Ag.No Price statistics briefing (b) ECP

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Presentation transcript:

Ag.No. 10.1 Price statistics briefing (b) ECP Doc.A6465/18/11 + appendices Ag.No. 10.1 Price statistics briefing (b) ECP Working Group on Articles 64 and 65 of the Staff Regulations Meeting in Luxembourg 21+22 March 2018

Content of this presentation Framework Reports/Assessment Data Publications Surveys (Consumer goods and services) Alina-Maria Preda, ESTAT unit C4

EUROSTAT-OECD Programme Regulation: Council/EP 1445/2007 Regulation: EU 2015/1163 Manual: Eurostat-OECD Methodological Manual on Purchasing Power Parities - 2012 version Regulation: Council/EP 193/2011

EUROSTAT-OECD Programme Regulation: Council/EP 1445/2007 Regulation: EU 2015/1163 Manual: Eurostat-OECD Methodological Manual on Purchasing Power Parities - 2012 version Regulation: Council/EP 193/2011 Specific up-to-date guidelines for each survey

EUROSTAT-OECD Programme Regulation: Council/EP 1445/2007 Regulation: EU 2015/1163 Manual: Eurostat-OECD Methodological Manual on Purchasing Power Parities - 2012 version Regulation: Council/EP 193/2011 Quality control

Assessment of countries' practices

Data Annual PPPs for 37 countries Derived indicators: PLIs, expenditures in PPPs, per capita volume indices, convergence indicators 61 categories Starting with 1995 Scaled to EU28=100, EU27=100, EU15=100

Data 2016 First preliminary results 2016 Preliminary results 2015 Semi-final results 2014 Final results

Data Updates in June and December http://ec.europa.eu/eurostat/web/purchasing-power-parities/data/database

Publications News releases Articles – SE Volume index of AIC per capita in PPPs Volume index of GDP per capita in PPPs Price levels for consumer goods and services Articles – SE GDP per capita, consumption per capita, price level indices Comparative price levels of consumer goods and services Comparative price levels for food, beverages and tobacco Comparative price levels for investment

PPP Working Group Standard topics Work plan PPP Inventories Surveys Methodologies Results

PPP Work plan Work plan – includes main steps of the PPP surveys Work plan – includes detailed steps on Consumer goods surveys, Capital Goods surveys Work plan – includes the plan of meetings Work plan – includes dates of the news releases and publications 2018 Work-plan approved in November 2017 by the PPP Working Group

Surveys Consumer goods and services Capital goods Housing services Government services Energy Health Education

Surveys Consumer goods and services Capital goods Housing services Government services Energy Health Education Machinery and Equipment Construction

Surveys Consumer goods and services Capital goods Housing services Government services Health Energy Education

Surveys Consumer goods and services Capital goods Housing services Government services Health Energy Education Food, Drinks and Tobacco Personal Appearance House and Garden Transport, Restaurants and Hotels Services Furniture and Health

Surveys Preview, Planning Pre-survey, Item list Price collection, Intra-country Validation Inter-country Validation, Evaluation

Survey: Preview, Planning Furniture and Health Food, Drinks and Tobacco Personal Appearance Methodology (review) Specific market situations (questionnaire) Structure of the item list

Survey: Pre-survey, Item list Services Furniture and Health Food, Drinks and Tobacco Products Commonly bought by households Available in more than one country Representative Comparable

Survey: Pre-survey, Item list

Survey: Price collection, Validation Services Furniture and Health Collection of price data Incl. Selection of outlets Prices to be collected Assigning representativity Intra-country validation

Survey: Validation, Evaluation House and garden Transport, Restaurants and Hotels Services Inter-country validation Comparison of results across countries Plausibility of resulting PPPs Assessment of results (survey results, annual national results)

Thank you for your attention!