25 th april 2012 sasg monitoring ess guidelines on seasonal adjustment implementation pilar rey del...
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25th April 2012 SASG
Monitoring ESS Guidelines on Seasonal Adjustment Implementation
Pilar Rey del CastilloUnit B1 Quality, Methodology and Research
25th April 2012 SASG
Assessing the degree of compliance with the SA Guidelines
Study by Eurostat unit G3 based on the self-assessment of the
STS filled in by the reporting countries in June 2011.
SA Guidelines 3 sets of alternatives:
– (A) Best approach to be aimed at,
– (B) Acceptable option, especially when first alternative is resources
intensive,
– (C) Practices to be avoided.
And 6 chapters or items referring to different issues on SA
2
25th April 2012 SASG 3
Number of countries reporting complete A or B
compliance with the 2008 SA Guidelines
Series Countries1. Pretreat-
ment
2. Seasonal Adjust-
ment
3. Revision policies
4. Quality of SA
5. Specific issues
6. Data presen-tation
Industrial production
EU- 27 23 24 23 13 14 18
6 biggest 6 5 5 4 4 5
Industrial New Orders
EU- 27 10 11 10 6 5 9
6 biggest 2 2 2 2 1 2
Construction Production
EU- 27 20 21 21 10 13 16
6 biggest 5 5 5 4 4 5
Building PermitsEU- 27 2 2 3 3 2 4
6 biggest 0 0 1 1 1 1
Deflated turnover in retail trade
EU- 27 21 19 19 11 12 18
6 biggest 5 3 3 2 2 4
Turnover in other services
EU- 27 18 16 14 10 9 15
6 biggest 5 4 3 3 2 4
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85%
15% 11%
89%
15%
85%52%
48% 48%52%
33%
67%
63%
37%
59%41%
63%
37%
78%
22%
81%
19%
67%
33%
7%
93%
7%
93%
11%
89%
11%
89%
7%
93%
15%
85%
1. Pre- treatment
2. Seasonal Adjustment
3. Revision policies
4. Quality of SA
5. Specific issues
6. Data presentatio
n
Industrial Production
Industrial new orders
Building permits
25th April 2012 SASG
Summary
Results far from optimal
But:
– Not a legal requirement
– Some countries perform Seasonal Adjustment and do not
want to publish (or send to Eurostat) the figures
Only STS, not updated information available about
MSs National Accounts or other series
5
25th April 2012 SASG
Many thanks!!