1. GDP Flash estimates at t+30 days Conclusions June TF meeting
Hans Wouters ESTAT, Unit C.2

2. Content Issues discussed in June TF meeting
Decisions taken and (adjusted) time schedule
Item 1 TF GDP t+30 Dec '13

3. 1.Issues discussed in June '13 TF meeting (1)
Current state of play t+30 estimates in MS
Rather heterogeneous
Questionnaire on inventory of national sources
Development methods/estimation techniques
Development assessment criteria
Development of communication strategy
Item 1 TF GDP t+30 Dec '13

4. 1.Issues discussed in June '13 TF meeting (2)
Production and assessment of test estimates
Scope: growth rates of seasonally and calendar adjusted quarterly GDP volumes
Period covered: 2012Q1-2013Q4 (back data) and 2014Q1 onwards (real time data)
Role of contractor
Support countries with estimations (voluntary)
Support ESTAT with estimations
Item 1 TF GDP t+30 Dec '13

5. 2.Decisions taken and (adjusted) time schedule (1)
What
When
Who
Short description of current state of play GDP flash estimates
End-June 2013
All TF Members
Inventory of sources and methods – development of template
End-July 2013
CH, ESTAT
Inventory of sources and methods – completion of the questionnaire
End-November 2013
Inventory of sources and methods – compilation of summary overview
December '13 meeting
Contractor
Item 1 TF GDP t+30 Dec '13

6. 2.Decisions taken and (adjusted) time schedule (2)
What
When
Who
Start of work of 3 horizontal working groups (1. Methods and estimation techniques, 2. Quality criteria, 3. Communication)
December '13 meeting
Lead group 1) IT, lead group 2) UK. Volunteering TF members
Test calculations – ‘real time’ provision of national data every quarter from 2014Q1 onwards
End-April 2014, end-July 2014, etc.
All TF Members
Test calculations – provision of available back data on 2012Q Q4
End-December 2014
Production of EU and EA GDP test flash – back data and each quarter to come
Eurostat, contractor
Item 1 TF GDP t+30 Dec '13

7. GDP Flash estimates at t+30 days Conclusions June TF meeting
Hans Wouters ESTAT, Unit C.2