European Statistical System (ESS) guidelines on temporal disaggregation, benchmarking and reconciliation

Benchmarking

Institution

Eurostat

Year

2018

Level

Intermediate to advanced

Abstract

In official statistics there is an increasing demand for indicators at a higher frequency than have traditionally been observed. Eurostat and the European Statistical System (ESS) developed these guidelines to help data producers derive high frequency data (e.g. quarterly or monthly) from low frequency data (e.g. annual) and to address related temporal and accounting constraints. These guidelines have been conceived both for experts and beginners. In order to rank the different methods, each issue is discussed following a structure with three parts: a description (free text presenting the problem), a list of options (various possibilities to deal with the specific issue) and a list of ranked alternatives (A,B,C). Namely: (A) Best alternative: should always be the target for producers. (B) Acceptable alternative: retained only if time or resource issues prevent alternative (A). (C) Alternative to be avoided: not a recommended option.   Being in line with these guidelines will ensure higher quality results, e.g. avoiding false signals and misinterpretation of the dynamics of the data. 

Others


Languages
  • English

Cost

Free

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