|Adjustments||Not Seasonally Adjusted|
Due to the source not updating data in all of 2014, we have decided that we will now check for new data once a month.
The Producer Price Index is obtained using data from the Monthly Price Surveys of the Private Manufacturing Sector, which gather information from 1,077 establishments located in the 5 major cities of the country (Caracas Metropolitan Area, Maracay, Valencia, Barquisimeto, and Maracaibo) and their surrounding areas.
The basket surveyed is disaggregated into Divisions, Group and Class of Activity. The establishments report price information on 6,362 specific leading products and 327 product lines (7 digits). The base year of this indicator is 1997, in accordance with the new base of the System of National Accounts.
The methodology and data sources are available at the Office of the Manager of Economic Statistics, Nonfinancial Private Sector Statistics Department, and on the BCV website(http://www.bcv.org.ve/c2/indicadores.asp).
Data is subject to revisions.