Venezuela - Industrial Production





Venezuela: Industrial Production

Mnemonic IP.IVEN
Unit 1997=100, NSA
Adjustments Not Seasonally Adjusted
Monthly 1.26 %
Data Sep 2013 119.96
Aug 2013 121.49

Series Information

Source Central Bank of Venezuela
Release Industrial Production
Frequency Monthly
Start Date 1/31/1997
End Date 9/30/2013

Venezuela: Business

Reference Last Previous Units Frequency
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
Industrial Production Sep 2013 119.96 121.49 1997=100, NSA Monthly

Release Information

The Industrial Production index is compiled by the Central Bank of Venezuela (BCV). The index (Laspeyres type) covers production volume of the private manufacturing sector. It takes 2007 as the reference year and basis for comparison in accordance with the National Accounts data.

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.

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.

Data are subject to revisions.

More information on the methodology can be found here. The document is provided in Spanish language only.