Import prices index

Legal basis
Legal basis for conducting this statistical survey is Law on Official Statistics and Official Statistical System of Montenegro (Official Gazette of Montenegro 18/12 from 30 March 2012).

METHODOLOGICAL BASIS

Purpose of survey
The purpose of statistics on import price indices is to collect the data on monthly price changes of industrial products from the import. Purchase price of industrial products from import is the price of a good delivered at the frontier of the importing country, including transportation costs, insurance charges, and any other costs incurred to that point (CIF price) that influence on the unit price of a product.
Price indices of industrial products from the import represent important economic indicators which can be used as an inflation measure; as time series deflators, especially for needs of National Accounts and as an instrument for harmonising prices when different purchase and sale contracts are concluded.

Coverage of survey
This survey includes companies classified in the sectors of mining and quarrying and manufacturing a classification of activities 2010th, which have more than five employees according to the measurement prescribed by the Nomenclature of Industrial Products per unit.

Data sources
The data sources for import price indices are companies.

Obligation to protect individual data

Individual data on the natural or legal persons are confidential and constitutes an official secret in accordance with Article 56 of the Law on Official Statistics and Official Statistical System of Montenegro (Official Gazette of Montenegro 18/12).

For more details on published data, methodology, and releases please see the sections below.

Data Methodology Releases Forms

 


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