Barquisimeto, and Maracaibo) and their surrounding areas.

At the source: