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Purchasing power parities (PPPs) are the rates of currency conversion that eliminate the differences in price levels between countries. Per capita volume indices based on PPP converted data reflect only differences in the volume of goods and services produced. Comparative price levels are defined as the ratios of PPPs to exchange rates. They provide measures of the differences in price levels between countries. The PPPs are given in
Consumer prices in the OECD area rose by 1.6% in the year to March 2013, compared with 1.8% in the year to February 2013. This slowdown in the annual rate of inflation mainly reflects slower growth in food and especially in energy prices.
Governments are major issuers of debt instruments in the global financial market. This volume provides quantitative information on central government debt instruments for the 34 OECD countries.
23-25 April 2013 - This Joint UNECE/Eurostat/OECD/ESCAP Meeting will be held at OECD in Paris, France, and at the Economic and Social Commission for Asia and the Pacific (ESCAP) Conference Centre in Bangkok, Thailand. The two geographical locations of the meeting will be linked through videoconference facilities.
11-13 September 2013 - Global SDMX Implementation: Modernising Official Statistics, to be held at the OECD in Paris, with BIS and Eurostat acting as co-hosts on behalf of the SDMX Sponsors.
The OECD area employment rate – defined as the share of people of working-age who are employed – was 65.1% in the fourth quarter of 2012, 0.1 percentage point higher than in the previous quarter and 0.2 percentage points higher than one year ago.
The OECD unemployment rate decreased to 8.0% in February 2013, compared with 8.1% in the previous month. The unemployment rate in the euro area was stable (at 12.0%) in February, but still 1.1 percentage point higher than its mid-90’s peak.
This Handbook provides, for the first time, comprehensive guidelines for the compilation of residential property prices indices (RPPIs) and explains in depth the methods and best practices used to calculate an RPPI. It also examines the underlying economic and statistical concepts and defines the principles guiding the methodological and practical choices for the compilation of the indices.
Composite leading indicators (CLIs), designed to anticipate turning-points in economic activity relative to trend, point to growth picking up in most major economies.
The production and dissemination of reliable statistics have become essential for public administration and public policy. Statistics is not an aim in itself, but a very important tool to improve our understanding of an increasingly complex, interdependent and fast-evolving world, said OECD Secretary-General.