Interstate Statistical Committee of the Commonwealth of Independent States (CIS-STAT)

CIS ICP – September 2012Status Report

Andrey KOSAREV

ICP 7-th Regional Coordinators MeetingWorld Bank, Washington D.C.

September 19-21, 2012

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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 CIS-STAT 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 February-

March, 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

CIS ICP

OECD/Eurostat

Global ICP

Round 2005, Round 2011:

regular linking

Round 2011:

experimental linking

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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