Macrobond release notes

Bi-weekly data additions

Bi-weekly data additions: 01 – 12 August 2022

August 12, 2022
By 
Arnaud Lieugaut

Highlights

Denmark

Statistics Denmark recently started compiling a weekly natural gas consumption series, aiming to provide an early indicator of trends in usage and import dependency. This series, as well as a weekly storage indicator, is now available in Macrobond.

In the chart below, we display weekly natural gas consumption overlaid with the average daily temperature in Copenhagen as a proxy for the whole country. A negative correlation (higher temperatures, less consumption) appears clearly, but the key takeaway from this chart is how it shows the impact of especially cold or warm winters. The winters of 2018-19 and 2020-21 were cold, with a few days of below-zero average temperature, resulting in significant spikes in gas consumption. By contrast, 2019-20 was a warmer winter, resulting in lower-than-usual consumption. Given today’s context in Europe (a spike in natural gas prices and storage concerns ahead of the winter season), a warm 2022-2023 winter would help ease stress – both in the natural gas market and consumers’ wallets. 

Access the chart here

Experimental Statistics (Natural Gas Storage and Consumption)

Source & Release > Denmark [dk, Region] > Statistics Denmark > Natural Gas Storage (Experimental Statistics) [rel_dknatgasstore, Release]

Australia

For Australia, we’ve just added airfare indices from the Bureau of Infrastructure, Transport & Regional Economies. The dataset starts in 1992 for most categories and is broken down between three types of airline tickets: business class, economy, and “best discount.” More information on the methodology can found here: https://www.bitre.gov.au/statistics/aviation/air_fares_method

In the chart below, we looked at the evolution of airfare indices since the beginning of the pandemic. While none of the segments have recovered to pre-Covid-19 levels, they have significantly diverged: “best discount” is nearing pre-pandemic prices, while economy and business class are respectively 24 percent and 34 percent below their February 2020 levels. One explanation could be changed consumer behaviour: the rise of remote work and videoconferencing may be holding back demand for business class tickets.  

Access the chart here

Domestic Air Fare Indexes

Country & Region > Australia [au, Region] > Transport & Communications [tran, Category] > Traffic > Air > Domestic Fare Indexes

Thailand

Inflation is hitting economies across the world in 2022, fuelled by soaring prices for energy, housing and food. However, inflation affects lower-income households differently: for instance, less affluent people are particularly affected by higher food prices. In this context, Thailand’s Bureau of Trade and Economic Indices has begun publishing a low-income consumer price index (CPI) measure, which has a different weighting of inflation sub-categories than the traditional calculation.

In the chart below, we displayed the weights for the two measures of inflation. Food and housing are more important in the low-income CPI basket, while Transportation & Communication has a heavier weighting in the standard inflation measure. 

The figures for July were very similar for both measures: about 7.6 to 7.8 percent year-on-year. Energy prices impact both the housing and transportation categories, offsetting the impact of the different weighting. The surge in food prices has eased in recent months, reducing the impact of the category’s higher weighting on low-income consumers. 

Access the chart here

Low-Income CPI

Country & Region > Thailand [th, Region] > Prices [pric, Category] > Low Income Consumer Price Index

Euro Area

The European Central Bank has calculated a new Composite Indicator of Systemic Stress (CISS) for the euro area, and the series is now available in Macrobond. 

We display the new CISS index in the chart below, comparing it with the percentage the STOXX 50 Index was off a 5-year high (i.e., a 5-year rolling drawdown). It appears that these series are correlated: an increase in the CISS index implies a significant drop for equity markets. 

Access the chart here

New Composite Indicator of Systemic Stress (CISS)
Country & Region > Euro Area [eu, Region] > Euro Area [eu, Region] > Surveys & Leading Indicators [surv, Category] > Leading Indicators > ECB

Complete list

Armenia

Average Monthly Nominal Wages

Country & Region > Armenia [am, Region] > Income & Earnings [inea, Category] > Wages & Salaries > Average Monthly Nominal Wages

Australia

Domestic Air Fare Indexes

Country & Region > Australia [au, Region] > Transport & Communications [tran, Category] > Traffic > Air > Domestic Fare Indexes

New South Wales COVID-19 Statistics

Country & Region > Australia [au, Region] > Demography [demo, Category] > Public Health > Diseases > Novel Coronavirus (COVID-19) > New South Wales Ministry of Health

Bulgaria

Bad & Restructured Loans

Country & Region > Bulgaria [bg, Region] > Money, Banking & Credit [bank, Category] > Monetary Statistics > Counterparts of Monetary Aggregates

Canada

Rental Market Report

Country & Region > Canada [ca, Region] > Construction & Real Estate [cons, Category] > Real Estate > Real Estate Transactions > Value > Toronto Real Estate Board > Rental Market Report

Chile  


CPI – old base methodology

Country & Region > Chile [cl, Region] > Prices [pric, Category] > Consumer Price Index > Old Base Years

Denmark 

Denmark Short Term Rates (DESTR)
Source & Release > Denmark [dk, Region] > Central Bank of Denmark (Danmarks Nationalbank) > Denmark Short Term Rate (DESTR) [rel_dknatbandestr, Release]

Experimental Statistics (Natural Gas Storage and Consumption)

Source & Release > Denmark [dk, Region] > Statistics Denmark > Natural Gas Storage (Experimental Statistics) [rel_dknatgasstore, Release]

Quarterly Financial Accounts

Country & Region > Denmark [dk, Region] > National Accounts [naac, Category] > Quarterly Financial Accounts

Dominican Republic

Exports & Imports in USD
Country & Region > Dominican Republic [do, Region] > Trade [trad, Category] > Foreign Trade > Total

Finland

Real Estate, Home Prices (Monthly)

Source & Release > Finland [fi, Region] > Statistics Finland > Real Estate, Home Prices (Monthly) [rel_fistatpdwell, Release]

Honduras

International Reserves  

Country & Region > Honduras [hn, Region] > Foreign Finance [fofi, Category] > International Reserves

India

External Debt – Residual Maturities, External Debt – IMF Format

Country & Region > India [in, Region] > Foreign Finance [fofi, Category] > Foreign Debt > Gross > Residual Maturity Of Outstanding External Debt

Country & Region > India [in, Region] > Foreign Finance [fofi, Category] > Foreign Debt > Gross > Quarterly - IMF Format

Japan

JNTO Tourism Statistics, Inbound by Purpose

Country & Region > Japan [jp, Region] > Tourism [tour, Category] > Arrivals > By Country

Lithuania

Foreign Trade by Vountry

Country & Region > Lithuania [lt, Region] > Trade [trad, Category] > Foreign Trade > National Sources > Countries

New Zealand

Coronavirus (COVID-19) Daily Report
Country & Region > New Zealand [nz, Region] > Demography [demo, Category] > Public Health > Diseases > Novel Coronavirus (COVID-19)

Electronic Card Transactions (Quarterly), Seasonally Adjusted
Country & Region > New Zealand [nz, Region] > Trade [trad, Category] > Domestic Trade > Transactions

Poland

Central Bank Forecasts Supplementation – Quarterly CPI & GDP

Country & Region > Poland [pl, Region] > Forecasts [fcst, Category] > National Bank of Poland

Sweden

CPI – Special Series

Country & Region > Sweden [se, Region] > Prices [pric, Category] > Consumer Price Index > Classification of Individual Consumption by Purpose (COICOP) > Special Series > Special Series

Labour Market Forecast

Country & Region > Sweden [se, Region] > Forecasts [fcst, Category] > Riksbank

Fund Savings by Sustainability Classification

Source & Release > Sweden [se, Region] > Swedish Investment Fund Association (Fondbolagens Förening) > Fund Savings by Sustainability Classification [rel_sesifafundsaving, Release]

Labour Force and Activity Rate by Age

Country & Region > Sweden [se, Region] > Labor Market [lama, Category] > Labor Force Statistics > Labor Force > By Age > 15-74 Years

Country & Region > Sweden [se, Region] > Labor Market [lama, Category] > Labor Force Statistics > Activity Rate > By Age > Annual

National Accounts – Household Consumption, by Durability 

Country & Region > Sweden [se, Region] > National Accounts [naac, Category] > Expenditure Approach > Household Consumption Expenditure > By Durability

Thailand

Low Income CPI

Country & Region > Thailand [th, Region] > Prices [pric, Category] > Low Income Consumer Price Index

United States

Coronavirus (COVID-19), Hospitalizations & Deaths, Forecasts

Source & Release > United States [us, Region] > Centers for Disease Control & Prevention > Coronavirus (COVID-19), Hospitalizations & Deaths, Forecasts [rel_uscovidfcst, Release]  

Vietnam

Minimum Wage

Country & Region > Vietnam [vn, Region] > Income & Earnings [inea, Category] > Wages & Salaries > Minimum Wage

World  

Bruegel

Real & Nominal Effective Exchange Rates (Narrow)

Source & Release > World [world, Region] > Bruegel > Bruegel, Real & Nominal Effective Exchange Rates [rel_bruegel_reer, Release] 

ENTSOG (European Network of Transmission System Operators for Gas)

Physical Flow Indicators
Country & Region > Europe [europe, Region] > Commodities & Energy [caes, Category] > Physical Flow > Energy > Gas

Eurostat  

Euro Area, Supply, Transformation & Consumption of Gas

Source & Release > EU [eueu, Region] > Eurostat > Extended Database > EU 27 (without United Kingdom) [eueu27_2019, Region] > Environment & Energy > Supply, Transformation & Consumption of Gas

ECB
New Composite Indicator of Systemic Stress (CISS)
Country & Region > Euro Area [eu, Region] > Euro Area [eu, Region] > Surveys & Leading Indicators [surv, Category] > Leading Indicators > ECB