Mixed signals on trade in Q4 2014 as US dollar appreciates against major currencies
OECD GDP growth slows marginally to 0.5% in the fourth quarter of 2014
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In 2009, the United Nations Statistical Commission endorsed a revised set of international standards for the compilation of national accounts: the System of National Accounts (SNA) 2008, replacing the 1993 version of the SNA. By December 2014, most OECD countries had implemented the new standards. The actual implementation however varied depending on country circumstances.
SDMX: Meeting of the Expert Group on Statistical Data and Metadata Exchange, 27-30 October 2014, Korea
The International Producer Price Index Manual, Theory and Practice (PPI Manual) published by the IMF in 2004 consituted a landmark for international standards on price measurement and contains detailed, comprehensive information for the compilation of producer price indices as well as an extensive coverage of the conceptual and theoretical issues. This second edition of the Methodological Guide for Developing Producer Price Indices for Services (SPPI Guide) is a complement to the PPI Manual in two ways: it focuses on service-specific aspects in the PPI compilation by developing further the conceptual framework and it adds detailed descriptions of PPI measurement for a wide range of individual service industries.
This second edition of the SPPI Guide has been jointly produced by the OECD, Eurostat, the members of a task Force with deleguates from 14 OECD/EU members countries (Australia, Austria, Canada, France, Germany, Hungary, Israel, Japan, Korea, Mexico, Netherlands, Poland, the United Kingdom and the United States)and in synergy with the Voorburg Group. Several countries contributed to the Guide by providing descriptions of service PPIs for individual industries, other countries were represented by national experts in at least one meeting of the Task Force.
NBS-OECD Workshops on National Accounts
The OECD Statistics Directorate and the Agency on Statistics of the Republic of Kazakhstan signed a “Letter of Intent on Statistics” on 8 April 2014.
OECD Development Center, Working Paper No. 325 - This paper proposes ways in which the OECD well-being framework used for the Better Life Initiative can be adapted to specific development contexts and thereby made more universal. The dimensions of the Better Life Initiative are relevant to emerging and developing countries, but they can be redefined in ways that better match the availability of data and the priorities and critical...
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Measurement and analysis of income inequality has long been a topic of OECD work and seized renewed attention with the OECD’s Better Life Initiative. Measuring distributions across dimensions above and beyond income (health, education, etc.) are also at the heart of the OECD’s How’s Life? statistical agenda and form a prominent recommendation in the Stiglitz-Sen-Fitoussi report.
The OECD has updated its key textbook explaining how economic activity is monitored and measured.