Uruguay: Report on the Observance of Standards and Codes-Data Module ePub (Adobe DRM) download by International Monetary Fund. Stat Dept.

Uruguay: Report on the Observance of Standards and Codes-Data Module

INTERNATIONAL MONETARY FUND
Publication date: February 2014
ISBN: 9781475553840
Digital Book format: ePub (Adobe DRM)

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OVERALL ASSESSMENT This Report on the Observance of Standards and Codes (ROSC)-Data Module is a reassessment of the exercise conducted in 1999-mid-2000, which was based on information collected during a November 1999 mission and used the dimensional structure of the first July 2000 draft version of IMF's Data Quality Assessment Framework (DQAF). This reassessment covers national accounts, and consumer (CPI) and producer price indices (PPI). The Uruguayan agencies that compile and disseminate these datasets are: the Central Bank of Uruguay (CBU) for national accounts and the National Institute of Statistics (NIS) for the CPI and PPI. This Report is the first data ROSC based on the 2012 version of the DQAF, which assesses data quality against the relevant statistical standards current in 2012, including the System of National Accounts 2008 (2008 SNA), the Consumer Price Index Manual 2004 (CPI Manual), and the Producer Price Index Manual 2004 (PPI Manual). The Report contains the following main observations. Following the 1999 data ROSC mission,1 Uruguay made significant improvements in statistical compilation and dissemination of the statistics covered by this ROSC-Data Module. The progress achieved allowed Uruguay to subscribe to the Special Data Dissemination Standard (SDDS) on February 12, 2004. Since its SDDS subscription, Uruguay has been in observance of the SDDS, meeting the specifications for coverage, periodicity, timeliness, and the dissemination of advance release calendars. In the last (2011) SDDS annual report on observance, Uruguay met the SDDS requirements for timeliness with episodic exceptions for some data categories. Uruguay exceeds the SDDS timeliness requirements for labor market (employment, unemployment, and wages/earnings), price (consumer prices and producer prices), and international investment position data. Currently, Uruguay is using two regular timeliness flexibility options for general government operations and central government operations; additionally, it is using an "as relevant" timeliness provision for analytical accounts of the banking sector for countries with extensive branch banking systems. No flexibility options are being used regarding real sector statistics. Appendix I provides an overview of Uruguay's dissemination practices for real sector statistics compared to the SDDS.
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