SEASONAL ADJUSTMENT METADATA TEMPLATE 1 (1/2) GUIDELINES / GLOSSARY Group of series: INDEX OF INDUSTRIAL TURNOVER INDEX TurkStat Country / Institution Contact for SA Mr. Ahmet PALAS/ Head of Industrial Statistics Group ahmet.palas@tuik.gov.tr Mr. Uğur İlker ERDOĞAN ugurerdogan@tuik.gov.tr GENERAL INFORMATION Frequency Published series/ relevant series Monthly Kind of adjustment Raw series(Total,D,ND) Only calendar adjusted Other adjustments (e.g. outliers correction) Only seasonally adjusted Seasonally and calendar adjusted Trend-cycle Others Method used Software used Publications 4 digits 3 digits NACE nomenclature (number of series) 2 digits 2 letters 1 letter MIGs 15 82 7 Total 4 63 8 TRAMO SEATS TSW Industrial Turnover Index http://tuikapp.tuik.gov.tr/Dagitim_uyg/?kn=76&locale=en 1 CALENDAR ADJUSTMENT Trading/working day adjustment (both published and confidential series) Kind of calendar effects 4 digits 3 digits No effect Trading/working day (1 regressor ) Moving holidays (Easter) Leap year Others No calendar adjustment Calendar used NACE nomenclature 2 digits 2 letters 1 letter 11 71 MIGs 1 Total 14 Turkey special calendar regressor OTHER PRE-ADJUSTMENT Detection and replacement of outliers Automatic outlier detection and adjustment procedures applied. SEASONAL ADJUSTMENT Model/filter selection Seasonal adjustment decomposition Type 4 digits Manual Automatic Type Additive Log-additive Multiplicative Other 3 digits NACE nomenclature 2 digits 2 letters 1 letter 82 MIGs Total 15 11 2 71 13 AGGREGATION Direct adjustment / indirect adjustment via components Indirect adjustment (Seasonal and calendar adjustment applied at two digit level and upper indices are calculated by using this series) Consistency amongst the different levels of breakdown Time consistency (monthly/annual or quarterly/annual) 1 Monthly Annex of ESS Guidelines on Seasonal Adjustment, 2009 edition (2/2) REVISIONS Model, filters, outliers, calendar regressors re-identification Parameters / factors re-estimation Horizon for published revisions The model, filters, outliers and calendar regressors are re-identified once a year (partial concurrent adjustment) The respective parameters and factors are re-estimated every time a new or revised data becomes available. Outliers are re-estimated by the period of the last year Revisions are implemented on the data of the last three years excluding the current year when seasonally and calendar adjusted series are published. QUALITY INDICATORS Quality measures used Wide range of quality measures, together with graphical and spectral analysis provided by the software is used. Such as model fit, significance and plausibility of calendar adjustment coefficients and outliers, seasonality tests, residual seasonality etc. AVAILABILITY OF STRUCTURAL METADATA Links to methodological reports Links to national calendar used Availability of detailed information sufficient to allow users to replicate the process http://www.tuik.gov.tr/indir/m_t_metaveri/sce_mv.pdf (in Turkish only) http://en.wikipedia.org/wiki/Public_holidays_in_Turkey -