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The Main Economic Indicators (MEI) presents comparative statistics that provide an overview of recent international economic developments through the presentation of a wide range of short-term economic indicators for the OECD member countries, zones and selected non-member countries.
Quarterly Gross Domestic Product (GDP) in the G20 area grew by 0.6% in the third quarter of 2012 compared with 0.5% in the second quarter, according to preliminary estimates. The aggregate G20 GDP growth rate however continues to mask diverging patterns across economies.
The OECD unemployment rate rose by 0.1 percentage point to 8.0% in October 2012 compared to the previous month.
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Report on the Comparison of the Hodrick-Prescott Filter and the Multivariate Direct Filter Approach in Composite Leading Indicators Construction - A case for G7 Countries
Composite leading indicators (CLIs), designed to anticipate turning-points in economic activity relative to trend, show diverging patterns across major economies.
Annual inflation in the OECD area rose by 2.3% in the year to October 2012, compared with 2.2% in year to September 2012. Energy prices accelerated to 5.4% in October, up from 5.1% in September while food prices remained broadly stable in October (to 2.2%, up from 2.1% in September). Excluding food and energy, the OECD annual inflation rate slightly increased to 1.7% in October.
The EUROSTAT-OECD Methodological manual on purchasing power parities has three aims: first, to explain to those engaged directly in the Programme; second, to enable these practitioners to brief their senior management and significant users - such as politicians, journalists, academics and the like - on the why and how of the Programme and, more importantly, to advise them on the use and interpretation of comparison results; and third,
Merchandise trade continued to slow in most major economies in the third quarter of 2012 compared to the second quarter of 2012.
Statistics Working Paper N. 48- 2012/4 - The paper reviews some national initiatives related to measuring the stock of human capital, indentifies some challenges to be addressed to improve the quality of existing monetary measures of human capital, and suggests developing experimental satellite accounts for education to better understand how human capital is produced and the linkages between education and its non-monetary outcomes.
Statistics Working Paper N. 47- 2012/3 - This Statistics Working Paper, uses data from the Gallup World Poll to explore the determinants of subjective well-being. The paper builds on the existing literature on the determinants of subjective well-being in three areas. First, the paper systematically examines the drivers of measures of affect as well as the determinants of life satisfaction that are more prevalent in the existing