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Compilation Method of the gWholesale Services Price Index hin Japan @ @ @ @

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  • Research and Statistics Department

    (Bank of Japan)

Abstract

The Bank of Japan has started a full-scale development of the gWholesale Services Price Index (WSPI), hintending to launch the index in mid-2019. The transaction amount of wholesale services accounts for the largest portion of that of services not incorporated in Japan's gServices Producer Price Index (SPPI), hproduced and published every month by the Research and Statistics Department of the Bank of Japan. Therefore, the Bank had conducted the experimental survey for the WSPI since 2014 to accumulate practical know-how. The Bank's new step also responds to the recent increasing needs of service sector's statistical development for improving the accuracy of the GDP statistics in Japan. This paper explains the methodology of compiling the WSPI (subject to change as the WSPI is currently under development), and provides a preview of the Japanese WSPI compiled by using data provided by cooperating companies as of May 2018.

Suggested Citation

  • Research and Statistics Department, 2018. "Compilation Method of the gWholesale Services Price Index hin Japan @ @ @ @," Bank of Japan Research Papers 18-06-29, Bank of Japan.
    • Handle: RePEc:boj:bojron:ron180629a
    as

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    File URL: http://www.boj.or.jp/en/research/brp/ron_2018/data/ron180629a.pdf
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    References listed on IDEAS

    as
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    5. Timmer, Marcel P. & Ypma, Gerard, 2006. "Productivity Levels in Distributive Trades: A New ICOP Dataset for OECD Countries," GGDC Research Memorandum GD-83, Groningen Growth and Development Centre, University of Groningen.
    6. Research and Statistics Department, 2017. "Rebasing the Corporate Goods Price Index to the Base Year 2015 -- Main features of the rebasing and price developments in the 2015 base index --," Bank of Japan Research Papers 17-02-03, Bank of Japan.
    7. NOMURA Koji & MIYAGAWA Kozo, 2017. "Are Japan's Wholesale and Retail Prices Higher than Those in the United States? Estimation of margin rates using microdata from the Census of Commerce (Japanese)," Discussion Papers (Japanese) 17026, Research Institute of Economy, Trade and Industry (RIETI).
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