International price comparison: Collection of price data for machinery and equipment (investment commodities)
The aim of the international price comparison is to produce country-specific purchasing power parities. Purchasing power parity is an exchange rate by which the prices of commodity baskets in two countries are made equal in a common currency.
The data collection is based on Regulation (EC) No 1445/2007 of the European Parliament and of the Council.
Prices for machinery and equipment are collected every two years for the price comparison of investment commodities. The next collection of price data for this group will take place in 2023.
Prices are collected from retailers, importers and manufacturers depending on the product that is being priced. In many cases the respondents are importers and manufacturers
regardless of where in Finland they are located. The prices are collected by assistant statisticians working for Statistics Finland mainly by telephone and email.
Approximately 200 prices are collected in the collection of price data for machinery and equipment.
The obligation to provide data is based on the Statistics Act (280/2004).
Respond to the inquiry
Statistikcentralens statistikintervjuare samlar in prisuppgifterna antingen vid ett besök i affären eller per telefon t.ex. i samband med prisinsamlingen för tjänster. Därtill samlas en del av priserna in per e-post.
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Data protection, rights and obligations
All data collected for statistical purposes are confidential. When processing data, it is seen to that no person's privacy or business or professional secret are endangered. Every person employed by Statistics Finland has signed a pledge of secrecy.