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Industrial Production numbers Eurostat Q?

  • 16-04-2009 2:36pm
    #1
    silverharp
    Registered Users, Registered Users 2 Posts: 18,854 ✭✭✭✭


    Why are the Irish numbers confidential and in what sense are they confidential?


    Bloomberg-Industrial production in Europe contracted by the most on record in February as the deepening global recession curtailed demand for manufactured goods around the world. Output in the euro region fell 18.4 percent from the year-earlier month, the biggest drop since the data series began in 1986, after a revised 16 percent decline in January, the European Union’s statistics office in Luxembourg said today.




    http://epp.eurostat.ec.europa.eu/pls/portal/docs/PAGE/PGP_PRD_CAT_PREREL/PGE_CAT_PREREL_YEAR_2009/PGE_CAT_PREREL_YEAR_2009_MONTH_04/4-16042009-EN-AP.PDF

    A belief in gender identity involves a level of faith as there is nothing tangible to prove its existence which, as something divorced from the physical body, is similar to the idea of a soul. - Colette Colfer



Comments

  • #2
    Économiste Monétaire
    Closed Accounts Posts: 2,208 ✭✭✭Économiste Monétaire


    Eurostat changed the way they aggregate industrial production data from January '09. Last month had loose estimates for Ireland ("For Ireland, data in the new classification has been estimated by Eurostat on the basis of data supplied using the old classification"). From the last CSO industrial production publication, we're still using the old classification system, so that might be the problem. The CSO are expecting to update the figures with the March data release.


  • #3
    silverharp
    Registered Users, Registered Users 2 Posts: 18,854 ✭✭✭✭silverharp


    Économiste Monétaire wrote: »
    Eurostat changed the way they aggregate industrial production data from January '09. Last month had loose estimates for Ireland ("For Ireland, data in the new classification has been estimated by Eurostat on the basis of data supplied using the old classification"). From the last CSO industrial production publication, we're still using the old classification system, so that might be the problem. The CSO are expecting to update the figures with the March data release.

    Thanks for that , it was the term "confidential" that made me curious , the numbers dont make pretty reading

    A belief in gender identity involves a level of faith as there is nothing tangible to prove its existence which, as something divorced from the physical body, is similar to the idea of a soul. - Colette Colfer



  • #4
    Économiste Monétaire
    Closed Accounts Posts: 2,208 ✭✭✭Économiste Monétaire


    'Confidential' is generally equated to undue secrecy and that was my immediate connotation of what was happening. I believe it's there to differentiate between the countries that aren't required to provide data (e.g. Malta and how Ireland doesn't have to provide figures for construction) and where the data just isn't ready for publication—due to whatever national level incompetency. They should have just written 'withheld'. But, yeah, production has fallen off a cliff.


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