DBNotes Countries - Oct08

MAIN ECONOMIC INDICATORS DATABASE NOTES
OCTOBER 2008

AVAILABLE ON DISK FROM 10/10/2008
(STA05)DBNotes/Oct

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.

FOR FURTHER DETAILS


Detailed methodological information, updated in real time, is available at http://stats.oecd.org/mei/.
Questions relating to these database notes should be directed by e-mail to stat.contact@oecd.org.

Countries List

CANADA    JAPAN    KOREA    NEW ZEALAND    AUSTRIA    DENMARK    FRANCE    HUNGARY    SPAIN    SWEDEN    UNITED KINGDOM    BRAZIL    CHINA    INDIA    INDONESIA    RUSSIAN FEDERATION    SOUTH AFRICA    


CANADA

(Back to the countries list)

Production
 The following series have been revised by Statistics Canada for the following reasons: incorporation of the revised 2004 and the new 2005 input-output annual benchmark values; the incorporation of revisions to source data for previous years; the updating of trading-day and seasonal factors, as well as changes in methodologies, particularly as regards repair construction activities:
   Production of total constructionCAN.PRCNTO01.NCIXOB
   Production of total construction saCAN.PRCNTO01.NCIXOBSA
   Production of total constructionCAN.PRCNTO01.NCML
   Production of total construction saCAN.PRCNTO01.NCMLSA
Work in progress
 The following series has been revised by Statistics Canada for the following reasons: incorporation of the revised 2005 and the new 2006 Annual Survey of Manufacturers data; the incorporation of revisions to source data for previous years and the updating of trading-day and seasonal factors:
   Work in progress for total manufactured goods (Value) saCAN.WIMNTO02.STSA
Stocks
 The following series have been revised by Statistics Canada for the following reasons: incorporation of the revised 2005 and the new 2006 Annual Survey of Manufacturers data; the incorporation of revisions to source data for previous years and the updating of trading-day and seasonal factors:
   Stocks of manufactured finished goods (Value) saCAN.STMNFG02.STSA
   Stocks of raw materials (Value) saCAN.STMNRM02.STSA


JAPAN

(Back to the countries list)

Hours
 From January 1981 onwards, data for the following series are now seasonally adjusted by the source agency:
   Monthly hours worked: manufacturing saJPN.HOHWMN03.IXOBSA
Wholesale prices
 The following series has been suppressed by the OECD:
   WPI TOTALJPN.WPIAIP01.IXOB


KOREA

(Back to the countries list)

Sales
 New national base year (2005=100) for the following series are re-referenced to the OECD reference year (2000=100):
   Total wholesale trade (Volume)KOR.SLWHTO01.IXOB
   Total wholesale trade (Volume) saKOR.SLWHTO01.IXOBSA
Interest Rates
 The following series has been revised by source due to the rounding process.
   Overnight interbank rateKOR.IRSTCI01.ST

NEW ZEALAND

(Back to the countries list)

Production
 Since the March 2008 quarter release all industries have been revised due to the incorporation of current price annual industry value added statistics for 2004 and 2005 ( derived from balanced supply-use tables) and the updating of annual chain-linking weights:
   Production of total constructionNZL.PRCNTO01.NCIXOB
   Production of total industryNZL.PRINTO01.IXOB
   Production in total manufacturingNZL.PRMNTO01.IXOB
   Production in total services sectors NZL.PRSOTO01.NCIXOB

AUSTRIA

(Back to the countries list)

National Accounts
  Austria has reported newly revised national accounts quarterly time series, reflecting, in the main revisions arising from a new survey based balance of payments system and some conceptual changes, for example the inclusion of estimates on illegal production. For more information users are referred to Statistics Austria’s website: http://www.statistik.at/web_en/statistics/national_accounts/gross_domestic_product/annual_data/index.html:
   Exports of goods and services AUT.CMPEXP.VIXOBSA
   Government final consumption expenditure AUT.CMPGC.VIXOBSA
   Gross domestic product AUT.CMPGDP.VIXOBSA
   Gross fixed capital formation AUT.CMPGF.VIXOBSA
   Imports of goods and services AUT.CMPIMP.VIXOBSA
   Private final consumption expenditure AUT.CMPPC.VIXOBSA
   Exports of goods and services AUT.EXPEXP.LNBQRSA
   Government final consumption expenditure AUT.EXPGC.LNBQRSA
   Gross domestic product AUT.EXPGDP.CQRSA
   Gross domestic product AUT.EXPGDP.DNBSA
   Gross domestic product AUT.EXPGDP.LNBQRSA
   Gross fixed capital formation AUT.EXPGF.LNBQRSA
   Imports of goods and services AUT.EXPIMP.LNBQRSA
   Private final consumption expenditure AUT.EXPPC.LNBQRSA

DENMARK

(Back to the countries list)

Stocks
 Considerable revisions to figures from the 1st quarter of 2005 onwards have been made. The revisions reflect an error in the implementation of price indices used for converting current prices to 2000 prices. More information (in Danish) on the error can be found at: www.dst.dk/nytkom/11960:
   Stocks of total manufactured goods (Value) DNK.STMNTO02.NCCU

FRANCE

(Back to the countries list)

Employment
 The following series have been revised by source for the period Q1 2002 onwards. The revisions incorporate new information from primary sources as well as the annual September adjustment to ensure coherency between data for December 2006 and 2007, plus new seasonal adjustments. See http://www.insee.fr/en/themes/indicateur.asp?id=30&type=1 for further details (English text).
   Employees: manufacturing saFRA.EMEYMN01.STSA
   Employees: market services saFRA.EMEYMS01.STSA
   Employees: market sectors (business survey) saFRA.EMEYTTBS.STSA

HUNGARY

(Back to the countries list)

Production
 The following series have been revised by source:
   Production in total mining HUN.PRMITO01.IXOB
   Production in total mining saHUN.PRMITO01.IXOBSA

SPAIN

(Back to the countries list)

Other prices
 New national base year (2005=100) for the following series is re-referenced to the OECD reference year (2000=100)
   Cost of construction: all buildingsESP.OPCNTB01.IXOB


SWEDEN

(Back to the countries list)

Hours
 The seasonal adjustments for the months and the quarters of the following series are now performed separately (see ST series):
   Weekly hours worked: industry excluding construction saSWE.HOHWIN02.STSA
 The quarterly and annual data for the following series are now supplied directly by source. As the underlying data are weekly, quarterly and annual data are not (as previously shown) averages of the monthly figures.
   Weekly hours worked: industry excluding construction SWE.HOHWIN02.ST


UNITED KINGDOM

(Back to the countries list)

Production
  The following series have been revised by source due to the introduction of some methodological changes in January 2008, more can be found on the National Statistics website at: http://www.statistics.gov.uk/elmr/01_08/downloads/ELMR_Jan08.pdf . Additionally, the weights used within the IoP have been updated to reflect improvements made to National Accounts to include the allocation of financial services activity across the production sector. More details on this at: http://www.statistics.gov.uk/elmr/06_08/downloads/ELMR_Jun08.pdf. Finally, the Producer Price Index (PPI) deflators were rebased to 2005=100 which were previously set at 2000=100. This caused some revisions to the Index of Production home deflators:
   Production of total industry GBR.PRINTO01.IXOB
   Production of total industry saGBR.PRINTO01.IXOBSA
   Production of manufactured durable consumer goods GBR.PRMNCG02.IXOB
   Production of manufactured durable consumer goods saGBR.PRMNCG02.IXOBSA
   Production of manufactured non-durable consumer goods GBR.PRMNCG03.IXOB
   Production of manufactured non-durable consumer goods saGBR.PRMNCG03.IXOBSA
   Production of total manufactured intermediate goods GBR.PRMNIG01.IXOB
   Production of total manufactured intermediate goods saGBR.PRMNIG01.IXOBSA
   Production in total manufacturing GBR.PRMNTO01.IXOB
   Production in total manufacturing saGBR.PRMNTO01.IXOBSA
   Production of total manufactured investment goods GBR.PRMNVG01.IXOB
   Production of total manufactured investment goods saGBR.PRMNVG01.IXOBSA
National Accounts
 Financial intermediation services indirectly measured (FISIM) allocated to industries and institutional sectors has been introduced.
   Exports of goods and services GBR.CMPEXP.VIXOBSA
   Government final consumption expenditure GBR.CMPGC.VIXOBSA
   Gross domestic product GBR.CMPGDP.VIXOBSA
   Gross fixed capital formation GBR.CMPGF.VIXOBSA
   Imports of goods and services GBR.CMPIMP.VIXOBSA
   Private final consumption expenditure GBR.CMPPC.VIXOBSA
   Exports of goods and services GBR.EXPEXP.LNBQRSA
   Government final consumption expenditure GBR.EXPGC.LNBQRSA
   Gross domestic product GBR.EXPGDP.CQRSA
   Gross domestic product GBR.EXPGDP.DNBSA
   Gross domestic product GBR.EXPGDP.LNBQRSA
   Gross fixed capital formation GBR.EXPGF.LNBQRSA
   Imports of goods and services GBR.EXPIMP.LNBQRSA
   Private final consumption expenditure GBR.EXPPC.LNBQRSA
   Residual item (gdp by exp) GBR.EXPSD.LNBQRSA
   Changes in inventories GBR.EXPST.LNBQRSA

BRAZIL

(Back to the countries list)

National Accounts (for non-member countries)
 The following series has been included:
   Gross domestic product, current pricesBRA.SNACTT01.CXCU



CHINA

(Back to the countries list)

Producer Prices
 The following series has been included:
   Producer prices: totalCHN.PPIATT01.IXOB
Consumer Price Index
 The following series have been included:
   Consumer prices: all itemsCHN.CPALTT01.IXOB
   Consumer prices: foodCHN.CPGDFD01.IXOB
   Consumer prices: servicesCHN.CPSETT01.IXOB
National Accounts (for non-member countries)
 The following series has been included:
   GDP Gross domestic product, current pricesCHN.SNGCTT01.CXCU

INDIA

(Back to the countries list)

National Accounts (for non-member countries)
 The following series has been included:
   Gross domestic product, current pricesIND.SNACTT01.CXCU

INDONESIA

(Back to the countries list)

National Accounts (for non-member countries)
 The following series has been included:
   Gross domestic product, current pricesIDN.SNACVA01.CXCU



RUSSIAN FEDERATION

(Back to the countries list)

Production
 The following series have been included:
   Production of total energyRUS.PRENTO01.IXOB
   Production in total miningRUS.PRMITO01.IXOB
   Production in total manufacturingRUS.PRMNTO01.IXOB
 The following series have been suppressed:
   Production of total energyRUS.PRENTO01.IXNB
   Production in total miningRUS.PRMITO01.IXNB
   Production in total manufacturingRUS.PRMNTO01.IXNB
National Accounts (for non-member countries)
 The following series has been included:
   Gross domestic product, current pricesRUS.SNACTT01.CXCU

SOUTH AFRICA

(Back to the countries list)

National Accounts (for non-member countries)
 The following series has been included:
   Gross domestic product, current pricesZAF.SNACTT01.CXCU