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TF meeting 7 October '15 Luxembourg

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Presentation on theme: "TF meeting 7 October '15 Luxembourg"— Presentation transcript:

1 TF meeting 7 October '15 Luxembourg
Task Force on GDP Flash estimates at t+30 days Communication strategy TF meeting 7 October '15 Luxembourg

2 0. Content Background Content of paper: why, what, when? Time line
Updates communication paper since June TF meeting Issues for discussion TF GDP t+30, item 4

3 1. Background Need for good communication already recognised in 1st TF meeting Communication working group established in 2nd TF meeting Members: IT, HU, ECB, ESTAT Work started after January 2015 TF meeting Draft paper available for June 2015 TF meeting Updated paper available for Oct 2015 TF meeting TF GDP t+30, item 4

4 2. Content of paper (1) Discussion of three 'W-questions'
Why introduce GDP t+30 estimates What messages to communicate When, to whom and how to communicate Questions are mutually related TF GDP t+30, item 4

5 2. Content of paper (2) Why? User needs and development in official statistics – Commission, ECB, other users In line with historical development Fits in release framework PEEI indicators TF GDP t+30, item 4

6 2. Content of paper (3) What? Key messages Background information
Release of timelier GDP growth rate EU/EA Trade-off timeliness accuracy No publication of confidential country data First release quarter and release dates Background information National estimation techniques Eurostat estimation methodology Quality acceptance criteria Results of test estimations TF GDP t+30, item 4

7 2. Content of paper (4) When and to whom?
Until 12/2015: communication within statistical user community Regular reports to NAWG, DMES Other Eurostat, OECD, ECB bodies and meetings Between 1/2016 and 4/2016: also communication outside statistical user community Eurostat press contacts, main users (ECB, DG-ECFIN) 29 April 2016: introduction GDP t+30 estimate with press conference TF GDP t+30, item 4

8 2. Content of paper (5) How? Written information, available on website
Meetings, supported by PPP Webinars, supported by PPP Press conference on 29 April 2016 Depending on timing and audience TF GDP t+30, item 4

9 3. Time line Nr What When 3 Final discussion in October TF meeting
4 Final version communication document ready 23 October 5 Discussion in NAWG 17-18 November 6 Discussion in DMES 8-9 December 7 Decision on introduction Mid-December First release/press conference 29 April 2016 TF GDP t+30, item 4

10 4. Updates communication paper since June TF meeting (1)
Amendments due to: Comments TF member in and shortly after Rome meeting Contributions members WG communication Internal Eurostat discussions TF GDP t+30, item 4

11 4. Updates communication paper since June TF meeting (2)
(2.1) Combine previous sections 'user needs' and 'developments in official statistics' (3.1A) Propose name of new release - preliminary quarterly GDP estimate (3.1B) Stress trade-off timeliness and accuracy (3.1C) Motivate use of unpublished country for EA-EU GDP estimation – aggregates more stable than components TF GDP t+30, item 4

12 4. Updates communication paper since June TF meeting (3)
Updates (continued): (3.1D) Advance of release date – based on release dates publishing countries and GDP t+45 release dates (Annex 1) Addition release calendar (Annex 2) Update mock press release Few rearrangements text sections Several editorial changes TF GDP t+30, item 4

13 5. Issues for discussion (3.1A) Proposed name of new release 'preliminary quarterly GDP estimate' appropriate? (3.1D) Proposed release dates acceptable? (3.1E) Estimates of publishing countries not to be mentioned in news release? Any other issues? TF GDP t+30, item 4

14 Task Force on GDP Flash estimates at t+30 days
Communication strategy TF meeting June '15, Rome TF GDP t+30, item 4


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