Metadata

Import Prices of Selected Commodities

Definition

Import Prices of Selected Commodities refer to the price derived by dividing the value of imported goods by its quantity (volume).

Computational formula
$$\table IPI = ( {\text" current import price of commodity" / \text"base year import price of commodity"} )100; \table \text "where: current import price of commodity", =, {value}/{volume}$$
Basic dataImport price
SourcePhilippine Statistics Authority (PSA)
Definition

Import price is the price of goods entering any of the seaport or airport of entry of the Philippines properly cleared through Customs. It includes any insurance and freight charges incurred. In this study, import price is derived by dividing  the value of imported goods by its quantity (volume).

Frequency of collectionMonthly
Frequency of disseminationMonthly
Temporal disaggregation Monthly
Spatial disaggregationNational