Transcript CIS ICP Sept 2012

Interstate Statistical Committee of the Commonwealth of Independent States
(CIS-STAT)
CIS ICP – September 2012
Status Report
Andrey KOSAREV
ICP 7-th Regional Coordinators Meeting
World Bank, Washington D.C.
September 19-21, 2012
Issues
I. Household consumption survey
II. Other price surveys
III. National accounts activities
IV. Overall risk assessment
V. Upcoming regional activities
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I. Household consumption survey
Prices for 2344 consumer goods and services were collected by the CIS
countries during 2011.
Average annual prices for consumer items were submitted by the national
statistical services to the CIS-STAT.
The key point in the validation process was the discussion at the regional
meeting in Moscow, on June 18-22, 2012. The ICP experts from 9 CIS countries
and the CIS-STAT attended the meeting. Y.Dikhanov and S.Sergeev took part in
the discussion.
A coordinated decision was adopted; countries realized necessary adjustments
during the July and submitted the corrected data to the Regional Coordinator.
After introducing comments and corrections into the price data, the preliminary
average annual prices for consumer items were sent to the ICP Global Office in
August, 2012.
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II. Other price surveys (1/4)
Machinery and equipment
The CIS regional list of investment items contains 563 items.
The average annual prices for investment items were received by the CISSTAT from the countries at the beginning of March 2012.
Verification and reconciliation of prices for investment items took place at the
regional meeting of CIS experts on March 27-30, 2012 in Moscow. The
diagnostic tables were discussed and the errors were revealed. Adjusted data
on prices for machinery and equipment were sent to the Regional Coordinator
in August, 2012.
The diagnostic tables show some small questions remained. The finally
validated price data on machinery and equipment will be sent to the ICP Global
Office by December, 2012.
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II. Other price surveys (2/4)
Construction
Comparisons on construction in the CIS ICP is based on the method of
Resource-Technological Models (RTM) which envisages:
- provision by statistical services of the CIS countries of the information on
average prices for 65 kinds of unified construction materials and statistical
information on the wages and selected value indicators;
- centralized computation of cost for 104 construction projects with the account
of their representativeness at the domestic markets of the countries.
The validation of the price data took place at the regional meeting on March
27-30, 2012 in Moscow.
At present the procedure of reconciliation of data and computation of estimated
costs of construction objects by RTM method is being continued. After the
completion of the computation it is envisaged to make a linkage of data with
regard to comparative construction materials.
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II. Other price surveys (3/4)
Dwelling services
The method of quantity indicators with adjustment for the differences in the
quality of dwellings is applied to compare dwelling services as a component of
GDP for the countries of the CIS region in the 2011 Round, like in previous
comparisons.
The deadline for the submission of the quantity data for comparisons of
dwellings to the Regional Coordinator is September-October 2012.
The quantity data on prices for dwellings will be sent to the ICP Global Office
by December, 2012.
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II. Other price surveys (4/4)
Compensation of employees
Survey of compensation of employees is carried out on a regular annual basis.
The Questionnaire on compensation of employees is brought into line with the
Questionnaire of the Global Office and that one of the OECD/Eurostat.
The deadline for the submission of data on compensation of employees for
non-market services to the Regional Coordinator is October-November 2012.
Information on compensation of employees for non-market services will be sent
to the ICP Global Office by February, 2013.
Education
The survey of prices for education services is a component of a standard
observation of prices and is a part of the regional list of consumer goods and
services. Information was submitted to the ICP Global Office in August, 2012.
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III. National accounts activities
Classification of GDP expenditures for 2011 comparisons was prepared and
presented to the countries at the CIS regional meeting of experts at the end of
2010.
The CIS ICP classification of GDP expenditures includes 183 basic headings
(instead of 155 in the standard ICP classification). The CIS ICP data on GDP
expenditures will be adjusted to the standard ICP classification and will be
comparable with the data of other regions.
A Questionnaire was elaborated for the GDP data on basic headings in national
currency in accordance with the GDP expenditures classification, and
recommendations on filling out the questionnaire will be discussed with the
experts.
The disaggregation of GDP by basic headings for 2011 is scheduled to be done
by all participating countries and sent to the Regional Coordinator in FebruaryMarch, 2013.
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IV. Overall risk assessment
At present there are no grounds to consider any serious risks which could
threaten the successful execution of works on comparisons in the CIS region.
The occurred risk: as it was informed before, Uzbekistan de-facto does not
participate in the comparisons in the CIS region.
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V. Upcoming regional activities (1/7)
2012
September-October – submission of quantity data for the dwellings
comparisons to the Regional Coordinator
October-November – submission of data on compensation of employees for
non-market services comparisons to the Regional
Coordinator
December
– submission of average annual prices for investment
items to the ICP Global Office
December
– submission of average annual prices for construction
materials to the ICP Global Office
December
– submission of data on prices for dwelling services to
the ICP Global Office
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V. Upcoming regional activities (2/7)
2013
February
– submission of data on compensation of employees for
non-market services to the ICP Global Office
February-March
– submission of preliminary GDP data in national
currency for 2011 in accordance with the classification of
the GDP expenditures to the Regional Coordinator
April
– meeting of the CIS experts on GDP disaggregation
March-April
– meeting of the CIS ICP Coordination Council
April-May
– computation of preliminary results of the CIS ICP
May-June
– meeting of the CIS experts to discuss preliminary
results of the CIS ICP
July
– update of the data of the CIS ICP
August-September
– computation of the results of the CIS ICP
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V. Upcoming regional activities (3/7)
2013
September
– submission of regional results of the CIS ICP to the
OECD for integration with the results of the
OECD/Eurostat and further linking with the global results
September
– submission of regional results of the CIS ICP to the
ICP Global Office for experimental linking with the global
results
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V. Upcoming regional activities (4/7)
Linking the CIS ICP results to the Global ICP results
Global ICP
OECD/Eurostat
Round 2011:
experimental linking
Round 2005, Round 2011:
regular linking
CIS ICP
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V. Upcoming regional activities (5/7)
2013
October
– getting experimental linking of the CIS ICP with the
global results from the ICP Global Office
October
– meeting of the CIS experts to discuss the results of
experimental linking with the global results
November
– meeting of the CIS ICP Coordination Council
October-November
– consideration of the last adjustments of the countries
and computation of “final-final” results
November
– transfer of “final-final” results of the CIS ICP to the
OECD
November
– transfer of “final-final” results of the CIS ICP to the ICP
Global Office
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V. Upcoming regional activities (6/7)
2014
March
– meeting of the CIS experts on the analysis of results of
comparisons in construction, harmonization of
methodology
April
– meeting of the CIS ICP Coordination Council
during the year
– dissemination of the results of the Global round of ICP
2011 in the CIS region
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V. Upcoming regional activities (7/7)
In the framework of the ICP advocacy activity in the CIS region, the CIS-STAT
intends to translate the ICP Book into Russian.
We started the translation and will carry out it in accordance with disposable
resources.
In order to introduce our users into the ICP matter better and faster, the
sequence of chapters for translation will not follow the sequence in the Book
strictly, e.g.:
after some first chapters containing a general description of the ICP, the
chapter 23 concerning the application of PPPs in the IMF country estimations
will be translated to show the practical importance of the ICP data.
The translated ICP Book will be posted at the CIS ICP web-site; first texts will
be available by October, 2012.
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Thank you
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