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Expert Group Meeting on Price Statistics and National Accounts: ICP Round 2011 Jointly organized by: UN-ECLAC, CARICOM, CARTAC and ECCB 3rd-6th December.

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Presentation on theme: "Expert Group Meeting on Price Statistics and National Accounts: ICP Round 2011 Jointly organized by: UN-ECLAC, CARICOM, CARTAC and ECCB 3rd-6th December."— Presentation transcript:

1 Expert Group Meeting on Price Statistics and National Accounts: ICP Round 2011 Jointly organized by: UN-ECLAC, CARICOM, CARTAC and ECCB 3rd-6th December 2012 Santiago de Chile

2 Laundry The specification is asking how much does it cost to wash 1 kilogram of clothes (pressing requirement has been relaxed) If the machine has a capacity of 5 kg, you can enter the observed quantity as 5. Discussion: can it be self service?

3 Upholstery Unit of measurement is “one service” Price for labor only. Exclude cost of material Upholstery of sofa in classical style, three seats It is only ONE sofa with 3 seats Size of sofa 50 x 177 cm

4 Drills There are two drills to be priced: Electric drill (700-800 Watts) Bosch electric drill (550 W) Remember that when a brand is specified, you have to price that particular brand. In this case, if you do not find a Bosch drill, you do not price that product and try to price the other drill

5 Pharmaceuticals You must respect the specification, in particular The active component (dosage) The Laboratory Whether it is generic or non generic You cannot price one tablet and multiply by the number of tablets required. You have to find a box which has the number of tablets as close as possible to the specification

6 Medical Services In one country we found that the cost that is charged for a service that is provided by a medical provider differs if you have or don't have insurance. Remember we need the price of a consultation paid with out of pocket money Specify stratum of clinic Discussion

7 Physiotherapy Unit of measurement is “one service” Ten Sessions of 30 minutes after knee surgery. Subsequent visit (From second visit on; do not price first visit)

8 Brake and clutch repair Clutch: Unit of measurement “one service” Type of charging: Labor charges only/charge for total time; observations: Indicate model of car Outlet type: General mechanic - Not licensed, not dealer garage Car Type: Compact Five Seats - Peugeot 205; Toyota Corolla Compact or equivalent types and models Brake: Unit of measurement “one service” Type of charging: Labor charges only/charge for total time General mechanic - Not licensed, not dealer garage Replacement of brake disc; on 2 wheels

9 Air fares Flights with ONE stop will be accepted tickets sold in a travel agency will be accepted Amount of hours will be flexible (interval +/- one hour) Reservation date 10 September to fly on 15th October 2012 (for all kind of trips) (was respected???) Comment from a country: The information that we received from the travel agency is that based on the specs. that is given by the ICP the fares that meet these are considered bargain fares and therefore these are the prices that we collected. Discussion

10 Postal Services Postage of a simple letter of 20 grams Exclude couriers such as DHL, Fedex, UPS Exclude express delivery Unit of measurement is 1 service The parcel is of 2 kgs

11 Post Paid telephone service package Unit of measurement: 1 month Price includes all monthly fees for specified package - Price excludes matriculation fees, international calls - Specify providers name and monthly total usage Exclude: Contracts providing a mobile phone and related equipment Line contract: Post-paid package, national service (calls + SMS) - Length of contract: 12 - 24 months Services: Post-paid package, 720 - 1200 minutes and 200 - 400 SMS included (closest to 1000 min. calling time and closest to 300 pieces)

12 Calls GMS to GMS Call from a GSM mobile phone to a GSM mobile phone (between two biggest providers) Unit of measurement is 5 minutes, this means that we are pricing a call which lasts 5 minutes If you have the price for 1 minute you have to multiply by 5 if it is a flat rate.

13 Pre paid GMS card Call from a GSM mobile phone to a GSM mobile phone (between same biggest provider) - prepaid card- the cost of about 10 minutes The unit of measurement if 10 Minutes. If you have the price for one minute you have to multiply by 10.

14 International Newspaper Unit of measurement: 1 Copy Brand: The Economist Price at News Stand

15 Film processing and photo print normal 36 Unit of measurement: 1 service Service: Developing and printing of a film whether matte or gloss finish (36 prints) Dimensions: Prints: Approximately 10 x 15 cm; Film size: 35 mm Exclude free film; double copies offer - Fast Service One to four hour normal service Exclude express service

16 Keyboard Unit of measurement: one piece Brand: Yamaha Model: DGX-530 / DGX 630 Features: 76 piano-sized keys; USB interface Bahamas has the following question : “The two items we collected are Yamaha E323, and PSR 223. This is is highlighted in the Quaranta tables but its uncertain if this is a newer model”.

17 Roses Unit of measurement is 12 units The price of 12 is required, if you have the price of 0ne multiply it by 12

18 Hotels Check if it is a chain or not City is relaxed Date October 17th (ask the best price 15 days aprox. before). Include the price in the Q3 2012 This issue will now be discussed

19 Wedding Ring Unit of measurement is 1 GRAM 14 Karat Gold (585/1000) Plain wedding band - Inside and outside almost straight, smooth Specify brand, shop - Weight between 2 - 4 g If you have priced one UNIT (one ring) you have to know the weight and divide the price by the weight to get the price for 1 gram

20 20 THANK YOU


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