Institution

Eurostat

Year

2016

Level

Advanced

Abstract

The document provides a general overview of methods that are used in Member States for compiling GDP flash estimates at 30 days after the quarter-end. It guides the compiler in the estimation process by following a step-by-step approach. The document discusses preliminary analysis of available data, model strategies, and methods for forecasting missing data including the extensions to multivariate setups and the analysis of results. Links to available software and references to literature are included as well.