June 2008 OECD STESWP Short term economic indicators at Statistics New Zealand Louise Holmes-Oliver

Outline Sub-annual Business Indicators Electronic card transaction series Future plans

Sub-annual Business Indicators 1.Overseas Trade 2.Retail 3.Building consents 4.Accommodation 5.Building activity 6.Electronic Card Transactions 7.Wholesale 8.Manufacturing

Electronic Card Transactions Introduction Coverage Use Challenges

Coverage Transactions through POS terminals Debit, credit and charge card –Total –Retail –Core Retail Actual, SA, trend values Transaction Volumes

Challenges 1.Private supplier 2.Methodological 3.Consistency of supply 4.Expansion of use

Comparison with Retail Trade Survey

Future directions Statistical architecture model

Subannual Financial Information Current Practice Survey Data Tax Data

Subannual Financial Information Survey Data Tax Data Future

Principles Maintain quality Use administrative data where possible Surveys used to fill the gaps Integrated using population frames Support microdata analysis Use best quality admin data first

Business Frame Economic Statistics Database Strategy Sample Surveys Administrative Data

Questions?