Purchasing power of employees and pensioners
1. Contact
Responsible agency
Unit
Contact person
Position
Email (agency)
Phone
2. Statistical presentation
Data description
Data on purchasing power of employees and pensioners give information on goods, which a pensioner or employee could purchase, if using all monetary means to acquire one good.
Statistical concepts and definitions
Statistical unit
N/A
Statistical population
N/A
3. Institutional mandate
Legal acts and other agreements
N/A
4. Accessibility and clarity
On-line database
5. Comparability
Comparability - geographical
N/A
Length of comparable time series
N/A
6. Coherence
Coherence- cross domain
N/A
7. Statistical processing (data source etc.)
Source data
Calculations on purchasing power of employees are based on CSB quarterly reports on activities of commercial companies, individual merchants, institutions, foundations, associations and funds (2-Labour, 2-Labour (short), 2-Labour-Local Municipalities), administrative data sources and CSB sample survey on consumer prices.
Survey on purchasing power of pensioners is based on the data of the Ministry of Welfare Social Insurance Agency annual report “Report on number of pension and benefit recipients, average amount of pensions and benefits paid and total expenditure during the reference period” and results of the CSB sample survey on consumer prices.
Data collection
N/A
Data compilation
The purchasing power of employees is calculated by dividing the monthly average net wage and salary by the average retail price of one commodity unit.
The purchasing power of pensioners is calculated by dividing the average monthly old age pension paid by the average retail price of one commodity unit.