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Enhancing Sub-annual Economic Indicators in New Zealand

Explore the sub-annual business indicators like electronic card transactions, overseas trade, retail, building consents in New Zealand. Learn about coverage, challenges, future plans, and statistical architecture model for improved economic insights.

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Enhancing Sub-annual Economic Indicators in New Zealand

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  1. OECD STESWP Short term economic indicators at Statistics New Zealand Louise Holmes-Oliver

  2. Outline • Sub-annual Business Indicators • Electronic card transaction series • Future plans

  3. Sub-annual Business Indicators • Overseas Trade • Retail • Building consents • Accommodation • Building activity • Electronic Card Transactions • Wholesale • Manufacturing

  4. Electronic Card Transactions Introduction Coverage Use Challenges

  5. Coverage • Transactions through POS terminals • Debit, credit and charge card • Total • Retail • Core Retail • Actual, SA, trend values • Transaction Volumes

  6. Challenges • Private supplier • Methodological • Consistency of supply • Expansion of use

  7. Comparison with Retail Trade Survey

  8. Future directions Statistical architecture model

  9. Survey Data Tax Data Subannual Financial Information Current Practice

  10. Survey Data Tax Data Subannual Financial Information Future

  11. Principles • Maintain quality • Use administrative data where possible • Surveys used to fill the gaps • Integrated using population frames • Support microdata analysis • Use best quality admin data first

  12. Sample Surveys Administrative Data Database Strategy BusinessFrame Economic Statistics

  13. Questions? www.stats.govt.nz Louise.holmes-oliver@stats.govt.nz

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