Page 500 - Cục Thống kê tỉnh Hòa Bình

W qN4 : Weight of the VSIC 4-digit divisions. Weight of the VSIC

4-digit divisions is the value added at current price of the
base year 2010.

- Step 4: Calculating production index of VSIC 1-digit sector

The production index at 1-digit sector of VSIC industry is the
weighted average index of the production indices of VSIC 2-digit
divisions under the VSIC 1-digit sectors.

Formula:

I
I qN 1   qN 2  W qN 2

W
qN
2
Where:

I qN1 : Production index of the VSIC 1-digit sectors.
I qN2 : Production index of the VSIC 2-digit division.

W qN2 : Weight of the VSIC 2-digit divisions. Weight of the VSIC

2-digit divisions is the value added at current price of the
base year 2010.

- Step 5: Calculating production index of the whole industry

The production index of the whole industry is the weighted
average index of VSIC 1-digit sectors representing in the whole
industry.

Formula:

I 1  W qN 1
 qN
I Q 
 W qN 1
Where:

I : Production index of the whole industry.
Q
I qN1 : Production index of the VSIC 1-digit sectors.

457