MAIN ECONOMIC INDICATORS DATABASE NOTES

AUGUST 2003

AVAILABLE ON DISK FROM 08/08/2003
(STA05)DBNotes/Aug

 

SEASONAL ADJUSTMENTS

New seasonal adjustments by OECD are generally carried out once a year, when the December figure is available. Revisions to individual series due to new seasonal adjustments by national source or by OECD are not signalled in this note.

CANADA
Construction
 The following series have been revised by source from 2001 to incorporate additional information on data related to the city of Toronto.
   Construction permits residential buildingsCAN.CNPIRE01.NCML
   Construction permits residential buildings saCAN.CNPIRE01.NCMLSA
   Construction permits: total buildingsCAN.CNPITB01.NCML
   Construction permits: total buildings saCAN.CNPITB01.NCMLSA




UNITED STATES
Employment
 The following series have been revised due to the implementation of the 2000 North American Classification system (NAICS).
   Employees: manufacturing SAUSA.EMDPIN03.STSA
   employees: non farm SAUSA.EMDPTT04.STSA
Other labour market indicators
 The following series have been revised due to the implementation of the 2000 North American Classification system (NAICS).
   WEEKLY HOURS OF WORK MFGUSA.OLHWMN02.ST
   WEEKLY HOURS OF WORK MFG SAUSA.OLHWMN02.STSA
   WEEKLY OVERTIME OF WORK MFGUSA.OLOVMN02.ST
   WEEKLY OVERTIME OF WORK MFG SAUSA.OLOVMN02.STSA
Labour compensation
 The following series has been revised by source for the entire period due to a new classification (NAICS):
   Hourly earnings manufacturingUSA.LCEAMN01.IXOB
 The following series has been revised due to the implementation of the 2000 North American Classification system (NAICS).
   Hourly earnings total private saUSA.LCEATT01.IXOBSA

AUSTRALIA
Domestic Demand
 Quarterly chain volume data for the following series incorporate a new base year 2001-02 which has resulted in small revisions for the last few years. In addition, the referency year has been advanced to 2001-02 which has resulted in revisions to level for all periods:
   retail sales NCIXOBSA - proxyAUS.DDRSVO01.IXOBSA
   RETAIL SALES CONSTANT PRICESAUS.DDRSVO01.NCQL
   RETAIL SALES CONSTANT PRICES SAAUS.DDRSVO01.NCQLSA

JAPAN
Production
 New national base year (2000=100) for the following series:
   CAPACITY UTIL MFG INDEX SAJPN.PRCUMN01.IXOBSA


KOREA
Business tendency surveys (manufacturing)
 The following series are now supplied on a monthly basis, starting with data for January 2003:
   BSS BUSINESS SITUATION:CURRENTKOR.BSBUCT01.ST
   BSS BUSINESS SITUATION:PROSPECTSKOR.BSBUPO01.ST
   BSS JUDGEMENT ON CAPACITY UTILKOR.BSCUJG02.ST
   BSS FIN GOODS STOCKS:LEVELKOR.BSFGLV01.ST
   BSS ORDERS INFLOW FUT TENDENCYKOR.BSOIFT01.ST
Producer Prices
 New national base year (2000=100) for the following series.
   PPI AGRICULTURE FOREST MARINEKOR.PPAGTT01.IXOB
   PPI MININGKOR.PPIAMI01.IXOB
   PPI MANUFACTURINGKOR.PPIAMP01.IXOB
   PPI TOTALKOR.PPIATT01.IXOB
   PPI ELECTRICITY WATER GASKOR.PPOEUT01.IXOB



NEW ZEALAND
Production
 The following series have been suppressed:
   GDP AGRICULTURE VOL. INDEXNZL.PRPEAG02.NCIXOB
   GDP AGRICULTURE VOL. INDEX SANZL.PRPEAG02.NCIXOBSA
 The following series has been included (replacing NZL.PRPEAG02.NCIXOB). It refers to agriculture, forestry and fishing:
   GDP AGRICULTURE VOL. INDEXNZL.PRPEAG01.NCIXOB
 The following series has been included (replacing NZL.PRPEAG02.NCIXOBSA). It refers to agriculture, forestry and fishing:
   GDP AGRICULTURE VOL. INDEX SANZL.PRPEAG01.NCIXOBSA

DENMARK
Foreign Trade
 The following series have been revised by source from 2002 following the introduction of a new methodology for that period. At the same time, data prior to 2000 have been corrected:
   ITS Exports f.o.b. total saDNK.XTEXVA01.CXMLSA
   ITS Exports f.o.b. totalDNK.XTEXVA01.NCML
   ITS Exports f.o.b. total saDNK.XTEXVA01.NCMLSA
   ITS Imports c.i.f. total saDNK.XTIMVA01.CXMLSA
   ITS Imports c.i.f. totalDNK.XTIMVA01.NCML
   ITS Imports c.i.f. total saDNK.XTIMVA01.NCMLSA
   ITS Net trade (f.o.b. - c.i.f.) saDNK.XTNTVA01.CXMLSA
   ITS Net trade (f.o.b. - c.i.f.)DNK.XTNTVA01.NCML
   ITS Net trade (f.o.b. - c.i.f.) saDNK.XTNTVA01.NCMLSA

ICELAND
Domestic credit and debt
 The following series has been suppressed:
   BANK CREDIT TO PRIVATE SECTORISL.CRBLPV01.ST


ITALY
Production
 The following series have been revised to insure that the monthly average for series in national base year is 100 for the year 2000:
   Industrial production ISIC C-EITA.PRPEIN01.IXOB
   Industrial production ISIC C-E saITA.PRPEIN01.IXOBSA
   IIP MANUFACTURINGITA.PRPEMN01.IXOB
   IIP MANUFACTURING SAITA.PRPEMN01.IXOBSA
   IIP CONSUMER GOODSITA.PRTGCG01.IXOB
   IIP CONSUMER GOODS SAITA.PRTGCG01.IXOBSA
   IIP INTERMEDIATE GOODSITA.PRTGIG01.IXOB
   IIP INTERMEDIATE GOODS SAITA.PRTGIG01.IXOBSA
   IIP INVESTMENT GOODSITA.PRTGVG01.IXOB
   IIP INVESTMENT GOODS SAITA.PRTGVG01.IXOBSA
Producer Prices
 The following series have been revised from 1991 to 2000 in order to incorporate data provided by source on base year 2000=100.
   PPI TOTAL - proxyITA.PPIAMP01.IXOB
   PPI TOTALITA.PPIATT01.IXOB
   PPI CONSUMER GOODSITA.PPTGCG01.IXOB
   PPI INVESTMENT GOODSITA.PPTGVG01.IXOB


NORWAY
Labour compensation
 New national base year (2000=100) for the following series from 1998:
   Monthly earnings manufacturing proxyNOR.LCEAMN01.IXOB
 New national base year (2000=100) for the following series.
   Monthly earnings manufacturingNOR.LCEAMN03.IXNB

TURKEY
Labour compensation
 The following series has been revised by source to incorporate other payments such as bonuses or indemnities.
   Hourly earnings, manufacturingTUR.LCEAMN01.IXOB





EURO AREA
Production
 New source base year (2000=100) for the following series:
   IIP ConstructionEMU.PRPECN01.IXOB
   IIP Construction, saEMU.PRPECN01.IXOBSA
   Industrial production ISIC C-EEMU.PRPEIN01.IXOB
   Industrial production ISIC C-E saEMU.PRPEIN01.IXOBSA
   IIP ManufacturingEMU.PRPEMN01.IXOB
   IIP Manufacturing, saEMU.PRPEMN01.IXOBSA
   IIP Durable Consumer GoodsEMU.PRTGCG02.IXOB
   IIP Durable Consumer Goods, saEMU.PRTGCG02.IXOBSA
   IIP Non-durable Consumer GoodsEMU.PRTGCG03.IXOB
   IIP Non-durable Consumer Goods, saEMU.PRTGCG03.IXOBSA
   IIP Intermediate GoodsEMU.PRTGIG01.IXOB
   IIP Intermediate Goods, saEMU.PRTGIG01.IXOBSA
   IIP Investment GoodsEMU.PRTGVG01.IXOB
   IIP Investment Goods, saEMU.PRTGVG01.IXOBSA
Manufacturing
 New source base year (2000=100) for the following series:
   Turnover Value Total, saEMU.MNSLVA01.IXOBSA
   Turnover Value, Durable Consumer Goods, saEMU.MNSLVA05.IXOBSA
   Turnover Value, Non-durable Consumer Goods, saEMU.MNSLVA06.IXOBSA
   Turnover Value Intermediate Goods, saEMU.MNSLVA07.IXOBSA
   Turnover Value Investment Goods, saEMU.MNSLVA08.IXOBSA
Construction
 New source base year (2000=100) for the following series:
   Construction permits: residential buildingEMU.CNPIRE01.IXOB
   Construction permits: residential building saEMU.CNPIRE01.IXOBSA
Domestic Demand
 New source base year (2000=100) for the following series:
   Retail Sales, Total VolumeEMU.DDRSVO01.IXOB
   Retail Sales, Total Volume, saEMU.DDRSVO01.IXOBSA
Producer Prices
 New national base year (2000=100) for the following series.
   PPI Total Manufacturing - Domestic MarketEMU.PPIAMP01.IXOB
   PPI Durable Consumer Gds - Dom. MktEMU.PPTGCD01.IXOB
   PPI Intermediate Goods - Domestic MarketEMU.PPTGIG01.IXOB
   PPI Non-durable Consumer Gds - Dom. MktEMU.PPTGND01.IXOB
   PPI Investment Goods - Domestic MarketEMU.PPTGVG01.IXOB

SOUTH AFRICA
Domestic Demand
 Units of the following series have been corrected:
   Retail sales new pass. cars: nbrZAF.DDRSVA06.ML
   Retail sales new pass. cars: nbr saZAF.DDRSVA06.MLSA

FOR FURTHER DETAILS

Detailed methodological information, updated with a delay of one month, is available on this CD-ROM in \doc\MetaCtr.htm or at http://www.oecd.org/document/48/0,2340,en_2649_34247_1912816_1_1_1_1,00.html

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