Euro-indicators Working Group Luxembourg, 4th & 5th December 2008 Eurostat – Unit D1 Key indicators for the European policies

The new PEEIs publication Item 9.3 of the Agenda The new PEEIs publication By Justyna Gniadzik Doc 247/08 Eurostat – Unit D1 Key indicators for the European policies

New publication series New publication series in the Eurostat publication programme Objective: to explain the statistics to general users 2007: “European Price Statistics” cross-cutting publication on prices 2008: PEEIs publication Eurostat – Unit D1 Key indicators for the European policies

Target group and aim Target group: non-specialized users Aim: help the readers to understand the main methodological PEEIs concepts explain how each PEEI is linked to economic phenomena and polices illustrate the relationships and differences between PEEIs Eurostat – Unit D1 Key indicators for the European policies

Structure Introductory chapter Eight chapters grouping 22 selected PEEIs: National Accounts External Transactions Prices Labour Market Business Indicators Government Accounts Financial Market Economic Sentiment Indicator Eurostat – Unit D1 Key indicators for the European policies

General content (1) Introductory chapter General overview of the role of the PEEIs with respect to the business cycle in general and monetary policy in particular Historical background Improvements of PEEIs Flash estimates and increasing of timeliness Increasing of coverage the harmonization of PEEIs production process in key areas such as seasonal adjustments, revisions, estimations, etc. Importance of PEEIs for economic analysis and policy making Eurostat – Unit D1 Key indicators for the European policies

General content (2) PEEIs specific chapters key methodological aspects and the economic importance of each PEEI, in particular: what is measured by the indicator particular issues related to the indicator from a statistical point of view its role in the business cycle, e.g. in which way it is a measure of demand and what is the relation to the business cycle Data availability Graphical illustration Eurostat – Unit D1 Key indicators for the European policies

Work flow and next steps Relevant and complete information due to close cooperation with: concerned Eurostat production units Unit B6: Dissemination Work progress: Introductory chapter Finalised => discussed with Unit B6 Specific chapters Drafted => discussed with production units Release – first quarter 2009 Eurostat – Unit D1 Key indicators for the European policies

The Working Group is invited to: give their opinion on the proposal of a new publication and indications for its improvement inform about already available publications on key indicators at national level Eurostat – Unit D1 Key indicators for the European policies