Indicators of Industry and Services (ISIC Rev.3)
The Indicators of Industry and Services publication provides an overall view of short-term economic developments in OECD Member countries in a great number of industries and services, classified according to the International Standard Industrial Classification of all economic activities, ISIC Revision 3.
Short-term indicators, quantitative and qualitative, monthly and/or quarterly, that are shown in this publication, give detailed information on both most recent developments relating to output, turnover, orders, producer prices and employment and anticipations of future events drawn from business tendency surveys.
They allow political and economic decision makers to quickly analyse several aspects of the business cycle in detailed economic branches and to base their decisions on a precise knowledge of special economic short-term events in all sectors.
All indices are presented on base 1995=100.
Comparatively to the paper publication, electronic products contains country data as from 1990 as well as disaggregated data at the 3 or 4-digit level of ISIC Rev. 3 when available. The CD-ROM also contains historical series (1975-1998) according to ISIC Rev. 2 relating to quantitative indicators and industrial sectors only.
Data, monthly or quarterly, shown in this publication, include both quantitative indicators and business tendency survey results. They are classified by economic activity following the International Standard Industrial Classification (ISIC Rev. 3) adopted in February 1989 by the United Nations Organisation (Statistical Papers, Series M, No. 4, Rev. 3, New York 1990).
The quantitative statistics shown relate to the following variables: For industrial activities (Categories C to F of ISIC Rev. 3) ╖ Production ╖ Turnover ╖ New orders ╖ Unfilled orders ╖ Producer prices ╖ Employment
For service activities (Categories G to O of ISIC Rev. 3) ╖ Turnover ╖ Employment
The statistics are published as indices, on the base year 1995 and are expressed in the form 1.000, so as to enable comparisons between countries.
For industrial sectors (excluding construction), indices of production and employment have been calculated for the five area totals for ISIC Rev. 3 categories and divisions. Weighted sums of the available component country data have been used. Seasonally adjusted indices of industrial production, turnover in services and employment are compiled either by the countries or by the Secretariat. In the latter case the "X12-Arima version of Method-II of the United States Bureau of the Census" is used. As a rule, seasonally adjusted indices are available for all ISIC categories and divisions. Furthermore, seasonally adjusted indices of turnover and new orders are shown for total manufacturing industries (D).
These data enable tendencies to be assessed in concepts difficult to measure using traditional quantitative statistical techniques. The use of both quantitative data such as those presented above, and business survey data presented below, provides a more comprehensive description of industrial activity. Both types of data are used more and more frequently in OECD countries for analysing short-term economic developments.
In five out of the six indicators shown, which in present circumstances are most often used for intercountry studies, questions call either for the respondents' judgement on factors of the current business situation or for their assessment of the direction of short-term changes in the following variables:
╖ Judgements on stocks of finished goods ╖ Judgements on orderbooks ╖ Total order inflow ╖ Production prospects ╖ Labour force expectations
In these three-fold alternative questions (positive, negative and neutral answers), two types of answers, balance and equals are presented in order to give the user more complete information.
The sixth indicator concerns capacity utilisation. The question form selected for this publication enables the provision of exact figures relating to the present rate of capacity utilisation rather than a judgement or an assessment.
The tables generally show monthly data, except when the questions (or the surveys) are asked quarterly. In any case, results are attributed to the month of the survey.
In the majority of OECD countries respondents to surveys are asked to adjust their replies to compensate for normal seasonal fluctuations. Experience has shown however that respondents are only able to do this partially and that a residual seasonal element is therefore normally present in the data.
Appendix A: Industrial production indices: information by country
Unless otherwise specified, all index numbers are fixed-weighted Laspeyres type indices.
CANADA Original base: GDP data converted into indices on 1995=100 by OECD Weights: Gross Domestic Product at factor costs at constant prices 1992, in 1995 Seasonal adjustment: ARIMA
MEXICO Original base: 1993=100 Weights: Production value at current prices in 1993 Coverage: 71% of the production value Seasonal adjustment: X12-ARIMA by OECD
UNITED STATES Original base: 1992=100 Weights: Value added in 1992 as from 1992 Seasonal adjustment: X11-ARIMA
JAPAN Original base: 1995=100 Weights: Value added at factor costs in 1995 Coverage: 60% of the value added Seasonal adjustment: X12-ARIMA
KOREA Original base: 1995=100 Weights: Value added in 1995 Seasonal adjustment: X11-ARIMA
AUSTRALIA Original base: GDP data converted into indices on 1995=100 by OECD. Weights: Value added at lower levels; Gross Domestic Product (GDP) at market prices at aggregate levels. Coverage: 22.7% of GDP at market prices Seasonal adjustment: X11-ARIMA
NEW ZEALAND Original base: GDP data converted into indices on 1995=100 by OECD Weights: Contribution to Gross Domestic Product at constant prices 95-96 in 1995 Seasonal adjustment: X12-ARIMA
AUSTRIA Original base: 1995=100 Construction of the index: Simple Laspeyres index Weights: Value added in 1995 Coverage: 90% of the industrial production Seasonal adjustment: X12-ARIMA by OECD
BELGIUM Original base: 1995=100 Construction of the index: Laspeyres chain index Weights: Deflated turnover of year-1 for subsectors; value added at market prices at aggregate levels Seasonal adjustment: X12-ARIMA by OECD
CZECH REPUBLIC Original base: 1995=100 Weights: Production measured by the method of gross turnover at lower levels; value added at aggregate levels Coverage: 88.6% of the industrial production Seasonal adjustment: X12-ARIMA by OECD
DENMARK Original base: Deflated sales values based on 1995=100 Weights: Value added at factor costs in 1995 Coverage: 80% of turnover Seasonal adjustment: X11-ARIMA
FINLAND Original base: 1995=100 Construction of the index: Simple Laspeyres index Weights: Value added at factor cost in 1995 Coverage: 80% of total gross value of production Seasonal adjustment: X11-ARIMA
FRANCE Original base: 1995=100 Weights: Gross value added at factor costs in 1995 Coverage: 85.9% of the value added: 71% for monthly data, 14.9% for quarterly data Seasonal adjustment: X12-ARIMA par l'OCDE
GERMANY Original base: 1995=100 Construction of the index: Simple Laspeyres index Weights: Value added at factor costs in 1995 Coverage: 100% of the gross value added at factor costs Seasonal adjustment: BV4 (Berlin method, version 4)
GREECE Original base: 1993=100 Construction of the index: Simple Laspeyres index Weights: Value added at factor costs in 1995 Seasonal adjustment: X12-ARIMA by OECD
HUNGARY Original base: 1992=100 Construction of the index: Paasche chain index Weights: Gross output value Coverage: 92% of the production value Seasonal adjustment: X12-ARIMA by OECD
IRELAND Classification: ISIC Rev. 2 converted into ISIC Rev. 3 by OECD Original base: 1990=100 Construction of the index: Laspeyres chain index Weights: Value of production Coverage: 90% of total net output Seasonal adjustment: X11
ITALY Original base: 1995=100 Weights: Production value at lower levels; Value added at factor costs at aggregate levels Coverage: 80% of the value added at factor costs Seasonal adjustment: X12-ARIMA by OECD
LUXEMBOURG Original base: 1995=100 Weights: Value added at factor costs in 1995 Coverage: 92.3% of the gross value added in industry Seasonal adjustment: X12-ARIMA by OECD
NETHERLANDS Original base: 1995=100 Construction of the index: Simple Laspeyres index Weights: Gross value added at factor costs in 1995 Seasonal adjustment: X11
NORWAY Original base: 1995=100 Construction of the index: Laspeyres chain index Weights: Value added at factor costs, two years lag Coverage: 77% of the value added at factor costs Seasonal adjustment: X11-ARIMA
POLAND Original base: 1995=100 Weights: Sold production in 1995 Coverage: 90% of the sold production Seasonal adjustment: X12-ARIMA by OECD
PORTUGAL Original base: 1995=100 Weights: Value of production at lower levels; gross value added at factor costs, at aggregate levels Coverage: 38% of the extractive industry production; 83% of the manufacturing industry production; 100% of the production of electricity, gas and steam Seasonal adjustment: X12-ARIMA by OECD
SPAIN Original base: 1990=100 Weights: Value of production at lower levels; gross value added at factor costs, at aggregate levels Coverage: 95% of the production Seasonal adjustment: X12-ARIMA by OECD
SWEDEN Original base: 1995=100 Construction of the index: Paasche index for most branches; simple Laspeyres index for some branches Weights: Value added in 1990 Seasonal adjustment: X-11
SWITZERLAND Original base: 1995=100 Construction of the index: Laspeyres chain index Weights: Value added at factor costs and turnover Coverage: 70% of total turnover Seasonal adjustment: X12-ARIMA by OECD
TURKEY Original base: 1997=100 Weights: Value added at market prices Coverage: 80% of gross value added at market prices Seasonal adjustment: X12-ARIMA by OECD
UNITED KINGDOM Original base: 1995=100 Construction of the index: Simple Laspeyres index Weights: Value added at factor costs in 1995 Seasonal adjustment: X11-ARIMA
Appendix B: Business survey data: technical notes
In most OECD countries, business surveys are carried out either by the national statistical offices or by private research institutes. They have been undertaken long enough to enable more and more analysts to use them in intercountry studies.
A business survey is a method of gathering qualitative information from a number of enterprises. The sample of firms, derived from a frame that reflects the population to be questioned, does not differ much from one period to another. The advantages of using a stable sample are quicker replies and reduced variability of results between successive surveys.
A business survey generally deals with judgements or expectations of managers of firms regarding variables directly related to their specific activities. The respondents are asked, by means of postal questionnaires, to express their opinion on factors relating to their current business situation or to predict developments in specific variables.
The questions included in surveys have to be precise and unambiguous. They are given with a limited choice of alternative answers. However, concepts are usually not clearly defined and room is often left to the respondent to give his own interpretation.
Indicators selected The six indicators selected are probably those that can be most readily used in intercountry studies.
Two questions ask the entrepreneurs to express their opinion on the actual level of endogenous variables in relation to some ideal level, either normal or satisfactory:
Judgements on stocks of finished goods Judgements on orderbooks A typical question of this kind is: Do you consider the present level of stocks of finished goods (or level of orderbooks) - Above normal? or Excessive? - Normal? or About right? - Below normal? or Too small?
It is however worth noting that the notion of normality is not explained. Two questions refer to the expected direction of change of variables directly related to the activity of the firm:
Production prospects Labour force expectations.
A typical question of this kind is: Do you expect that in the three coming months your production (your employment) - Will increase? - Will remain stable? - Will decrease?
One question concerns the direction of change of an endogenous variable in recent past: Total order inflow.
The question put is: Were the orders that you received in recent past (or will the orders that you will receive in the three coming months be) - Up? - Unchanged? - Down?
These three last questions refer to variables that also belong to quantitative questionnaires. However, there are two main differences: replies are qualitative and they are available much earlier than quantitative data. In contrast with the previous types of question, a quantitative question asks the entrepreneurs to state the rate of:
Results Generally weights are applied to answers to reduce the bias resulting from differences in size of enterprises belonging to the sample. In order to improve the quality of the sample, further weights can be used, for example to take into account the importance of the industrial sectors in total value added. To take into consideration the influence of seasonal factors, managers are asked to carry out adjustments for seasonality when replying to questions and making their choice of alternative responses.
However, past experience with the response practise shows that they are not successful in carrying out such corrections properly and that business survey time series often display characteristic seasonal fluctuations. For the question on the rate of capacity utilisation, a precise figure is sought. It is presented as a weighted percentage. The five other qualitative questions selected by OECD have three alternative reply options: a positive answer (increase, or above normal or excessive), a negative answer (decrease, or under normal, or too small) and a neutral answer (no change, or normal, or about right). Two types of answers are presented in the publication: the balance which corresponds to the difference between the positive and the negative weighted percentages of replies and the equals which indicates the weighted percentage of neutral answers. This allows the recalculation of all three percentages.
Use of Business Survey Results
As information provided by business surveys essentially deals with opinions and anticipations, they are often used in conjunction with quantitative statistics in various types of short-term economic analysis and in forecasting.
Time series of business survey results are not designed to replace traditional quantitative data. However, they can be used and combined to interpret changes in the current economic situation. Furthermore, because they are rapidly available, following the end of the reference period, they can also be included in econometric models for forecasting purposes.
******************************************************************************** * * * OECD STATISTICS * * PARIS Indicators of Industry and Services (ISIC Rev.3) * * ------------------------------------------------ * * * * CD-ROM PRODUCTION: DSI DATA SERVICE & INFORMATION * * D-47476 Rheinberg P.O. Box 1127 * * Phone: +49 2843-3368 FAX: -3230 * ******************************************************************************** CLASSIFICATION PLAN: -------------------- STRUCTURE OF THE CODE : XX / X / XXXXX / X SUB-CODES : 1 XX....... Country 2 ..X...... Subject 3 ...XXXXX. Sector (Isic, Rev. 3) 4 ........X Measure SUB-CODE 1 : Country ----------- 00 OECD - Total 01 OECD - Europe 02 European Union Member Countries (EU15) 07 Major Seven Countries 09 North America 54 Australia 70 Austria 22 Belgium 44 Canada 77 Czech Republic 30 Denmark 12 Germany 34 Greece 80 Hungary 64 Finland 14 France 28 Ireland 16 Italy 46 Japan 24 Luxembourg 43 Mexico 59 New Zealand 18 Netherlands 58 Norway 81 Poland 36 Portugal 45 Republic of Korea 79 Slovak Republic 32 Spain 60 Sweden 68 Switzerland 72 Turkey 26 United Kingdom 42 United States of America SUB-CODE 2 : Subject ----------- Quantitative data: 0 Production 1 Turnover 2 New orders 3 Unfilled orders 4 Producer prices 5 Employment Qualitiative data: A Judgements on stocks of finished goods B Judgements on orderbooks C Total order inflow D Production prospects E Rate of capacity utilisation F Labour force expectations SUB-CODE 3 : Sector (Isic, Rev. 3) ----------- CDEF_ TOTAL INDUSTRIES AND CONSTRUCTION CDE__ TOTAL INDUSTRIES C____ MINING AND QUARRYING 10___ Mining of Coal and Lignite; Extraction of Peat 101__ Mining and agglomeration of hard coal 102__ Mining and agglomeration of lignite 103__ Extraction and agglomeration of peat 11___ Extraction of Crude Petroleum and Natural Gas; Service Activities Incidental to Oil and Gas Extraction Excluding Surveying 111__ Extraction of crude petroleum and natural gas 112__ Service activities incidental to oil and gas extraction excluding surveying 12___ Mining of Uranium and Thorium Ores 13___ Mining of Metal Ores 131__ Mining of iron ores 132__ Mining of non-ferrous metal ores, except uranium and thorium ores 14___ Other Mining and Quarrying 141__ Quarrying of stone, sand and clay 142__ Other mining and quarrying, n.e.c. D____ TOTAL MANUFACTURING 15_16 Manufacture of Food Products, Beverages and Tobacco 15___ Manufacture of Food Products and Beverages 151/4 Manufacture of Food Products 151__ Production, processing and preservation of meat, fish, fruit, vegetables, oils and fats 1511_ Production, processing and preserving of meat and meat products 1512_ Processing and preserving of fish and fish products 1513_ Processing and preserving of fruit and vegetables 1514_ Manufacture of vegetable and animal oils and fats 152__ Manufacture of dairy products 153__ Manufacture of grain mill products, starches and starch products, and prepared animal feeds 1531_ Manufacture of grain mill products 1532_ Manufacture of starches and starch products 1533_ Manufacture of prepared animal feeds 154__ Manufacture of other food products, n.e.c. 1541_ Manufacture of bakery products 1542_ Manufacture of sugar 1543_ Manufacture of cocoa, chocolate and sugar confectionery 1544_ Manufacture of macaroni, noodles, couscous and similar farinaceous products 1549_ Manufacture of other food products, n.e.c. 155__ Manufacture of beverages 1551_ Distilling, rectifying and blending of spirits; ethyl alcohol production from fermented materials 1552_ Manufacture of wines 1553_ Manufacture of malt liquors and malt 1554_ Manufacture of soft drinks; production of mineral waters 16___ Manufacture of Tobacco Products 17/19 Manufacture of Textiles, Wearing Apparel, Leather and Footwear 17___ Manufacture of Textiles 171__ Spinning weaving and finishing of textiles 1711_ Preparation and spinning of textile fibres; weaving of textiles 1712_ Finishing of textiles 172__ Manufacture of other textiles 1721_ Manufacture of made-up textile articles, except apparel 1722_ Manufacture of carpets and rugs 1723_ Manufacture of cordage, rope, twine and netting 1729_ Manufacture of other textiles, n.e.c. 173__ Manufacture of knitted and crocheted fabrics and articles 18___ Manufacture of Wearing Apparel, Dressing and Dyeing of Fur 181__ Manufacture of wearing apparel, except fur apparel 182__ Dressing and dyeing of fur; manufacture of articles of fur 19___ Tanning and Dressing of Leather; Manufacture of Luggage, Handbags, Saddlery, Harness and Footwear 191__ Tanning and dressing of leather; manufacture of luggage, handbags, saddlery, harness and footwear 1911_ Tanning and dressing of leather 1912_ Luggage, handbags and the like, saddlery and harness 192__ Manufacture of footwear 20___ Manufacture of Wood and of Products of Wood and Cork, except Furniture; Manufacture of Articles of Straw and Plaiting Materials 201__ Sawmilling and planing of wood 202__ Manufacture of products of wood, cork, straw and plaiting materials 2021_ Manufacture of veneer sheets; manufacture of plywood, laminboard, particle board and other panels and boards 2022_ Manufacture of builders' carpentry and joinery 2023_ Manufacture of wooden containers 2029_ Manufacture of other products of wood; articles of cork, straw and plaiting materials 21_22 Manufacture of Paper Products, Publishing and Printing 21___ Manufacture of Paper and Paper Products 210__ Manufacture of paper and paper products 2101_ Manufacture of pulp, paper and paperboard 2102_ Manufacture of corrugated paper and paperboard and containers of paper and paperboard 2109_ Manufacture of other articles of pulp and paperboard 22___ Publishing, Printing and Reproduction of Recorded Media 221__ Publishing 2211_ Publishing of books, brochures, musical books and other publications 2212_ Publishing of newspapers, journals and periodicals 2213_ Publishing of recorded media 2219_ Other publishing 222__ Printing and service activities related to printing 2221_ Printing 2222_ Service activities related to printing 223__ Reproduction of recorded media 23/25 Chemicals industries 23___ Manufacture of Coke, Refined Petroleum Products and Nuclear Fuel 231__ Manufacture of coke oven products 232__ Manufacture of refined petroleum products 233__ Processing of nuclear fuel 24___ Manufacture of Chemicals and Chemical Products 241__ Manufacture of basic chemicals 2411_ Manufacture of basic chemicals, except fertilizers and nitrogen compounds 2412_ Manufacture of fertilizers and nitrogen compounds 2413_ Manufacture of plastics in primary forms and synthetic rubber 242__ Manufacture of other chemical products 2421_ Manufacture of pesticides and other agro-chemical products 2422_ Manufacture of paints, varnishes and similar coatings, printing ink and mastics 2423_ Manufacture of pharmaceuticals, medicinal chemicals and botanical products 2424_ Manufacture of soap and detergents, cleaning and polishing preparations, perfumes and toilet preparations 2429_ Manufacture of other chemical products, n.e.c. 243__ Manufacture of man-made fibres 25___ Manufacture of Rubber and Plastics Products 251__ Manufacture of rubber products 2511_ Manufacture of rubber tyres and tubes; retreading and rebuilding of rubber tyres 2519_ Manufacture of other rubber products 252__ Manufacture of plastic products 26___ Manufacture of Other Non-Metallic Mineral Products 261__ Manufacture of glass and glass products 269__ Manufacture of non-metallic mineral products, n.e.c. 2691_ Manufacture of non-structural non-refractory ceramic ware ("Pottery, china and earthenware") 2692_ Manufacture of refractory ceramic products 2693_ Manufacture of structural non-refractory clay and ceramic products 2694_ Manufacture of cement, lime and plaster 2695_ Manufacture of articles of concrete, cement and plaster 2696_ Cutting, shaping and finishing of stone 2699_ Manufacture of other non-metallic mineral products, n.e.c. 27___ Manufacture of Basic Metals 271__ Manufacture of basic iron and steel 272__ Manufacture of basic precious and non-ferrous metals 273__ Casting of metals 2731_ Casting of iron and steel 2732_ Casting non-ferrous metals 28/35 Manufacture of Fabricated Metal Products, Machinery and Equipment 28___ Manufacture of Fabricated Metal Products, except Machinery and Equipment 281__ Manufacture of structural metal products, tanks, reservoirs and steam generators 2811_ Manufacture of structural metal products 2812_ Manufacture of tanks, reservoirs and containers of metal 2813_ Manufacture of steam generators, except central heating hot water boilers 289__ Manufacture of other fabricated metal products; metal working service activities 2891_ Forging, pressing, stamping and roll-forming of metal; powder metallurgy 2892_ Treatment and coating of metals; general mechanical engineering on a fee or contract basis 2893_ Manufacture of cutlery, hand tools and general hardware 2899_ Manufacture of other fabricated metal products, n.e.c. 29___ Manufacture of Machinery and Equipment, not elsewhere classified 291__ Manufacture of general purpose machinery 29112 Manufacture of engines and pumps 2911_ Manufacture of engines and turbines, except aircraft, vehicle and cycle engines 2912_ Manufacture of pumps, compressors, taps and valves 2913_ Manufacture of bearings, gears, gearing and driving elements 2914_ Manufacture of ovens, furnaces and furnace burners 2915_ Manufacture of lifting and handling equipment 2919_ Manufacture of other general purpose machinery 292__ Manufacture of special purpose machinery 2921_ Manufacture of agricultural and forestry machinery 29229 Other special purpose machinery 2922_ Manufacture of machine-tools 2923_ Manufacture of machinery for metallurgy 2924_ Manufacture of machinery for mining, quarrying and construction 2925_ Machinery for food, beverage and tobacco processing 2926_ Manufacture of machinery for textile, apparel and leather production 2927_ Manufacture of machinery for weapons and ammunition 2929_ Manufacture of other special purpose machinery 293__ Manufacture of domestic appliances, n.e.c. 30___ Manufacture of Office, Accounting and Computing Machinery 31___ Manufacture of Electrical Machinery and Apparatus, not elsewhere classified 311_2 Manufacture of electric motors, generators and transformers Manufacture of electricity distribution and control apparatus 311__ Manufacture of electric motors, generators and transformers 312__ Manufacture of electricity distribution and control apparatus 313__ Manufacture of insulated wire and cable 314/9 Manufacture of accumulators, batteries, electric lamps, lighting and other equipment 314__ Manufacture of accumulators, primary cells and primary batteries 315__ Manufacture of electric lamps and lighting equipment 319__ Manufacture of other electrical equipment, n.e.c. 32___ Manufacture of Radio, Television and Communication Equipment and Apparatus 321__ Manufacture of Electronic valves and tubes and other electronic components 322__ Manufacture of television and radio transmitters and apparatus for line telephony and line telegraphy 323__ Manufacture of television and radio receivers, sound or video recording or reproducing apparatus, and associated goods 33___ Manufacture of Medical, Precision and Optical Instruments, Watches and Clocks 331__ Manufacture of medical appliances and instruments and appliances for measuring, checking, testing, navigating and other purposes, except optical instruments 3311_ Manufacture of medical and surgical equipment and orthopedic appliances 33123 Manufacture of instruments and appliances for measuring, checking, testing, navigating and other purposes and industrial process control equipment 3312_ Manufacture of instruments and appliances for measuring, checking, testing, navigating and other purposes, except industrial process control equipment 3313_ Manufacture of industrial process control equipment 332__ Manufacture of optical instruments and photographic equipment 333__ Manufacture of watches and clocks 34_35 Manufacture of Transport Equipment 34___ Manufacture of Motor Vehicles, Trailers and Semi-trailers 341__ Manufacture of motor vehicles 342__ Manufacture of bodies (coachwork) for motor vehicles; manufacture of trailers and semi-trailers 343__ Manufacture of parts and accessories for motor vehicles and their engines 35___ Manufacture of Other Transport Equipment 351__ Building and repairing of ships and boats 3511_ Building and repairing of ships 3512_ Building and repairing of pleasure and sporting boats 352__ Manufacture of railway and tramway locomotives and rolling stock 353__ Manufacture of aircraft and spacecraft 359__ Manufacture of transport equipment, n.e.c. 3591_ Manufacture of motorcycles 3592_ Manufacture of bicycles and invalid carriages 3599_ Manufacture of other transport equipment, n.e.c. 36___ Manufacture of Furniture; Manufacturing, not elsewhere classified 361__ Manufacture of furniture 369__ Manufacturing, n.e.c. 3691_ Manufacture of jewellery and related articles 3692_ Manufacture of musical instruments 3693_ Manufacture of sports goods 3694_ Manufacture of games and toys 3699_ Other manufacturing, n.e.c. 37___ Recycling 371__ Recycling of metal waste and scrap 372__ Recycling of non-metal waste and scrap E____ ELECTRICITY, GAS AND WATER SUPPLY 40___ Electricity, Gas, Steam and Hot Water Supply 401__ Production, collection and distribution of electricity 402__ Manufacture of gas; distribution of gaseous fuels through mains 403__ Steam and hot water supply 41___ Collection, Purification and Distribution of Water F____ 45___ CONSTRUCTION 451__ Site preparation 452__ Building of construction and parts; civil engineer 453__ Building installation 454__ Building completion 455__ Renting of construction and demolition equipment G____ WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES, MOTORCYCLES AND PERSONAL AND HOUSEHOLD GOODS 50___ Sale, Maintenance and Repair of Motor Vehicles, Motorcycles; Retail Sale of Automative Fuel 501__ Sale of motor vehicles 502__ Maintenance and repair of motor vehicles 503__ Sale of motor vehicle parts and accessories 504__ Sale, maintenance, repair motorcycles, parts and accessories 505__ Retail sale of automotive fuel 51___ Wholesale Trade and Commission Trade exc. Motor Vehicles and Motorcycles 511__ Wholesale on a fee or contract basis 512__ Wholesale of agricultural raw materials, live animals, food, beverages and tobacco 513__ Wholesale of household goods 514__ Wholesale of non-agricultural intermediary products, waste and scrap 515__ Wholesale of machinery, equipment and supplies 519__ Other wholesale 52___ Retail Trade, except Motor Vehicles and Motorcycles; Repair of Personal and Household Goods 521__ Non-specialised retail trade in stores 522__ Retail sale of food, beverages and tobacco in specialised stores 523__ Other retail trade of new goods in specialised stores 524__ Retail sale of second-hand goods in stores 525__ Retail trade not in stores 526__ Repair of personal and household goods H____ HOTELS AND RESTAURANTS 55___ HOTELS AND RESTAURANTS 551__ Hotels; camping sites and other provision of short-stay accommodation 552__ Restaurants, bars and canteens I____ TRANSPORT, STORAGE AND COMMUNICATIONS 60___ Land Transport; Transport via Pipelines 601__ Transport via railways 602__ Other land transport 603__ Transport via pipelines 61___ Water Transport 611__ Sea and coastal water transport 612__ Inland water transport 62___ Air Transport 621__ Scheduled air transport 622__ Non-scheduled air transport 63___ Supporting and Auxiliary Transport Activities; Activities of Travel Agencies 64___ Post and Telecommunications 641__ Post and courier activities 642__ Telecommunications J____ FINANCIAL INTERMEDIATION 65___ Financial Intermediation, except Insurance and Pension Funding 651__ Monetary intermediation 659__ Other financial intermediation 66___ Insurance and Pension Funding, except Compulsory Social Security 67___ Activities Auxiliary to Financial Intermediation 671__ Activities auxiliary to financial intermediation, except insurance and pension funding 672__ Activities auxiliary to insurance and pension funding K____ REAL ESTATE, RENTING AND BUSINESS ACTIVITIES 70___ Real Estate Activities 701__ Real estate activities with own or leased property 702__ Real estate activities on a fee or contract basis 71___ Rent. of Machinery & Equipment without Operator, Personal & Household Goods 711__ Renting of transport equipment 712__ Renting of other machinery and equipment 7123_ Renting of office machinery and equipment (including computers) 713__ Renting of personal and household goods n.e.c. 72___ Computer and Related Activities 721__ Hardware consultancy 722__ Software consultancy and supply 723__ Data processing 724__ Data base activities 725__ Maintenance and repair of office, accounting and computing machinery 729__ Other computer related activities 73___ Research and Development 731__ Research and experimental development on natural sciences and engineering (NSE) 732__ Research and experimental development on social sciences and humanities (SSH) 74___ Other Business Activities 741__ Legal, accounting, book-keeping and auditing activivities; tax consultancy; market research and public opinion polling; business and management consultancy 742__ Architectural, engineering and other technical activities 743__ Advertising 749__ Business activities n.e.c. M____ EDUCATION 80___ EDUCATION 801__ Primary education 802__ Secondary education 803__ Higher education 809__ Adult and other education N____ HEALTH AND SOCIAL WORK 85___ HEALTH AND SOCIAL WORK 851__ Human health activities 852__ Veterinary activities 853__ Social work activities O____ OTHER COMMUNITY, SOCIAL AND PERSONAL SERVICE ACTIVITIES 90___ Sewage and Refuse Disposal, Sanitation and Similar Activities 91___ Activities of Membership Organisations n.e.c. 911__ Activities of business, employers and professional organisations 912__ Activities of trade unions 919__ Activities of other membership organisations 92___ Recreational, Cultural and Sporting Activities 921__ Motion picture, radio, television and other entertainment activities 9213_ Radio and television activities 922__ News agency activities 923__ Library, archives, museums and other cultural activities 924__ Sporting and other recreational activities 93___ Other Service Activities SUB-CODE 4 : Measure ----------- Quantitative data: 1 Original 2 Adjusted for working days 3 Seasonally adjusted Qualitative data: 4 Balance 5 Equals 6 Rate Units ----- Quantitative data are shown as indices in base year 1995. Qualitative data are expressed in percent.