A- DATA ORIGIN:
You have three different origins of the data:
1- Nationals statistics of each country. For more information, see below mentioned annex 1.
2- Prices and volumes available on the web
3- User price information and volumes if the user agrees to make them fully or partially public and which can be input "as is" or "camouflaged with a camouflage margin" to show only the price evolution and NOT the prices themselves.
B- DATA HANDLING:
Depending on the source the YQ Matrix handles the data in the following way:
YQ Matrix developed in close collaboration with Universities in Belgium and The Netherlands special software to analyze the national statistics and to eliminate statistical errors. Nevertheless, there will always remain a small portion of small statistical errors. Therefore, each market data screen has voting buttons: "I like", "I don't like" and a "I don't know". We kindly ask you to contribute to this site by expressing your vote if you believe the information held in that particular statistical set is corresponding to the reality or not. In this way, the procurement community knows which sets of national statistics are the most reliable ones. You will see the number of "likes" votes at the bottom of each graph.
2- Information on the web
YQ Matrix screens the web on a daily basis and summarizes de found prices in a single database. Users will be able to vote on these data too, so that the most liked price information is available to all procurement professionals
3- The user data
Each user has the possibility to enter their procurement prices into the YQ Matrix and to compare them with the market. Each user has the possibility to keep these prices private to himself, to make them public to other procurement people but camouflaged with a camouflage margin on top on his real prices or to make them public as there are without any camouflage margin.
The purpose of the camouflage margin is to grant the user the possibility to still make his price evolution known to other procurement people without divulging his real prices. After all, colleagues are more interested in the price move ranges (up or down) than into the price itself as the latter is very much depending from the specifications of the material.
For all graphs made by a user, he will always have three possibilities when it comes to confidentiality of the data:
1. Make his graph visible to all the registered users on the YQ Matrix.
2. Make his graph only visible to those people that receive the website link of that particular graph.
3. Make his graph private so that only the user can see the graph.
Annex 1: National Authorities responsible for the compilation of foreign trade Statistics
Belgium: National Bank of Belgium
Czech Republic: Czech Statistical office
Denmark: Danmarks Statistik
Germany: Statistisches Bundesamt
Estonia: Statistical office of Estonia
Greece: National Statistical Service of Greece
Spain: Departamento de Aduanas - Agencia Estatal de Administracion Tributaria
France: Direction Générale des Douanes et Droits Indirects & Département des statistiques et des études économiques
Ireland: Central Statistical Office
Italy: Istituto Nazionale di Statistica
Cyprus: Statistical Service of Cyprus
Latvia: Central Statistical Bureau of Latvia
Lithuania: Statistics Lithuania
Luxembourg: Service Central de la Statistique et des Etudes Economiques & European Commission (eurostat)
Hungary: Hungarian Central Statistical Office
Malta: National Statistical Office
Netherlands: Centraal Bureau voor de Statistiek
Austria: Statistik Österreich
Poland: Central Statistical Office
Portugal: Instituto Nacional de Estatistica
Slovenia: Statistical Office of the Republic of Slovenia
Slovakia: Slovak Statistical Office
Finland: National Board of Customs
Sweden: Statistics Sweden
United Kingdom: HM Customs & Excise - Statistics and analysis of Trade unit