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

2. 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

3. 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

4. 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

5. 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

6. 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

7. 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

8. 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

9. 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