1. Overview of GDP flash estimation methods
Samu Hakala (Statistics Finland), Kristina Kiriliauskaite (Statistics Lithuania), Stefan Leist (Bundesamt für Statistik, CH), Kornel Mahlstein (Bundesamt für Statistik, CH), Filippo Moauro (ISTAT, IT)(*), Jurga Rukšėnaitė (Statistics Lithuania) Michal Široký (Czech Statistical Office)
EUROSTAT task force ‘GDP Flash at T+30 days’ Working group Methods and estimation technique Contribution to the sixth meeting, Luxemburg, 22 June Giugno 2015,
Eurostat, room B2/464
(*) sub-group leader and giving the presentation

2. Layout of the presentation
State of play
Main revisions of the document
Summary of the document
Remaining actions
Conclusions and final reactions from the TF
EUROSTAT task force ‘GDP Flash at T+30 days’ Working group Methods and estimation technique

3. State of play (1) Works of the sub-group are almost finished
Developed a working paper version of the document on estimation methods
Revisions to the previous documents on:
the format
I revised each paragraph at the end, trying to render softer ‘options’ and ’alternatives’.
The two paragraphs are now unified in only one paragraph titled ‘options and suggestions’;
I removed from the introducing chapter all the sentences with reference to guidelines and best practices
EUROSTAT task force ‘GDP Flash at T+30 days’ Working group Methods and estimation technique

4. State of play (2) Other revisions:
I removed from the introducing chapter all the sentences with reference to guidelines and best practices;
The appendix with comments to specific answers provided by country have been removed;
Same for the summary table with answers.
I made minor adjustments to the text
My opinion is that now the document is farer by possible misinterpretation
It is clear that it is not a guideline
EUROSTAT task force ‘GDP Flash at T+30 days’ Working group Methods and estimation technique

5. Structure of the document
Schematic document with style more in line with the Handbook on QNA
In each section now:
Description
Options and suggestions
Structured in 4 parts + the annex
Introduction
Preliminary analysis
Forecasting missing data
Analysis of results
Annex – EM questionnaire and summary view of answers
EUROSTAT task force ‘GDP Flash at T+30 days’ Working group Methods and estimation technique

6. Remaining action Final readings Work for other contributors:
Please have a look at my proposal and change it in order to upgrade its level of comprehension or delete out mistakes. Also be free to make other adjustments and refinements to the text.
Still open to revisions coming from:
other sub-group members
Eurostat
discussion now in the meeting or later by
Deadline October the 16-th?
I invite all of you to participate
EUROSTAT task force ‘GDP Flash at T+30 days’ Working group Methods and estimation technique

7. Conclusions and final reactions
Very happy for the result
The document, if published among the Eurostat ‘Statistical working paper’, could be further developed in the future
We all hope the work of the task force will continue by its practical implementation since next year
This will give impulse to further work- research
Open to questions from the TF
EUROSTAT task force ‘GDP Flash at T+30 days’ Working group Methods and estimation technique