CZECH STATISTICAL OFFICE | Na padesatem 81, 100 82 Prague 10 | www.czso.cz

CURRENT TRENDS IN THE

MACROECONOMIC STATISTICS

doc. Ing. Jaroslav Sixta, Ph.D.Director of Macroeconomic Statistics Section

Hradec Economic Days

31 January and 1 February 2017

2

Czech Statistical Office

National Accounts and ESA 2010

Government Deficit and Debt

Challenges in Foreign Trade Statistics (SIMSTAT)

New methods for compilation of Price Statistics

Content

3

Headquarters Structure:

president

2 vice-president positions

5 sections with 16 departments

Main tasks:

strategies

methodology

registers

central processing

dissemination

Czech Statistical Office (1)Headquarters in Prague

4

14 Regional Offices:

“Large” Regional Office includes:

Information Services Unit

Field Surveys Unit

Processing Units

Registers Administration Unit

“Small” Regional Office

includes:

Information Services Unit

Field Surveys Unit

Czech Statistical Office (2)Departments in the Regions

5

Czech Statistical Office (3)

14 regional offices

6

News Releases

Statistical Yearbook of the CZ

Regional yearbooks

Popular statistics journal

Scientific statistics journals

Classifications, Nomenclatures

Registers

Information services

Key products

7

Average age: 47.5 years

Persons with higher education: 56.2%

Average 2016 salary: EUR 1,241

Share of women: 76.4 %

Human resources (as of December 2016)

1804 1784

15921487

1399 1378 1373 1379 1378 1345 1321

0

500

1 000

1 500

2 000

2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Number of employees

8

Implementation of new standard „finished“ 09/2014

Increase of GDP, 4.6% (2010)

National Accounts and ESA 2010 (1)

9

Discussion about implementation not finished

Government institutions x financial institutions

GNI inventory, verification process, missions, 2017 (CZ 2x)

Benchmark revision 2020

Globalisation effects

„Irish case“ and global production

Foreign trade statistics and processing

National Accounts and ESA 2010 (2)

10

Gross Domestic Productconstant prices of 2010

650

700

750

800

850

900

950

1 000

1 050

1 100

1 150

199

6Q

1

199

6Q

3

199

7Q

1

199

7Q

3

199

8Q

1

199

8Q

3

199

9Q

1

199

9Q

3

200

0Q

1

200

0Q

3

200

1Q

1

200

1Q

3

200

2Q

1

200

2Q

3

200

3Q

1

200

3Q

3

200

4Q

1

200

4Q

3

200

5Q

1

200

5Q

3

200

6Q

1

200

6Q

3

200

7Q

1

200

7Q

3

200

8Q

1

200

8Q

3

200

9Q

1

200

9Q

3

201

0Q

1

201

0Q

3

201

1Q

1

201

1Q

3

201

2Q

1

201

2Q

3

201

3Q

1

201

3Q

3

201

4Q

1

201

4Q

3

201

5Q

1

201

5Q

3

201

6Q

1

201

6Q

3

CZ

K b

il.

11

National Accounts and ESA 2010 (3)Dependency on statistical standard

Standard Indicator Value, CZK. mil. ESA 1995 =100

Material Product System National Income (gross) 438 135 69,2

SNA 1968 Gross Domestic Product 603 559 95,4

SNA 1993/ ESA 1995 Gross Domestic Product 632 691 100,0

SNA 2008/ ESA 2010 Gross Domestic Product 672 776 106,3

SNA 2008 incl. capital services Gross Domestic Product 705 005 111,4

Gross product of the Czech Republic, 1990, CZK/CSK mil.

85,0

90,0

95,0

100,0

105,0

110,0

1971 1975 1979 1983 1987 1991 1995 1999 2003 2007 2011 2015

HDP (ESA 2010)

HDP (ESA 1995)

ND (MPS)

0

500

1 000

1 500

2 000

2 500

3 000

3 500

4 000

4 500

5 000

1970 1975 1980 1985 1990 1995 2000 2005 2010 2015

CZ

K/C

SK

mil

.

HDP (ESA 2010)

HDP (ESA 1995)

ND (MPS)

GDP (ESA 1995)

National Income (MPS)

GDP (ESA 2010)GDP (ESA 2010)

National Income (MPS)

GDP (ESA 1995)

GDP (ESA 2010)

12

Government Debt

0,00

0,05

0,10

0,15

0,20

0,25

0,30

0,35

0,40

0,45

0,50

0

200

400

600

800

1 000

1 200

1 400

1 600

1 800

2 000

of

GD

P

CZ

K b

il.

Maastrich debt

13

Government Deficit

-3,5%

-5,3%

-6,3%-6,4%

-2,7%

-3,1%

-2,3%

-0,7%

-2,1%

-5,5%

-4,4%

-2,7%

-3,9%

-1,2%

-1,9%

-0,6%

-7,0%

-6,0%

-5,0%

-4,0%

-3,0%

-2,0%

-1,0%

0,0%

-250

-200

-150

-100

-50

0

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

CZ

K b

il.

Přebytek/deficit

% z HDP% of GDP

Surplus/deficit

14

New challenges

Two concepts of the CZSO since 2014 (2012)

SIMSTAT project

International trade with services

Foreign Trade Statistics (1)

-40

-20

0

20

40

60

80

100

120

140

160

199

6Q

1

199

6Q

2

199

6Q

3

199

6Q

4

199

7Q

1

199

7Q

2

199

7Q

3

199

7Q

4

199

8Q

1

199

8Q

2

199

8Q

3

199

8Q

4

199

9Q

1

199

9Q

2

199

9Q

3

199

9Q

4

200

0Q

1

200

0Q

2

200

0Q

3

2000Q

4

2001Q

1

200

1Q

2

200

1Q

3

200

1Q

4

200

2Q

1

200

2Q

2

200

2Q

3

200

2Q

4

200

3Q

1

200

3Q

2

200

3Q

3

200

3Q

4

200

4Q

1

200

4Q

2

200

4Q

3

200

4Q

4

200

5Q

1

200

5Q

2

200

5Q

3

200

5Q

4

200

6Q

1

200

6Q

2

200

6Q

3

200

6Q

4

200

7Q

1

200

7Q

2

200

7Q

3

CZ

K b

il

Trade balance

Cross border concept

National concept

15

Intrastat has been recognised as one of the most burdensome statistics. At its

meeting of 17 November 2011, the ESSC concluded that Intrastat should be

simplified while at the same time ensuring a high level of quality and consistency

of international trade statistics.

As a simplification initiative Eurostat launched the SIMSTAT (Single Market

Statistics) project on exchange of micro-data on Intra-EU trade in June 2012.

The aim of the project was to enable the exchange of micro-data (enterprise

level data on intra-EU exports on trade in goods) among Member States.

This additional data source will allow Member States to reuse the Intra-EU

dispatches micro-data for the purpose of checking or even producing their own

figures on Intra-EU arrivals.

Foreign Trade Statistics (2) - SIMSTAT

16

New challenges and new data sources

New types of product – increase of internet purchases

Scanner data, EU regulation of availability of data sources

for HICP, priority for 2017

We started our negotiation with SOCR and we have the first

cooperating partner.

Other potential uses then price statistics:

National accounts (quarterly estimates), Household budget survey (details of

consumption), Statistics of services

Price Statistics (1)

17

• SD is generated by point-of-sales terminals in shops and provides information at the level of

the barcode (GTIN or EAN)

• SD obtained from retail chains contain data on turnover and quantities per EAN based on

transactions for a given period

• Price statistics can derive unit value prices at EAN level for CPI calculations

• SD is regularly used in NO (since 1995), NL (2002), CH (2008), SE (2012), BE (2016), DK

(2016)

• Covered product groups (COICOP):

• 01, 02 Food, beverages, tobacco – all 6 NSIs

• 05.3-6 Daily household necessities - BE, DK, NL (including drugstores), NO, CH

• 06.1 Medical products – NO

• 07.2.2 Petrol – NL, SE, NO

• 12 Products for personal care – BE, NO, CH

Price Statistics (2)

CZECH STATISTICAL OFFICE | Na padesatem 81, 100 82 Prague 10 | www.czso.cz

Thank you for attention!

jaroslav.sixta@czso.cz