Background Notes Table A: 2014 Summary of deflation methods used for products. Industry

Transcription

1 Background Notes Table A: 2014 Summary of deflation methods used 1 Agriculture Published CSO Agricultural Output price index adjusted to basic prices 2 Forestry Rough timber (including plain sawn) index from Wholesale Price Index (WPI) Table 3 3 Fishing WPI Producer Price Index 10.2 Processing & preserving of fish 5 Mining of coal and lignite 6 Extraction of crude petroleum and natural gas Producer Price Index from the WPI release 5 9 WPI Producer Price Index WPI Table 5 Petroleum fuels Agricultural Output Price home produced element of inter industry use (IIU) plus UV 1 element of IIU Rough timber from WPI Table 3 plus UV 2 apart from where Rough timber alone was used WPI 10.2 and UV 3 WPI 5-9 and UV 5 Petroleum Fuels (Energy excluding electricity) from WPI Table 5 inter industry use by 19 and 35. WPI 5 9 and WPI Table 5 Personal Consumption Expenditure (PCE): Consumer Price Index (CPI) sub-indices Fresh fruit, Potatoes and Other fresh vegetables PCE: CPI Materials the maintenance and repair of the dwelling PCE: CPI Fresh or chilled fish PCE: CPI Solid fuels PCE: CPI Petrol expenditure: average of relevant CPI indices covering Fuel Agricultural Output price index Producer Price Index (PPI) Export sales 10.2 from WPI PPI Export sales 5 9 from WPI Producer Price Index Export sales 5 9 from WPI

2 Background Notes Table A: 2014 Summary of deflation methods used 7 Mining of metal ores 8 Other mining and quarrying 9 Mining support service Producer Price index from the WPI release 5 9 WPI PPI 8 Total sales PPI 5 9 from the WPI 10 Food WPI PPI Beverages WPI PPI Petroleum fuels other industries. WPI 5 9 and unit value index 7 For IIU used Stone, Sand and Gravel Index from the Building & Construction Materials price indices in Table 3 of the WPI. All other IIU industries by weighted Import UV index 8 and WPI PPI Home sales 8. WPI PPI Home Sales 5 9 and WPI PPI Total Sales s. 10 and UV 10 Gross fixed capital mation (GFCF): Capital mation deflator Capm figures used in NIE compilation Gross fixed capital mation (GFCF): Capital mation deflator Capm figures used in NIE compilation (similar pattern throughout GFCF) PCE: CPI Food expenditure: average of relevant CPI indices covering Milk and Social welfare PCE: CPI indices Nonalcoholic WPI PPI Export sales 5 9 WPI PPI 8 Export sales 10 11

3 Background Notes Table A: 2014 Summary of deflation methods used 12 Tobacco WPI PPI Total sales Textiles WPI PPI Wearing apparel 15 Leather and leather 16 Wood and wood (excluding furniture) 17 Pulp, paper and paper WPI PPI 14 WPI PPI 15 WPI PPI 16 WPI PPI and UV and UV and Import UV and Import UV and Import UV 15 For IIU used Rough timber from WPI Table and Import UV 16 IIU other industries. 17 and Import UV 17 beverages and Alcoholic beverages off licences PCE: CPI Tobacco PCE: CPI sub-indices Carpets and other floor coverings and Household textiles PCE: CPI sub-indices Garments and Other articles of clothing PCE: CPI Shoes and other footwear PCE: CPI Materials the maintenance and repair of the dwelling PCE: CPI Miscellaneous printed matter and stationery and drawing materials

4 Background Notes Table A: 2014 Summary of deflation methods used 18 Printing and reproduction of recorded media 19 Coke and refined petroleum 20 Chemicals and chemical 21 Basic pharmaceutical and preparations 22 Rubber and plastic 23 Other nonmetallic mineral WPI PPI 18 WPI PPI Total sales 19 WPI PPI 20 WPI PPI 21 WPI PPI 22 WPI PPI Imports deflated as a residual, i.e. total deflated = deflated use. Domestic, trade margins, taxes and subsidies separately deflated and Import UV 18 average using Revenue Commissioners and CSO Household Budget Survey (HBS) data to split industry and household costs. Diesel deflated by CPI Diesel, balance of IIU deflated by Liquid fuels. 20 and Import UV and Import UV and Import UV 22 For WPI Table 3 All materials Building and PCE: CPI sub-indices Books and Newspapers and periodicals PCE: CPI sub-indices Fuels and lubricants personal transport equipment and Liquid fuels expenditure: average of relevant CPI indices covering Fuel and Social welfare PCE: CPI Pharmaceutical PCE: CPI Pharmaceutical expenditure: average of relevant CPI indices covering drugs and medicines PCE: CPI Spare parts and accessories personal transport equipment PCE: CPI Materials the maintenance and repair of the

5 Background Notes Table A: 2014 Summary of deflation methods used 24 Basic metals WPI PPI Fabricated metal, except machinery and equipment WPI PPI Construction materials. 23 and Import UV 23 other industries. 24 and Import UV and Import UV 25 dwelling PCE: CPI Small tools and miscellaneous accessories PCE: CPI sub-indices Glassware, tableware and household utensils and Major tools and equipment Computer, electronic and optical 27 Electrical equipment WPI PPI 26 WPI PPI 27 WPI PPI 26 and CPI Inmation processing equipment (as per PCE) 27 WPI PPI and Import UV Based on WPI special deflators PCE: CPI Inmation processing equipment Special Fisher indices s of SITC division 7 (Machinery and equipment) combined with PPI indices home produced machinery PCE: CPI sub-indices Major household appliances whether electric 26 27

6 Background Notes Table A: 2014 Summary of deflation methods used 27 or not, Small electric household items and Major tools and equipment 28 Machinery and equipment not elsewhere classified (n.e.c.) WPI PPI and Import UV 28 Special Fisher indices s of SITC division 7 (Machinery and equipment) combined with PPI indices home produced machinery PCE: CPI sub-indices Major household appliances whether electric or not, Small electric household items and Major tools and equipment Motor vehicles, trailers and semi-trailers WPI PPI Total sales WPI PPI of 29 home element and Import UV index 29 Special Fisher indices s of SITC division 7 (Machinery and equipment) combined with PPI indices home produced machinery PCE: CPI Motor cars Based on WPI Table 4 - Transportable Capital use in (Private Vehicles and Commercial Vehicles) 29

7 Background Notes Table A: 2014 Summary of deflation methods used 30 Other transport equipment WPI PPI Total sales Furniture WPI PPI Medical equipment; other manufacturing WPI PPI 32 WPI Table 4 - Capital goods in Total transporta -ble capital Total sales WPI PPI of 30 home element and WPI Table 4 - Capital goods in Total transportable capital Import element 31 and Import UV and Import UV 32 PCE: CPI sub-indices Motor cycles and Bicycles As per Capm deflators used in NIE PCE: CPI Furniture and furnishings PCE: 5 CPI sub-indices Therapeutic appliances and equipment ; Other major durables recreation and culture ; Games, toys and hobbies ; Equipment sport, camping and open-air recreation ; Jewellery, clocks and watches Repair and installation of machinery & CPI sub-indices Repair of As per Special Fisher indices s of SITC division 7 (Machinery and equipment) combined with PPI indices home produced machinery PCE: As per

8 Background Notes Table A: 2014 Summary of deflation methods used equipment 35 Electricity, gas, steam and air conditioning 36 Water collection, treatment and household appliances & Maintenance and repair of personal transport equipment WPI electricity & CPI gas using CPI weights CPI Water and miscellaneous relating to the dwelling 37 Sewerage CPI Water and miscellaneous relating to the dwelling 38 Waste collection, treatment and disposal ; materials recovery 39 Remediation and other waste management CPI Water and miscellaneous relating to the dwelling CPI Water and miscellaneous relating to the dwelling Construction Implied NIE deflator gross fixed capital mation (NIE Tables 15 & 17) As per As per As per As per As per As per As per As per Capm deflators used in NIE PCE: CPI sub-indices Electricity and Gas expenditure: Relevant CPI indices covering Fuel As per expenditure: As per Both PCE and expenditure as per As per Capm deflators used in NIE PCE: CPI Maintenance and repair of the dwelling As per Capm deflators used in As per

9 Background Notes Table A: 2014 Summary of deflation methods used 45 Motor trades The ratios of Margin to Cost of sales in 2012 compared to the ratios of Margin to Cost of sales in 2011 applied to constituent components of overall margin figure. Further deflated by the ratio of prices (using the implied price change from the RSI the Motor trade) in 2012 to Wholesale trade The ratios of Margin to Cost of sales in 2012 compared to the ratios of Margin to Cost of sales in 2011 applied to constituent components of overall margin figure. Further deflated by the ratio of prices in 2012 to 2011 (using weighted each product 2-digit WPI deflator). 47 Retail trade The ratios of Margin to Cost of sales in 2012 Same deflator used as Same deflator used as Same deflator used as Same deflation as used NIE Same deflator used as Same deflation as used Same deflator used as

10 Background Notes Table A: 2014 Summary of deflation methods used compared to the ratios of Margin to Cost of sales in 2011 applied to constituent components of overall margin figure. Further deflated by the ratio of prices in 2012 to 2011 (using weighted each product 2-digit CPI deflator). 49 Land transport combination of CPI subindices Passenger transport by railway, Passenger transport by road and Combined passenger transport and the Services Producer Price Index (SPPI) Freight and removal by road 50 Water transport SPPI Sea and coastal transport 51 Air transport SPPI Air transport 52 Warehousing SPPI Warehousing, PCE: used expenditure: average of relevant CPI indices covering Public transport index as PCE: CPI Passenger transport by air PCE:

11 Background Notes Table A: 2014 Summary of deflation methods used 53 Support transport Storage and Cargo Handling SPPI Postal and courier 55 Accommodation CPI Accommodati -on 56 Food and beverage service 58 Books and newspaper publishing CPI Catering SPPI Computer programming, consultancy the EU Harmonised Index of Consumer Prices (HICP) Accommo -dation the main tourist destination countries. CSO Household Survey Travel data used weights. the HICP Restauran -ts, cafes and the like the main tourist destination countries. CSO Household Survey Travel data used weights. the CPI Accommodation and the derived price index used s of accommodation the CPI Catering and the derived price index used s of restaurant CPI indices Books and PCE: PCE: Same index as interindustry use Same inter-industry use PCE: by

12 Background Notes Table A: 2014 Summary of deflation methods used 59 Motion picture, video and television programme production 60 Radio and television broadcasting 61 Telecommunic -ations 62 Computer programming and consultancy 63 Data processing and other inmation service 64 Financial intermediation except insurance and pension funding and related CPI Cinema CPI Television CPI Telephone and telefax equipment and SPPI Computer Programming and Consultancy SPPI Computer Programming and Consultancy FISIM: As per NIE implied deflators. Non-FISIM: Index of gross hourly earnings (excluding irregular bonuses) in Sector K - Financial Similar to method employed amended s Newspapers and periodicals and SPPI Computer programming, consultancy and related Similar to method employed amended inter-industry use PCE: index as PCE: consumption: average of relevant CPI indices covering Communication PCE: PCE: As per Capm deflators used in NIE Similar to method employed amended final uses Similar to method employed amended exports

13 Background Notes Table A: 2014 Summary of deflation methods used 65 Insurance, reinsurance and pension funding, except compulsory social security 66 Other financial 68 Real estate intermediation Index of gross hourly earnings (excluding irregular bonuses) in Sector K - Financial intermediation Index of gross hourly earnings (excluding irregular bonuses) in Sector K - Financial intermediation CPI Actual rentals paid by tenants PCE: PCE: PCE: consumption: average of relevant CPI indices covering Rent and Social welfare 69 Legal, accounting 70 Management consultancy SPPI Legal, Accounting, Public Relations and Business Management Consultancy SPPI Legal, Accounting, Public Relations and Business Management Consultancy 71 Architecture, SPPI Architecture, Part based on Residential Property Price Index PCE: PCE: As per Capm deflators used in NIE PCE:

14 Background Notes Table A: 2014 Summary of deflation methods used engineering 72 Research and development 73 Media and advertising 74 Other professional, scientific and technical not elsewhere classified 75 Veterinary 77 Renting and leasing of vehicles, equipment 78 Activities of employment placement agencies 79 Travel agency, tour operator Engineering and Technical Testing CPI Tertiary education SPPI Advertising, Media Representation and Market Research SPPI all sectors price index CPI Pets and related including veterinary and other pets SPPI all sectors price index SPPI Employment CPI Package holidays SPPI all sectors price index Implied price change from NIE s Implied price change from NIE weighted with SPPI average all sectors As per Capm deflators used in NIE expenditure: index as index as PCE: Stamp Duty Deflation based on house price and band rates stamp duty. Solicitors Average of CPI all items index and Industrial Earnings Index. PCE: CPI Purchase of vehicles PCE: PCE: SPPI all sectors price index

15 Background Notes Table A: 2014 Summary of deflation methods used reservation service and related 80 Security and investigation 81 Services to buildings and landscape 82 Office administration & office support 84 Public administration SPPI Security and investigation SPPI Industrial and building cleaning SPPI all sectors price index implied intermediate consumption deflator, implied Capm depreciation deflator and earnings index 85 Education The implied price index from the final uses as most of Education is non-market and there is no reasonable price non-market Implied price index from final consumption elements of the use table PCE: PCE: PCE: As per Capm deflators used in NIE PCE & Govt. expenditure: both deflated by the same price Based in part on CPI all Items index FCE: estimates refer to private colleges, secretarial colleges, etc. Appropriate CPI sub-indices used. expenditure: The largest category of expenditure on Education. Deflated by a weighted average of relevant price indices applied to detailed breakdown of Education costs

16 Background Notes Table A: 2014 Summary of deflation methods used Human health ; Residential care ; Social work without accommodation The implied price index from the table was employed as much of Health is nonmarket and there is no reasonable price non-market Mainly relates to purchase by HSE of medical, deflated by weighted relevant CPI indices. Balance of IIU deflated by implied deflator final uses. from Department of Education & Skills. FCE: relevant CPI indices detailed FCE expenditure NPISH: relevant CPI indices detailed NPISH expenditure The implied price index from the non-export element of final uses 90 Creative, arts and entertainment 91 Libraries, archives, museums and other cultural 92 Gambling and betting CPI Cultural admittance CPI Cultural admittance CPI Recreational and sporting 93 Sports CPI Recreational consumption: Deflated by a weighted average of relevant price indices applied to detailed Health Service Executive (HSE) cost breakdown as described in HSE annual accounts PCE: average of appropriate CPI indices DVDs, Musical records, Tapes; Cinema; Books, etc. PCE: PCE: PCE:

17 Background Notes Table A: 2014 Summary of deflation methods used and amusement and recreation 94 Activities of Membership organisations 95 Repair of computers and personal & household goods 96 Other personal service 97 Activities of households as employers of personnel and sporting CPI Club and society subscriptions CPI Repair of household appliances CPI indices Dry cleaning and laundry, Hairdressing salons and personal grooming establishment CPI Domestic and household PCE: PCE: PCE: index as

18 List of abbreviations and acronyms API = Agricultural Price Indices ASI = Annual Services Inquiry BOP = Balance Of Payments Capm = Capital Formation CIF = Cost carriage, Insurance and Freight CIP = Census of Industrial ion COE = Compensation of Employees COICOP = Classification Of Individual (final) Consumption by Purpose (households) CPI = Consumer Price Index DES = Department of Education and Skills DKM = DKM Economic Consultants Review of the Construction and Outlook DOH = Department of Health EHECS = Earning, Hours and Employment Costs Survey ESA = European System of Accounts FDT = Food, Drink and Tobacco NPISH = Non-Profit Institutions Serving Households = Not Relevant PCE = Personal Consumption and Expenditure PPI = Producer Price Index PRODCOM = PRODuction COMMunautaire (Community ion) RSI = Retail Sales Index RM&I = Repair, maintenance and improvement S&U = and SNA = System of National Accounts SSPI = Services Producer Price Index SUT = and Tables UV = VAT = Value Added Tax WA = Average WPI = Wholesale Price Index FOB = Free on Board GDP = Gross Domestic GFCF = Gross Fixed Capital Formation GNI = Gross National Income GVA = Gross Value Added GWPI = General Wholesale Price index HSE = Health Service Executive IIU = Inter = 'Nomenclature générale des Activités économiques dans les Communautés Européennes'. Classification of Economic Activities within the European Communities NATACC = National Accounts NEC = Not Elsewhere Classified NIE = National Income and Expenditure