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The May 2009 edition of the Main Economic Indicators (MEI) publication and associated electronic products introduce the newly established OECD Hierarchy of Producer Price Indices (PPIs). The aim is to improve the quality and the international comparability of producer prices published by the OECD. The process involved a review of the existing hierarchy, the investigation of the different PPI statistics practices among OECD member
OECD composite leading indicators (CLIs) for June 2009 point to stronger signs of improvement in the economic outlook of OECD economies compared with last month’s release.
Hailing the designation of Enrico Giovannini as President of the Italian national statistics institute (Istituto nazionale di statistica - ISTAT), OECD Secretary-General Angel Gurría said this marks recognition of his contribution to strengthening the OECD’s position in this area.
Consumer confidence indicators in recent months have pointed to a marked improvement in sentiment since the historic lows recorded towards the beginning of 2009. Whilst encouraging, some caution is needed as confidence remains low by historic standards. This is shown in the following graphs for the major seven OECD member countries and the country grouping "OECD Area", which put consumer confidence indicators in a historical context.
The unprecedented and largely synchronized drop in merchandise trade volumes of the Group of Seven (G7) countries of the last quarter 2008 continued in the first quarter 2009.
The unemployment rate for the OECD area was 8.3% in May 2009, 0.3 percentage point higher than the previous month and 2.4 percentage points higher than a year earlier.
OECD composite leading indicators (CLIs) for May 2009 point to tangible signs of improvement in the outlook of most OECD economies.
What’s driving the unprecedented collapse in global trade flows? This column shows that the magnitude of the global decline reflects greater synchronisation of trade flow declines across countries. Globalisation has brought the world in sync.
Updated continuously. Includes GDP and GDP per head for the OECD member countries, the Euro area and 3 zones (OECD Total, OECD Europe and EU15) in USD, volume indices and price indices. It also includes GDP by expenditure, GDP by output in current and constant prices as well as GDP by income from 1970 to latest data available in national currency. Source: OECD Annual National Accounts Database .
The unemployment rate for the OECD area was 7.8% in April 2009, 0.1 percentage point higher than the previous month and 2.2 percentage points higher than a year earlier.