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Home Page > Information and Data > State-of-the-Economy Index

State-of-the-Economy Index

Report production time: 18-Jan-2012, 14:22:13

STATE-OF-THE-ECONOMY (COMPOSITE) INDEX

PART A: MONTHLY DATA

Download an Excel file containing the State-of-the-Economy Index

	Components of the Index (seasonally adjusted data)
			Index of imports³				Export indices⁴
	Industrial production index¹	Index of revenue of trade and services activities²	Total	Consumer goods	Production inputs	Employee posts in business sector (thousands)	Goods	Services	State-of-the-Economy Index - level⁵	percent change⁶
Monthly data
Jan 10	126.5	132.8	130.2	160.3	120.6	2,024	156.8	119.1	124.6	0.57
Feb 10	127.0	131.6	134.8	164.8	125.3	2,034	160.5	134.7	125.3	0.54
Mar 10	127.9	133.3	138.0	167.1	128.7	2,042	170.6	122.0	125.9	0.50
Apr 10	133.4	135.3	139.2	161.7	132.1	2,045	159.7	133.5	126.5	0.48
May 10	135.3	133.1	138.8	169.1	129.1	2,060	155.3	127.2	127.1	0.47
Jun 10	134.1	131.1	140.0	168.4	131.0	2,063	165.6	133.7	127.7	0.46
Jul 10	135.5	133.8	144.3	174.7	134.7	2,068	174.8	129.6	128.3	0.45
Aug 10	127.7	135.8	136.5	167.3	126.7	2,082	157.3	124.2	128.9	0.46
Sep 10	123.1	135.1	140.1	165.0	132.2	2,064	155.1	142.6	129.5	0.48
Oct 10	128.3	137.0	151.9	199.5	136.7	2,095	154.6	146.3	130.1	0.48
Nov 10	129.2	138.2	146.8	182.7	135.4	2,104	165.3	132.3	130.8	0.49
Dec 10	128.8	137.4	155.8	189.3	145.1	2,107	167.9	134.2	131.4	0.49
Jan 11	131.0	138.2	160.5	198.4	148.5	2,119	170.8	121.6	132.0	0.45
Feb 11	132.8	139.4	162.2	190.0	153.3	2,121	179.7	129.0	132.6	0.44
Mar 11	132.9	138.9	162.9	198.9	151.4	2,129	184.0	154.8	133.1	0.41
Apr 11	129.5	138.1	161.5	200.5	149.0	2,138	177.4	128.9	133.5	0.32
May 11	132.6	140.8	176.1	217.1	163.1	2,140	175.9	145.3	133.9	0.31
Jun 11	128.8	140.4	167.4	201.9	156.4	2,144	180.0	151.7	134.3	0.28
Jul 11	131.2	139.8	168.3	204.7	156.7	2,147	178.2	139.9	134.6	0.24
Aug 11	131.0	136.3	168.9	204.0	157.7	2,142	177.9	134.2	134.9	0.23
Sep 11	132.0	138.4	164.8	198.7	154.0	2,144	175.8	163.0	135.2	0.21
Oct 11	135.0	138.4	159.3	188.3	150.0	2,137	174.3	137.3	135.5	0.17
Nov 11	132.2	137.9	156.7	188.6	146.6		175.6	138.9	135.7	0.19
Dec 11			157.5	192.5	146.4		178.0	139.0	136.0	0.20

(1) Base: 2004=100 of the non-adjusted data.

(2) Base: 2004=100 of the non-adjusted data.

(3) Including total imports of consumer goods and gross imports of production inputs (excluding fuel and diamonds), Excluding capital goods, i.e. Base: 2005=100 of the non-adjusted data.

(4) Base: 2005=100, non-adjusted data. Goods: Excluding agriculture, fuel, diamonds, ships and aircraft. Services: including tourism, software, R&D,consulting and real estate services.

(5) Base: 2005=100. The base has been changed since the base of national accounts has been changed.

(6) Including the trend-growth and the short-term deviation of the rate of the economic activity from the trend-growth.

Report production time: 18-Jan-2012, 14:22:13

STATE-OF-THE-ECONOMY (COMPOSITE) INDEX

PART B: PERCENT CHANGES

Download an Excel file containing the State-of-the-Economy Index

	Components of the Index (seasonally adjusted data)
			Index of imports¹				Export indices²
	Industrial production index	Index of revenue of trade and services activities	Total	Consumer goods	Production inputs	Employee posts in business sector ( thousands )	Goods	Services	State-of-the-Economy Index - percent change³
Quarterly changes
during the period
2010:3	-8.2	3.0	0.1	-2.0	1.0	0.0	-6.3	6.6	1.4
2010:4	4.6	1.7	11.2	14.8	9.8	2.1	8.2	-5.9	1.5
2011:1	3.2	1.1	4.5	5.1	4.3	1.1	9.6	15.3	1.3
2011:2	-3.1	1.1	2.7	1.5	3.3	0.7	-2.2	-2.0	0.9
2011:3	2.5	-1.4	-1.5	-1.6	-1.5	0.0	-2.3	7.5	0.7
2011:4			-4.4	-3.2	-4.9		1.2	-14.7	0.6
average
2010:3	-4.1	1.3	0.7	1.6	0.4	0.7	1.4	0.5	1.4
2010:4	0.0	2.0	8.0	12.7	6.0	1.5	0.1	4.2	1.4
2011:1	2.7	0.9	6.8	2.8	8.6	1.0	9.6	-1.8	1.4
2011:2	-1.5	0.7	4.0	5.5	3.4	0.8	-0.2	5.1	1.0
2011:3	0.8	-1.2	-0.6	-1.9	-0.0	0.2	-0.2	2.6	0.7
2011:4			-5.7	-6.3	-5.4		-0.8	-5.0	0.6

Annual changes
during the period
2003	0.7	2.0	1.9	-4.9	4.2	0.3	15.1	4.3	5.3
2004	6.4	7.1	15.2	17.8	14.4	3.9	14.8	23.9	6.9
2005	7.9	10.3	0.1	5.6	-1.6	4.4	3.6	4.0	7.0
2006	10.3	6.0	12.3	4.3	15.1	5.5	14.7	9.7	7.0
2007	3.8	9.3	17.4	30.8	13.2	5.1	26.5	13.4	7.3
2008	2.9	-10.8	-9.5	2.3	-13.6	1.8	-9.2	-13.0	1.2
2009	-3.1	10.7	3.2	8.0	1.2	0.4	16.5	11.0	3.2
2010	3.8	5.1	23.9	16.9	27.0	4.6	4.6	4.0	6.0
2011			1.1	1.7	0.9		6.1	3.6	3.5
average
2003	-0.4	-0.9	-6.9	-10.8	-5.6	-0.5	3.8	8.8	2.7
2004	7.3	8.2	15.1	10.9	16.4	2.4	17.8	15.5	7.2
2005	4.0	8.1	2.9	6.9	1.7	4.7	5.9	7.3	6.7
2006	8.9	9.0	7.6	9.5	7.0	4.9	15.6	10.0	7.5
2007	5.4	8.6	15.7	22.4	13.5	5.3	15.9	6.7	6.7
2008	6.7	-0.4	12.6	17.1	11.0	4.0	16.4	11.1	5.3
2009	-5.9	-2.9	-18.8	-6.3	-23.4	-0.9	-12.2	-9.0	0.1
2010	8.0	8.7	24.2	17.3	27.4	4.1	18.3	11.0	5.9
2011			15.9	15.2	16.2		9.5	6.6	4.9

(1) Excluding capital goods, i.e., including total imports of consumer goods and gross imports of production inputs excluding fuel and diamonds. Base: 2005=100, non-adjusted data

(2) Base: 2005=100, non-adjusted data. Goods: Excluding agriculture, fuel, diamonds, ships and aircraft. Services: including tourism, software, R&D,consulting and real estate services.

(3) Including the trend-growth and the short-term deviation of the rate of the economic activity from the trend-growth.

The coincident Components (seasonally adjusted data)

of the State-of-the-Economy Index (base: 2005=100)

Industrial production index	Index of revenue of trade and services
Index of imports (excl. capital goods)	Employee posts in the business sector
Index of goods exports (excl. agricultural)	Index of services exports

The State-of-the-Economy Index (base: 2005=100)*
The State-of-the-Economy Index - percent change
Probability of slowdown relatively to the trend-growth*

*The trend-growth is computed as Henderson curve of business sector GDP percent changes, in monthly terms
with smoothing window of 87 months

Latest revisions in the State-of-the Economy Index

The State-of-the-Economy index, percent change
Probability of slowdown relatively to the long-run growth

Revenue trends (by industry*), the State-of-the-Economy Index (red)

and business-sector GDP (blue), percent changes (in monthly terms)

Manufacturing (B 20.8%)	Construction (D 6.6%)
Trade, Accomodations and Restaurants (E,F 14.5%)	Transport and Communication (G 10.9%)
Finance, Real Estate and Business services (H,I 40.5%)	Education, Health and Welfare services (K,L,M,N 10.5%)