Cyprus - Producer Price Index (PPI)

Cyprus: Producer Price Index (PPI)

Mnemonic	PPI.ICYP
Unit	Index 2015=100, NSA
Adjustments	Not Seasonally Adjusted
	Monthly	0.22 %
Data	Dec 2023	138.5
	Nov 2023	138.2

Series Information

Source	Statistical Service of the Republic of Cyprus (CYSTAT)
Release	Industrial Output Prices Index (PPI)
Frequency	Monthly
Start Date	1/31/2000
End Date	12/31/2023

Cyprus: Price

	Reference	Last	Previous	Units	Frequency
Consumer Price Index (CPI)	Mar 2024	115.41	114.93	Index 2015=100, NSA	Monthly
Producer Price Index (PPI)	Dec 2023	138.5	138.2	Index 2015=100, NSA	Monthly
Wholesale Price Index	2012	105	102.91	Index 2010 = 100	Annual

Release Information

Description

For Cyprus, CYSTAT publishes a monthly industrial turnover index, index of industrial production (IPI), and an "industrial output prices index" (i.e., a producer price index, PPI). These are Eurostat-coordinated short-term business statistics.

Properties

Active:

Framework: EU
Classification:
- Taxonomy: NACE Rev. 2
- Scope: Sections B to E
Measurement: Fixed-base index relative to 2021 (Index 2021=100)
Adjustment: Not seasonally adjusted (NSA)
Native frequency: Monthly
Start date: Uniformly 2021m1

Predecessors:

2015=100 - 2015m1 to 2023m12 ("_15")
2010=100 - 2010m1 to 2018m2 ("_10")
2005=100 - 2008m1 to 2013m11 (no specifier)
2000=100 and NACE Rev. 1.1 - 2003m1 to 2008m12 ("00")

Methodology

Breakdowns by indicator

Index of industrial production: General, sections B to E, 13 aggregates of divisions.

Industrial output prices index (PPI): General; sections B to E; 13 divisions, sub-divisions, or aggregates thereof. Each has up to three markets (local, export, both) as appropriate (for example, there's no export market for division 36 "water collection; treatment; supply").

Turnover index in industry (sales): Same as PPI.

Moody's Analytics supplements

For the IPI general index, we back-extend (1988m1 to 2020m12) and construct a seasonally adjusted counterpart using X-13ARIMA-SEATS.

For the PPI general index, we back-extend (2000m1 to 2020m12) and construct a seasonally adjusted counterpart using X-13ARIMA-SEATS.

Revisions

Yes. There are commonly revisions to the prior months of the current calendar year, and often part of the prior calendar year. Usually only a subset of series are revised.

The index base year is advanced every fifth year.

For our SA supplements, we annually update the factors and revise history, typically after publication of the December value.