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Current status of ongoing seasonal adjustment activities

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Presentation on theme: "Current status of ongoing seasonal adjustment activities"— Presentation transcript:

1 Current status of ongoing seasonal adjustment activities
2/23/2019 Current status of ongoing seasonal adjustment activities Rosa Ruggeri Cannata Eurostat - Unit D1 Key Indicators for European Policies

2 2/23/2019 Introduction Attention on harmonisation of SA practices for PEEIs and infra-annual statistics Revitalisation of the Seasonal Adjustment Steering Group Methodological changes in NA (chain-linking) Reconvention of the Task Force on Seasonal Adjustment of Quarterly National Accounts

3 Ongoing SA initiatives - Outline
2/23/2019 Ongoing SA initiatives - Outline Seasonal Adjustment Steering Group (joint with ECB DG Statistics) Task Force on Seasonal Adjustment of Quarterly National Accounts (joint with ECB DG Statistics) Training activities Improving Demetra

4 Seasonal Adjustment Steering Group
2/23/2019 Seasonal Adjustment Steering Group Co-chaired by ECB DG Statistics and Eurostat Composed by delegates from 8 Member States, both from NSIs and NCBs First meeting 14th February, Luxembourg Subgroup on ESS SA guidelines Subgroup on metadata template Next meeting 11th July Frankfurt

5 Task Force on SA of Quarterly National Accounts (1)
2/23/2019 Task Force on SA of Quarterly National Accounts (1) Co-chaired by ECB DG Statistics and Eurostat Composed by delegates 19 Member States, from NSIs, NCBs and Wifo First meeting - 15th February, Luxembourg Previous TF final report: 10 recommendations identified for review/amendment Subgroup to analyse different aspects of three chain-linking techniques currently used in European countries

6 Task Force on SA of Quarterly National Accounts (2)
2/23/2019 Task Force on SA of Quarterly National Accounts (2) Questionnaire run successfully on chain-linking practices Second meeting 23th-24th April, Frankfurt Discussion of the three papers on chain-linking techniques Discussion of an empirical study on calendar and seasonal factors of some NA components Creation of a group to draft a detailed paper about chain-linking effects on the correction of calendar adjustments

7 Other activities Demetra: Training activities
2/23/2019 Other activities Demetra: Recently improved in order to incorporate recent versions of X-12-Arima and TRAMO-SEATS engines X-12-Arima and TRAMO-SEATS on equal footing Training activities ESTP training in Luxembourg, 11th-15th June with the participation of David Findley, Agustin Maravall and Dominique Ladiray

8 2/23/2019 Future Work Finalise ESS SA guidelines and present them to the CMFB and the SPC Reflection has started on Demetra: Procedural or modular underlying architecture? Open source implementation language?

9 Thank you for your attention
2/23/2019 Thank you for your attention


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