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1 11-14 September 2006OECD International Trade Statistics Experts Meeting OECD Main Economic Indicators Revisions Analysis Database Richard McKenzie OECD.

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Presentation on theme: "1 11-14 September 2006OECD International Trade Statistics Experts Meeting OECD Main Economic Indicators Revisions Analysis Database Richard McKenzie OECD."— Presentation transcript:

1 1 11-14 September 2006OECD International Trade Statistics Experts Meeting OECD Main Economic Indicators Revisions Analysis Database Richard McKenzie OECD Statistics Directorate

2 2 11-14 September 2006OECD International Trade Statistics Experts Meeting The Main Economic Indicators Original Release Data and Revisions Database Full time series of data published every month starting from the February 1999 edition of the Main Economic Indicators for 21 key economic variables Access OECD revisions analysis studies for GDP, Index of Industrial Production and Retail Trade Volume Automated programs and detailed user guide allowing users to perform there own revisions analysis for any country / variable combination available in the database Information on reasons for revisions and references to international recommendations for establishing revisions analysis policies (IMF SDDS and OECD)

3 3 11-14 September 2006OECD International Trade Statistics Experts Meeting The Main Economic Indicators Original Release Data and Revisions Database Monthly International Trade in Goods, s.a. current prices (imports and exports). First release data at monthly frequency from February 1999 All OECD countries, China, India, Brazil, Russia, South Africa Should be roughly the same as nationally released data and MTSI statistics –Publication timing differences may cause some minor discrepancies –MEI team performs the seasonal adjustment for about half the countries

4 4 11-14 September 2006OECD International Trade Statistics Experts Meeting The Main Economic Indicators Original Release Data and Revisions Database Current Account Balance, s.a. First release quarterly data at monthly frequency from February 1999 All OECD countries, China, India, Brazil, Russia, South Africa Should be roughly the same as nationally released data BOP data –Publication timing differences may cause some minor discrepancies –For about half the countries it is an aggregation of monthly data –MEI team performs the seasonal adjustment for TUR, POL, NLD, IRL, GRC and non-member country data is not s.a.

5 5 11-14 September 2006OECD International Trade Statistics Experts Meeting

6 6 11-14 September 2006OECD International Trade Statistics Experts Meeting http://stats.oecd.org/mei/default.asp?rev=1

7 7 11-14 September 2006OECD International Trade Statistics Experts Meeting

8 8 11-14 September 2006OECD International Trade Statistics Experts Meeting User Manual

9 9 11-14 September 2006OECD International Trade Statistics Experts Meeting

10 10 11-14 September 2006OECD International Trade Statistics Experts Meeting

11 11 11-14 September 2006OECD International Trade Statistics Experts Meeting

12 12 11-14 September 2006OECD International Trade Statistics Experts Meeting

13 13 11-14 September 2006OECD International Trade Statistics Experts Meeting Mean absolute revision to first estimates of year-on-year growth rates for Index of Industrial Production

14 14 11-14 September 2006OECD International Trade Statistics Experts Meeting Mean absolute revision to first estimates of year-on-year growth rates for the Index of Industrial Production

15 15 11-14 September 2006OECD International Trade Statistics Experts Meeting Mean absolute revision to first estimates of quarter-on-quarter growth rates for GDP

16 16 11-14 September 2006OECD International Trade Statistics Experts Meeting Promotion of the interface Two OECD Statistics newsletter articles and Statistics Brief OECD Statistics working paper Emails to working groups of statisticians, academics, central banks and economists through various networks Note from OECD Chief Statistician to heads of National Statistics Institutes – informing them of the tools available and encouraging them to perform their own revisions analysis Opportunity to present the results at meetings such as this

17 17 11-14 September 2006OECD International Trade Statistics Experts Meeting Questions?

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