Long abstract
A complete and consistent macroeconomic data set of the euro area
The introduction of the euro on the 1st of January 1999 makes a complete set of macroeconomic statistics for the euro area essential for macroeconomic analyses of the area. Eurostat and the European Central Bank (ECB) already produce certain national account, inflation, financial and monetary statistics for the euro area. These are available for a relatively short time period, and so far, have only a limited coverage, with few volume series in level terms . In the meantime, for the purpose of analysis, the OECD Secretariat has compiled annual series, in most cases extending over the past 25 years, for demand and output (volumes, price deflators and values in current price terms), potential output and the implied output gap, the appropriation account for households, the general government appropriation account, the cyclically-adjusted general government account, the labour market, the current account, interest rates, exchange rates and competitiveness indicators. The document describing the construction of these macro-economic series is available for downloading in PDF format. |
