1. Ivo Havinga United Nations Statistics Division
Overview of Programme of Working Group on Data Template and Analytical Indicators
Ivo Havinga
United Nations Statistics Division

2. Main objectives Determine data and meta data structure
Review supporting statistical methodology
Explore feasibility of national central data hubs
Apply strategic approach with diagnostic tool

3. Data template of High Frequency Indicators (HFI)
Purpose
Economic monitor for macroeconomic surveillance
Early warning signals and business cycle monitoring
SNA compliant and compliant with other internationally accepted standards: BPM, prices, business statistics, etc.

4. Data template of HFI Scope
12 categories (national accounts, production, prices, markets (labor, real estate and financial markets) and sectors (government, financial, non-financial, household and external sector)
Periodicity and timeliness (monthly and quarterly)

5. Data template of HFI Macro structure for 12 categories:
Tier 1 (internationally accepted core set)
Tier 2 and 3: strategic indicators (sectoral accounts and “new” indicators but less available) and country specific indicators
Adaptable to specific sectoral policy needs: agriculture and rural development and industrial sector indicators
Flexible for alternative groupings for policy purpose (e.g. housing sector, financial sector, household consumption, etc.)

6. Meta data structure Standard harmonized structure
Short description (basic information for statistical indicator – at international level)
Detailed description (SDMX format with structured methodological description –propose limited “chapters” at country level)

7. Supporting internationally accepted statistical standards and country practices
UN Knowledge Base on Economic Statistics established
Single entry point (23 statistical (sub) domains, interactive search
Active country support in country practices
Structure based on International Classification of Economic Activities
Methodological gaps identified related to Data template for HFI (e.g. new order index, production index for construction)

8. Structure

9. National centralized data hubs
Single access point in countries:
standard internationally accepted data and meta data dissemination template of HFI (“Economic Monitor”)
tool for improved accessibility of data
tool for harmonization and improved comparability of statistics and indicators
tool for standardization of data transmission

10. Strategic approach Approach integration of economic statistics
SNA as comprehensive framework
statistical production process covering institutional arrangements and management culture, registers and frames, sources (surveys and use of administrative data), integration and communication and dissemination
Assessment through diagnostic tool and monitoring and reporting using
international classification of statistical activities

11. Strategic approach
Assessment, vision and implementation including monitoring and reporting using
international classification of statistical activities
diagnostic tool to review integrated data collection
diagnostic tool to review integrated dissemination of national accounts and component data at annual and agreed infra annual periodicity and timeliness

12. Thank you.