Informatics professional services price indexes (IPSPI)

Informatics professional services price of economy, index

Informatics professional services price refers to process for various informatics services such as data processing and hosting; software and software licensing; computer systems design; and custom software design services. Changes in these prices can be measured using an index.

Economy refers to the entire set of resident institutional units. It is divided into sectors that consists of groups of resident institutional units. An institutional unit is resident in a country when it has a centre of economic interest in the economic territory of that country. It is said to have a centre of economic interest when there exists some location - dwelling, place of production or other premises - within the economic territory on, or from, which it engages, and intends to continue to engage, in economic activities and transactions on a significant scale either indefinitely or over a finite period of time.

The data for this variable are reported using the following measurements:

• Index using the value of a base year made equal to 100