1 / 12

Introducing NACE rev 2 in EU Short-term business Statistics

Introducing NACE rev 2 in EU Short-term business Statistics. Brian Newson Head of STS unit Eurostat. Coverage of Short-term business Statistics. STS Regulation 4 annexes: A. Industry B. Construction C. Retail trade D. Other services. A. Industry. Industrial production Turnover

zeke
Download Presentation

Introducing NACE rev 2 in EU Short-term business Statistics

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Introducing NACE rev 2 in EU Short-term business Statistics Brian Newson Head of STS unit Eurostat OECD STESEG

  2. Coverage of Short-term business Statistics STS Regulation 4 annexes: A. Industry B. Construction C. Retail trade D. Other services OECD STESEG

  3. A. Industry • Industrial production • Turnover • New orders received • Employment (number, hours worked, wages) • Output prices • Import prices • All broken down by NACE except import prices CPA • 4-digit for big countries, 2-digit for smaller. OECD STESEG

  4. B. Construction • Production (Building / civil engineering) • Building permits • Employment (number, hours worked, wages) • Construction costs (materials, labour costs) • Just NACE F Construction. OECD STESEG

  5. C. Retail trade • Turnover current prices • Turnover volume (deflated) • Breakdown food / non-food, 6 more detailed product categories • Employment • (number since 1998, hours worked and wages from 2010) OECD STESEG

  6. D. Other services • “Other services” defined by NACE list (covers most market services, except banking, insurance, R&D) • Turnover (current prices) • Output prices (SPPI) – shorter list of NACE • Employment • Number since 1998, hours worked and wages from 2010 • Classification basically 2-digit NACE. OECD STESEG

  7. Introducing NACE rev 2 into Regulations • NACE rev 2 as classification Regulation 2006 • Specified changeover dates for each statistical area • Changeover STS first monthly data for January 2009 • Or Q1 2009 for quarterly indicators • Note Structural business statistics 2008 data late 2009 • National accounts 2011. OECD STESEG

  8. Preparatory steps in STS • STS Regulation modified to fix exact target (coverage of industries and level of detail) • 2007-2008 task force which made recommendations • Micro methods (reclassifying enterprises) • Macro methods (matching old and new NACE headings) • Benefitted non-EU experience • Quarterly monitoring reports on progress in countries • “Backcasting” Regulation – back to at least 2000 • Compromise between • needs of users and seasonal adjustment • reliability of backcasting. OECD STESEG

  9. New base year 2005 • At the same time as introducing new NACE modify weights from “2000” to 2005 • Every five years such rebasing an exercise in itself • Complicated by the fact Structural Business Statistics will only adopt NACE rev 2 for the data of 2008 in late 2009. • So 2005 weights had to be estimated by mapping old NACE into new. • Weights apply within countries to aggregate up to total industry and between countries to calculate EU total indices. OECD STESEG

  10. Work in countries • Countries had most of the work. • Generally very successful. Congratulate countries. • Most data for January 2009 on time (or 3-4 days late) • February transmission all normal. • Few areas impossible. Some services NACE rev 2 more detailed – in a few cases data was never collected in the past. Begins 2005. • Eurostat web site entirely NACE rev 2 since April 2009 (monthly) or June 2009 (quarterly indicators) OECD STESEG

  11. Total industry – a comparison of old and new OECD STESEG

  12. Next steps • Problems with seasonal adjustment • Caused by NACE rev 2, or abrupt change in trend ? • Currently collecting detailed information from EU countries on how they did backcasting and the weights for 2005 • Could be interesting for statisticians and a summary for users. • Ready at end of 2009 OECD STESEG

More Related