INTRODUCTION AND BACKGROUND – Session 5

United Nations Statistics Division/DESA

RevisionRevisionof the Index of Industrialof the Index of Industrial

Production (IIP) Production (IIP) publicationpublication

by the UNSDby the UNSD

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BackgroundBackground

• Why revise the IIP publication?Why revise the IIP publication?• The most recent UN publication on the IIP was published in The most recent UN publication on the IIP was published in

1950;1950;• Methods and approaches have changed over time (e.g. fixed Methods and approaches have changed over time (e.g. fixed

weight to chain approaches, etc); and weight to chain approaches, etc); and • Various related standards and international recommendations Various related standards and international recommendations

have been updated over time (e.g. IRIS, SNA, PPI, have been updated over time (e.g. IRIS, SNA, PPI, classifications). These need to be reflected in updated IIP classifications). These need to be reflected in updated IIP text.text.

• The revision of the IIP has been carried out at the request of the The revision of the IIP has been carried out at the request of the United Nations Statistical Commission.United Nations Statistical Commission.

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Objectives of revised IIP publicationObjectives of revised IIP publication• Outline practical and suitable measurement methods and document issues and

benefits from recent theoretical and practical work in the area.

• It is intended for compilers and users of indices of industrial production.

• It helps compilers to produce index numbers in comparable ways so they can serve as reliable international comparisons of economic performance and behavior using the best international practices.

• This publication also assists countries that plan to set up a more comprehensive systems of volume measures by providing not only the methodological foundations for the index number compilation, but also by giving practical guidance on individual steps and elements of the compilation process.

• It is recognized that due to practical constraints, some of the recommendations in this publication may not be immediately attainable by all statistical offices and, therefore, should serve as guideposts for agencies as they revise and improve their IIP programs.

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Process and timetable for revisionProcess and timetable for revision• Discussion of topics/issues at UN expert group Discussion of topics/issues at UN expert group

meeting in 2005 & 2007meeting in 2005 & 2007• UN IIP country practices questionnaire to all UN IIP country practices questionnaire to all

countries – Sept 07countries – Sept 07• Initial draft and input from countries/organisations Initial draft and input from countries/organisations

– Jan 08– Jan 08• 11stst draft by the UNSD – April 08 draft by the UNSD – April 08• Review of 1Review of 1stst draft by experts (STESWP, UN draft by experts (STESWP, UN

expert group) – end July 08expert group) – end July 08• Revised draft for expert comment – Sept 08Revised draft for expert comment – Sept 08• Worldwide consultation – Oct/Nov 08Worldwide consultation – Oct/Nov 08• Submit to UN Statistical Commission – Mar 09Submit to UN Statistical Commission – Mar 09

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Suggested process for review in this Suggested process for review in this meetingmeeting

• Issues will be presented by chapter and Issues will be presented by chapter and recommendation utilising written feedback.recommendation utilising written feedback.

• All recommendations will be presented.All recommendations will be presented.• We seek participants comments on each We seek participants comments on each

issue/recommendation and then to endorse issue/recommendation and then to endorse the recommendation.the recommendation.

• Participants are encouraged to raise any Participants are encouraged to raise any additional topics that have not been additional topics that have not been discussed.discussed.