Author
Paul Sutherland
Abstract
The impact of changing to ANZSIC06 on the production dimension of economic statistics. In the 1990s, Statistics NZ established the first Commodity Data Collection (CDC) project to provide National Accounts with a data source for detailed product breakdowns. A second CDC project was undertaken between 2003 and 2008 to ensure product breakdowns were still relevant. Companies were surveyed based on the Australian and New Zealand Standard Industry Classification (ANZSIC). The survey provided information on product breakdowns by industry. These are also known as output commodity (income) and input commodity (expenditure) proportions. The information was then analysed to establish The transition to ANZSIC06 –
the commodity dimension product breakdowns for National Accounts and weights for the Business Price Indexes. These Business Price Indexes are used as deflators in the production of chain-volume measures of GDP.
Statistics NZ has recently completed converting the proportions at an industry level from the 1996 ANZSIC (ANZSIC96) classification to the 2006 ANZSIC (ANZSIC06) classification. At the same time, commodities have been updated from the National Accounts 1996 Commodity Classification (NA96CC) to the National Accounts 2006 Commodity Classification (NA06CC).
The transition to ANZSIC06 – the commodity dimension (PDF, 395kb)