Thursday, April 9, 2015

INE statistics ensures that it produces are “credible and reliable” – Journal of Business – Portugal

The National Statistics Institute (INE) assured on Thursday that its statistics “are credible and reliable”, whereas there is no reason to “put into question the credibility” of the entity.

“The INE statistics are credible and reliable. Accepting be judge in his own cause, INE believes there are no grounds to call into question the credibility and reliability of the Portuguese official statistics of their responsibility,” he said Today official source Institute Lusa, when asked about criticism that the institution has been targeted by elements of the Government and parties that support the Executive.

The INE also mentions its statistics ” are produced complying with the 15 principles of the Code of Conduct for European Statistics within the European Statistical System “, respecting regulations and methodological practices,” which are public. “

As for the data review, the INE said these are “integral and inherent in the statistical production process” and that the statistics “are generally subject to review,” which “are mainly caused by new information about the past it was not possible to integrate the time of the previous disclosure.”

In March the INE revised upwards the unemployment rate for January, which rose from 13.3%, as disclosed in the first month of 2015 to 13.8%. In January, the INE had recalculated the data from the November unemployment as it had initially calculated a 13.9% unemployment rate and then revised the rate downwards to 13.5%.

Also the evolution of the Gross Domestic Product (GDP) in 2012 was revised last month, when they were known national final accounts for that year: INE, which had estimated a recession of 3.2% in 2012, found that the economy had contracted 4%.

In the last fortnight debate in Parliament, Prime Minister Pedro Passos Coelho said that “the INE, in recent months, made sensitive reviews of their own data “referring to the corrections of the unemployment data

Passos Coelho said it was not able to explain this revision of the unemployment rate and sent explanations for the statistical entity:.” We are not in a position to formulate an explanation about what happened, the review was sensitive. The NSA can not review a statistical these without having a serious reason for that decision. “

More recently, in a television broadcast, the vice president of the PSD Marco António Costa bitterly criticized the INE, calling into question “reliability” of the numbers reports.

“It’s not a problem of independence, is reliability. I have no doubt the independence of INE, liked was that the data the INE reports were reliable and were 100% noticeable, “he said, referring also to the two revisions of the unemployment statistics and the GDP growth of the review in 2012.

Antony Costa spoke in RTP program on the state of the National Health Service, which argued that “begin to be curious these systematic errors of INE.”

With regard to statistics on the unemployment rate, the INE recalls that since November 2014, these data “correspond to mobile quarters centered on the reference months and are calculated (…) based on incomplete information.”

The INE also explained that the statistics the unemployment rate for a given month, released late next month are provisional and may have the value “replaced the disclosure” later “for its final value.”

For example, the estimated value of the January unemployment rate was filed in late February and the final value was only released in late March.

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