Industry

Industrial production index is compiled in line with international standards. The base formula for compiling the Laspeyres volume index. The index compilation is based on data on production progress according to a fixed set of representative goods (more than thousands of items) and the structure of gross value added over the base year. Since 2011 in Ukraine (since 2013 by region)  index is produced by type of activity in sections B, C, D (apart from group 35.3) and in line with the Classification of Types of Economic Activity (State Classifier 009:2010).

The index compilation in Ukraine prior to 2007 (by region before 2009) is based on the chain-linked method on the basis of the monthly indices calculated using the data from enterprises on the value of output over the month at comparable prices.

Over the extended periods, industrial production indices are compiled using the

chain-linked method, i.e. by multiplying the indices over the previous year for the needed period.

The output of industrial products is shown to gross production, i.e. together with production meant for  the further processing within one enterprises.

 Information about industrial is presented Nomenclature of Industrial Products (NIP) which has been harmonized with the Statistical Classification of Products by Economic Activity of the European Community (CPA) and Prodcom list of industrial products (PRODCOM) and takes into account energy products. Since NIP differs considerably from the Nomenclature used before its implementation, retrospective data are only given for selected products, where the indicators’ components match each other or could be made consistent.