1. Country reports on UVI/trade volumes
Agenda
Item 5d
STD Statistics Directorate
3rd WPTGS meeting 4-6 October 2010, OECD

2. Main outcomes 17 replies received
Relating to UVI and price indices calculated on infra-annual and most detailed (HS 6+2 or more) commodity trade
Interest expressed in developing import/export price indices for services.
Laspeyres(Q) and Paasche (P) –”ideal” Fisher seem to be next step when not already calculated.
Volume indices are in general derived from price and value indices.
Classifications: HS, SITC, BEC, ISIC, CPA, Prodcom, national classifications.
3rd WPTGS meeting 4-6 October 2010, OECD

3. UVI versus price indices.
Some countries do not calculate UVI as “they do not distinguish changes in item quality mix and changes in prices”
Other countries compile “mixed” XMPI (UVI for SITC 0-4 & enterprise surveys for SITC 5-8).
Some compile UVI for benchmarking the survey based price indexes