National Planning and Monitoring Minister, Charles Abel, released four statistical reports from the National Statistical Office yesterday in Port Moresby.
The four include, the Papua New Guinea Standard Industrial Classification, the updated 2011 National Population and Housing Census, the new Consumer Price Index, and the N.S.O’s Corporate Plan from 2015 to 2019.
The collaboration between the National Planning and Monitoring Department and the N.S.O underpinned these 4 areas to achieve accuracy with PNG’s population, to update the current trend of consumer purchasing, and bring PNG abreast with international standards of classifying its economic activities.
The updated Consumer Price Index is based on the new basket of goods and services derived from the results of the 2009/10 Household Income and Expenditure Survey.
The CPI measures changes in the price of a basket of goods which account for a high proportion of expenditures by town households in PNG. Prices were gathered from eight towns to compile the updated CPI.
The 2011 National Population and Housing Census at the Ward Level taken from the four regions of the country, aims to tackle the issue of population accuracy.
The PNG Standard Industrial Classification 2014 is more detailed than its previous structure from the year 2000, since its responds to the growing need of identifying new industries separately.
The PNGSIC 2014 is derived from the UN International Standard Industrial Classification 2008, with modifications done to suit PNG’s requirements to maintain consistency with international standards, for classifying data in the economic and social sectors.
The National Statistical Office Corporate Plan from 2015 to 2019 aims to underpin two of its major projects; the National Strategies for the Development of Statistics and the PNG National Identity Project.
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