Report from the Commission to the European Parliament and the Council concerning short-term statistics as required by Council Regulation (EC) No 1165/98 of 19 May 1998

European short-term statistics (STS) describe the most recent developments in European economies in four major areas: industry, construction, retail trade and services (excluding financial services). For each area, short-term statistics provide a series of indicators such as production, turnover, output prices (often also referred to as producer prices), number of persons employed, hours worked, gross wages and several others. The legal basis of short‑term statistics is Council Regulation (EC) No 1165/1998, as amended (hereinafter the ‘short-term statistics Regulation’).

Under Article 14(2) of the Regulation, the Commission shall, by 11 August 2008 and again every three years thereafter, submit a report to the European Parliament and the Council on the statistics compiled pursuant to this Regulation and in particular on their relevance and quality and the revision of indicators. The report shall also specifically address the cost of the statistical system and the burden on business arising from this Regulation in relation to its benefits. It shall report on best practices for lessening the burden on business and shall indicate ways of reducing the burden and costs.

The present report follows up on the reports submitted in June 2008 and June 2011 pursuant to the above Article.

• Primary Source

EUR-Lex: COM(2014)381: Follow the progress of this report through the decision-making procedure http://eur-lex.europa.eu/legal-content/EN/HIS/?uri=COM:2014:381:FIN

ESO: Background information: Website: Statistics: Short-term business statistics http://www.europeansources.info/record/website-statistics-short-term-business-statistics/

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