Schemes

Quarterly financial and non-financial sector accounts

The IDCS dataset covers publicly available selected sector accounts data as published by Eurostat, OECD and the UN.  It is a result of a regular data exchange set up by the International Data Cooperation (IDC) initiative under the Inter-Agency Group on Economic and Financial Statistics (IAG) chaired by the IMF. The aim is to develop a set of commonly shared principles and working arrangements for data cooperation that could be implemented by the participating International Organisations, leading to improved timeliness and accuracy of published data ( link )

Government finance statistics (GFS) provide a comprehensive overview of fiscal developments in the euro area, the European Union, and individual EU Member States. Data for Japan, the United Kingdom and the United States are also available, although with less detail.

The dataset contains the balance of payments (b.o.p.) and the international investment position (i.i.p.) of the euro area compiled by the ECB, as well as European union aggregates compiled by Eurostat and individual EU country data. The b.o.p. is a statistical statement that summarises, for a specific period of time, the economic transactions of an economy with the rest of the world. The different accounts within the b.o.p. are distinguished according to the nature of the economic resources (e.g. goods, services, income or financial resources) provided and received. The i.i.p. is a statistical statement that shows, at a specific point in time, the value and composition of financial assets of residents of an economy that are claims on non-residents and gold bullion held as reserve assets and liabilities of residents of an economy to non-residents; The current account and capital account main components are broken down by counterpart countries. Financial transactions and positions are presented by type of investment, resident and counterpart sector, type of instrument and country of residency of the counterpart

Industrial and service producer price indices, industrial production, industrial new orders, industrial turnover, service turnover and retail sales  data are published by the European Commission (Eurostat). Euro area results are obtained by aggregating data for individual countries compiled by national statistical authorities. They are broken down following the classification of economic activities in the EU (NACE) and by the Main Industrial Groupings (MIGS) derived from it.   Industrial producer prices  reflect the ex-factory-gate prices (transportation costs are not included) of all products sold by industry excluding construction on the domestic markets of the euro area countries, excluding imports. They include indirect taxes except VAT and other deductible taxes.  Service producer price indices  and c onstruction output price indices  follow the same concept, reflecting the development of the prices finally received by the service providers and construction companies.   Industrial production  reflects the volume growth of value added of the industries concerned.   Industrial new orders  measure the orders received during the reference period and cover industries working mainly on the basis of orders – in particular textile, pulp and paper, chemical, metal, capital goods and durable consumer goods industries. The data are calculated on the basis of current prices. The legal obligation for the EU members to compile such indices ceased in 2012. Since then, the ECB had published an estimate for euro area new orders, based on actual data for new orders for a limited set of countries still producing these indicators, survey data and turnover data. With an ever declining number of countries providing new orders data, leaving only three of them in mid-2021, the ECB stopped producing the estimate with publication of September 2021 data.   Indices for turnover in industry, services and for the retail trade  measure the turnover, including all duties and taxes with the exception of VAT, invoiced during the reference period. Retail trade turnover covers all retail trade excluding sales of motor vehicles and motorcycles, and except repairs.   Unemployment rates  published by the European Commission (Eurostat) and conform to International Labour Organisation (ILO) guidelines. They refer to persons actively seeking work as a share of the labour force, using harmonised criteria and definitions.  Please note that since December 2020 the dataset is published under the Labour Force Survey Indicators (LFSI) naming convention. Please refer to the mapping between discontinued STS series and the LFSI codes for more information.   The  labour cost indices  are published by the European Commission (Eurostat) and national statistical authorities and measure the changes in labour costs per hour worked in industry (including construction) and market services. A breakdown of hourly labour costs for the euro area is available by labour cost component (wages and salaries, other labour costs) and by economic activity (NACE sections).   The  new passenger cars data  for euro area are seasonally and working day adjusted by the ECB based on data compiled by ACEA (the European Automobile Manufacturers Association). New passenger car registrations cover registrations of both private and commercial passenger cars.

The dataset contains the balance of payments (b.o.p.) and the international investment position (i.i.p.) of the euro area compiled by the ECB, as well as European union aggregates compiled by Eurostat and individual EU country data. The b.o.p. is a statistical statement that summarises, for a specific period of time, the economic transactions of an economy with the rest of the world. The different accounts within the b.o.p. are distinguished according to the nature of the economic resources (e.g. goods, services, income or financial resources) provided and received. The i.i.p. is a statistical statement that shows, at a specific point in time, the value and composition of financial assets of residents of an economy that are claims on non-residents and gold bullion held as reserve assets and liabilities of residents of an economy to non-residents; The current account and capital account main components are broken down by counterpart countries. Financial transactions and positions are presented by type of investment, resident and counterpart sector, type of instrument and country of residency of the counterpart

The Main aggregates in the national accounts (MNA dataset) include gross domestic product (GDP), value added by main economic activity, main expenditure components and aggregated income statistics. These data are collected and disseminated by the European Commission (Eurostat) and the national statistical authorities. The MNA dataset also includes additional indicators calculated by the ECB, such as implicit GDP deflators, contributions to growth, unit labour costs and its components (compensation per employee and labour productivity), as well as business investment. Data for the euro area, EU and the EU Member States are available.

Unemployment rates published by the European Commission (Eurostat) and conform to International Labour Organisation (ILO) guidelines. They refer to persons actively seeking work as a share of the labour force, using harmonised criteria and definitions.

The IDCM dataset covers publicly available selected national accounts data (gross domestic product and main aggregates, population and employment) as published by Eurostat, the IMF, the OECD and the UN.  It is the result of a regular data exchange set up by the International Data Cooperation (IDC) initiative under the Inter-Agency Group on Economic and Financial Statistics (IAG), which is chaired by the IMF. The aim is to develop a set of commonly shared principles and working arrangements for data cooperation that could be implemented by the participating international organisations, leading to the improved timeliness and accuracy of published data (link).

The labour cost indices are published by the European Commission (Eurostat) and national statistical authorities and measure the changes in labour costs per hour worked in industry (including construction) and market services. A breakdown of hourly labour costs for the euro area is available by labour cost component (wages and salaries, other labour costs) and by economic activity (NACE sections).

The residential property price indicator for the euro area is an average of non-harmonised country indicators based on data from national sources. It generally includes new and existing dwellings as well as houses and apartments; however, the coverage varies to some extent across countries. It gives an indication of the broad trend-development of residential property prices in the euro area, but does not have the same accuracy as other euro area statistics.

The Harmonised Index of Consumer Prices (HICP) for the euro area is published by the European Commission (Eurostat) and generally available from 1996 onwards. Euro area results are obtained by aggregating indices for individual countries. The HICP is broken down following the European classification of individual consumption according to purpose (ECOICOP) and by goods and services special aggregates derived from it. The HICP covers monetary expenditure on final consumption by resident and non-resident households on the economic territory of the euro area. The seasonally adjusted HICP data are compiled by the ECB.

Eurostat started to collect quarterly frequency job vacancy data in 2003. The data are also included as part of the Principle European Economic Indicator (PEEI) data set. The series were, until 2009, collected on the basis of a “gentlemen"s agreement” basis and, as such, were not fully harmonised or complete. From 2010 the reporting of quarterly data is under Regulation (EC) No 453/2008 of the European Parliament and of the Council of 23 April 2008 on quarterly statistics on Community job vacancies. Job vacancy statistics are compiled on the basis of data provided by the Member States. At the request of some countries, some national data are received but not published by Eurostat. These data are used only for the calculation of European aggregates but are available to the ESCB for strictly internal use only. A quarterly press release containing the data was first released with the publication of Q1 2014 results.