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Compiling a Services Producer Price Index using IMF developed Price Index Processor Software Niall O’Hanlon, CSO Ireland Content • Current SPPI compilation in Ireland • Outline of PIPS software primarily using screenshots • Initial CSO experience of PIPS • Future developments Work in Progress! Interim Processing using Excel PIPS software • http://www.unece.org/stats/downloads/SW_ CPI_PPI/pips.html • Software, source code, manual and discussion forum. • Software is Visual Basic running on Microsoft Windows. Database stored on Microsoft Access, SQL or SQL Express. Main Menu Screen Add New: Allow users to enter new establishments Edit: Allows users to edit establishment details/products details and enter price information Data Check: Used before index compilation to check for errors Review Data: Before Index Compilation Compile: Allows Index Compilation TS Report: Allows for Times Series Reports to be compiled System Config: Allows users to set up database properties. System Configuration Screen Establishment Screen This allows you to enter multiple establishments at one time through Excel upload This allows you to enter company products Establishment Batch Upload Screen Entering Weight/Product/Transactions Company Weight entered here – turnover of company Transaction weight Transaction List created by user to represent the items company are pricing. Click to add new product group Click to enter prices of transactions Price Input Screen: Option 1 Click on Pink Button to enter prices via Option 2 You can select the period to enter price for by selecting Set Compilation Date on this screen Price Input Screen: Option 2 Allows you to add new month to insert price You can set this to reflect your threshold system for validation Price Preview Screen Detection of Outliers Compilation of Indices Time Series Report CSO Experience • We are still testing! Hope to move to parallel running over the next few months. • If everything goes to plan we would like to use PIPS exclusively from the 2010 rebase. • This would involve some changes to our methodology. • Some issues such as monthly periodicity • User friendly, flexible and stable Some suggestions for future development Further refinement and support by the community of users • Quarterly periodicity option • General support • Enhancements to the Manual including an Excel based work through of a sample index