The dataset from the Eurosystem’s Broad Money and Banking statistics (EBu), formerly Monthly Bulletin (MoBu), provides a detailed look at raw economic indicators. It primarily focuses on original series like indexes, levels, and absolute values rather than derived annual percentage changes. Users are expected to perform their own calculations to transform this data using their preferred software, offering flexibility in analyzing Time In Euro area economies.
This collection is built upon data extracted from “frozen” databases, the very source used for MoBu statistical tables since January 2001. For a selection of 38 key variables, historical versions, or “vintages,” have been reconstructed extending back to 1999. These reconstructed series are available in CSV format, as detailed in the Dissemination section. The crucial “freezing” process, which captures a snapshot of the data, occurs on the working day preceding each Governing Council meeting at precisely 3:30 p.m. CET. This ensures consistency and a point of reference for each data release over time in euro.
It is important to acknowledge the evolution of the technology underpinning these storage databases. Consequently, the quality of earlier vintages might be less robust due to limitations in readily available electronic sources at that time. However, any potential data quality issues in early vintages do not reflect on the MoBu publications themselves, as rigorous proofreading always guaranteed the accuracy of published figures. Thus, while exploring time in euro data, users should consider the technical context of data collection.
All indicators within this dataset adhere to a “policy concept.” This means data is reported according to the prevailing methodology at the time of publication. A significant example is the shift in GDP at constant prices to chain indices in November 2005. This methodological revision is reflected within the dataset as a revision to the GDP series, illustrating how policy changes over time in euro are incorporated.
When analyzing euro area data, it’s vital to understand the specific definition of the euro area in use. The composition of the euro area has evolved, and comprehensive details regarding these changes are available in the General Notes of the EBu. Understanding these definitional shifts is crucial for accurate analysis of time in euro area trends.
Considering these important caveats, this dataset is intended solely for research purposes. The included time series should not be regarded as definitive reference data. For the most current and up-to-date indicators, users should always consult other sections of the SDW (Statistical Data Warehouse). Before downloading data, it is strongly recommended to thoroughly review the technical documentation to fully understand its nuances and appropriate usage. Further details on data download can be found in the “Dissemination” section.