Iceland: Report on the Observance of Standards and Codes (ROSC)—Data Module

Volume/Issue: Volume 2005 Issue 414

Publication date: November 2005

ISBN: 9781451819311

$20.00

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Topics covered in this book

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Banks and Banking , Economics- Macroeconomics , Business and Economics - Statistics , ISCR , CR , central bank , sc , central government , staff resource , balance of payments , ROSC exercise , ROSC recommendation , commitment to confidentiality , Consumer price indexes , Balance of payments statistics , Producer price indexes , Monetary statistics , Data collection , Europe

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Summary

This Report on the Observance of Standards and Codes on Data Module for Iceland highlights Data Module, response by the authorities, and detailed assessments using the data quality assessment framework. Iceland’s macroeconomic statistics are generally of high quality and are adequate to conduct effective surveillance. There is a high degree of quality awareness among Iceland’s statistical managers. There are some deficiencies in the periodicity and timeliness of the producer price index, and in the timeliness of central government finance statistics.