Macrobond updates

Bi-weekly data additions

Bi-weekly data additions: 4-22 April 2022

By 
Arnaud Lieugaut
 on 
April 25, 2022

Highlights

              

Europe

We’ve added a new ESG dataset from Eurostat that provides cooling degree days (CDD) and heating degree days (HDD) statistics for each EU country, as well as more granular coverage, up to NUTS-3. 

The CDD index is a weather-based technical index designed to show cooling requirements of buildings. It measures severity of heat by comparing outdoor temperature and the average room temperature. By contrast, the HDD index shows heating energy requirements.

The chart below displays the evolution of both indices across each EU nation since 1979. Dispersion across countries is due to their geographical location, but what this chart highlights is that the average CDD index has increased significantly in the past 10 years – and for most countries, is even higher than the 75% percentile. The opposite is true for the HDD index, which is decreasing in all economies. This means winters are warmer today than they were decades ago.

Access the chart here

Cooling & Heating Degree Days by Country - Annual Data

Source & Release > EU [eueu, Region] > Eurostat > Extended Database > EU 27 (without United Kingdom) [eueu27_2019, Region] > Environment & Energy > Cooling & Heating Degree Days by Country

The dataset also covers NUTS-3 regions for each EU country. Another way to work with it is to measure deviations to the mean over time, by calculating Z-scores. 

The chart below focuses on Sweden and uses the heating and cooling degree days indices for its 21 NUTS-3 regions. We calculated cross-sectional mean, percentiles, and high-lows.

What’s worth noting at first is that the HDD index was two standard deviations below its mean in 2021 –

a record low – which indicates a very warm winter season. In general, we can see that the index has been consistently negative for the past 15 years, except for 2010. 

At the same time, the cooling degree days index Z-score is regularly close to 0, indicating that the summer season is not warmer than before, on average. However, note the outliers such as Sweden, which has been experiencing more frequent extreme heat.

Access the chart here

 

Cooling & Heating Degree Days by NUTS 3 Regions - Annual Data

Source & Release > EU [eueu, Region] > Eurostat > Extended Database > Sweden [se, Region] > Environment & Energy > Cooling & Heating Degree Days by NUTS 3 Regions

Dominican Republic

We have also expanded our data coverage for the Dominican Republic, adding labour market statistics and more granularity for national accounts.

As an example, you can now build GDP contributions like the chart below:

Access the chart here

National Accounts (Expenditure Approach)
Country & Region > Dominican Republic [do, Region] > National Accounts [naac, Category] > Expenditure Approach

Thailand

For Thailand, we’ve added services production indices calculated by the Bank of Thailand. 

Users can consult the underlying methodology here:

https://www.bot.or.th/App/BTWS_STAT/statistics/DownloadFile.aspx?file=EC_EI_039_ENG.PDF 

In the chart below, we rebased all indices to January 2020 to measure which sectors suffered the most from the pandemic, and whether they have since recovered. 

Access the chart here

Service Production Index

Country & Region > Thailand [th, Region] > Production [prod, Category] > Services > Activity > Service Production Index

Complete list

Australia

Quarterly MySuper Statistics, MySuper Products

Country & Region > Australia [au, Region] > Funds [fund, Category] > Fund Statistics > Pension Funds > MySuper Products > Benchmark Asset Allocation

Country & Region > Australia [au, Region] > Funds [fund, Category] > Fund Statistics > Pension Funds > MySuper Products > Product Dashboard

Country & Region > Australia [au, Region] > Funds [fund, Category] > Fund Statistics > Pension Funds > MySuper Products > Total Assets

Country & Region > Australia [au, Region] > Funds [fund, Category] > Fund Statistics > Pension Funds > MySuper Products > Total Investments

Brazil

Manufacturing Capacity Utilization – dataset extension

Country & Region > Brazil [br, Region] > Production [prod, Category] > Manufacturing > Capacity Utilization > National

Dominican Republic

Labor Market (By Group)
Country & Region > Dominican Republic [do, Region] > Labor Market [lama, Category] > Employment > By Economic Activity

National Accounts (Expenditure Approach)
Country & Region > Dominican Republic [do, Region] > National Accounts [naac, Category] > Expenditure Approach

National Accounts (Production Approach)
Country & Region > Dominican Republic [do, Region] > National Accounts [naac, Category] > Production Approach

Romania

Construction & Real Estate 

Country & Region > Romania [ro, Region] > Construction & Real Estate [cons, Category] > Real Estate > Real Estate Prices > Residential > Price Index > Romanian National Institute of Statistics

Poland

MFI Interest Rates

Country & Region > Poland [pl, Region] > Interest & Exchange Rates [rate, Category] > MFI Rates > National Bank of Poland

Thailand

Service Production Index

Country & Region > Thailand [th, Region] > Production [prod, Category] > Services > Activity > Service Production Index

Turkey

Foreign Trade, Broad Economic Categories - dataset extension

Country & Region > Turkey [tr, Region] > Trade [trad, Category] > Foreign Trade > National Sources > Export & Import > Broad Economic Categories

Surveys, Construction Sector Confidence Index  - dataset extension

Country & Region > Turkey [tr, Region] > Surveys & Leading Indicators [surv, Category] > Economic Surveys > TurkStat > Construction Survey

World

Eurostat  

Cooling & Heating Degree Days by Country - Annual Data

Source & Release > EU [eueu, Region] > Eurostat > Extended Database > EU 27 (without United Kingdom) [eueu27_2019, Region] > Environment & Energy > Cooling & Heating Degree Days by Country

Cooling & Heating Degree Days by NUTS 3 Regions - Annual Data

Source & Release > EU [eueu, Region] > Eurostat > Extended Database > Germany [de, Region] > Environment & Energy > Cooling & Heating Degree Days by NUTS 3 Regions

Geopolitical Risk Index (Daily)

Source & Release > World [world, Region] > Matteo Iacoviello > Geopolitical Risk Index (Daily) [rel_gprid, Release]

Country & Region > World [world, Region] > ESG [esgc, Category] > Overall ESG > Matteo Iacoviello > Geopolitical Risks (GPR)