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Index numbers of industrial production - work programme

(a) Revision of the manual on index numbers of industrial production

The revision of the manual on Index Numbers of Industrial Production is being carried out at the request of the United Nations Statistical Commission. A detailed outline of the manual was discussed and approved by the Expert Group on Industrial Statistics in July 2007 (see http://unstats.un.org/unsd/industry/meetings/eg2007/ac129-7.pdf). The Expert Group on Industrial Statistics also agreed to the proposed timeline for work on the manual.

According to the schedule adopted by the Expert Group on Industrial Statistics, the first complete draft of the manual will be circulated to the Expert Group for comment in the first quarter of 2008. It is expected that the manual will be presented to the Statistical Commission for approval at its meeting in 2009.

(b) Country practices in the collection and compilation of volume indices

In 2007, the United Nations Statistics Division carried out a worldwide survey of country practices in the collection and compilation of volume indices. The information obtained from that questionnaire was used to:
(a) Provide input for the best practices section of the above mentioned revised manual on Index Numbers of Industrial Production; and
(b) Produce a separate publication on country practices for the collection and compilation of volume indices.

The separate country practices publication outlines methods and practices, by country and industry, for the compilation of index numbers of industrial production. Drafting of this publication is currently underway. The final text is expected to be available by mid-2008.

(c) On-going UNSD activities concerning index numbers of industrial production

The collection of index numbers of industrial production continues on a monthly, quarterly and annual basis, with individual and aggregated indices being published in a number of publications of the Division and, through data-sharing agreements, in publications of other United Nations system agencies.

Index numbers of industrial production for countries, geographic regions and the world are currently available for the period 1991 to the present. Historical data (i.e. data between approximately 1950 and 1991) compiled by the UNSD does exist, but is not fully available in electronic form. Work is therefore underway to add the historical industrial production data to the UNSD website. It is expected that this work will be completed during 2008.