Business

ECB enhances accessibility-visualisation of its statistics

ECB enhances accessibility-visualisation

Motive of ECB Building
(Source: Ekkehard Boldt)
USPA NEWS - Frankfurt Main [ENA] An interesting ECB PRESS RELEASE for people who want to see behind the curtain.
● ECB launches two new tools to make statistics more accessible
● ECBstatsApp provides access to and visualises economic statistics on tablet devices
● A website, “Our statistics“, provides easy access for comparing and sharing core euro area and national statistics: https://www.euro-area-statistics.org

“Our statistics“ is a website, developed in cooperation with the national central banks of the Eurosystem, to facilitate access to and use of core statistical breakdowns for the euro area as well as national statistics using visualisations. One of its functionalities is the ability to share and integrate the visualisations into media websites, newspapers and social media. The webpage offers user-friendly and interactive access to economic data such as interest rates, competitiveness indicators and balance sheets of the banking industry.
The ECBstatsApp provides quick and easy access to data published in the ECB's Statistical Data Warehouse on tablets running on the iOS and Android operating systems. It offers predefined data visualisations in four sections: key euro area indicators, government finance, exchange rates and prices. It also has a data explorer for navigating through these and other data by economic category. The latest available statistics can be viewed in tables, charts and maps, saved in specific data selections, or exported and shared in various formats.
“High quality statistics are the backbone of both monetary policy and banking supervision,“ said ECB Executive Board member Sabine Lautenschläger. “It is therefore essential that the ECB makes statistics as easy as possible to access so that the public can follow the policy debates. Both initiatives are crucial in this respect.“ ECBstatsApp and “Our statistics“ are powered by SDMX, an initiative to foster standards for the exchange of statistical information, sponsored by the Bank for International Settlements, the ECB, Eurostat, the International Monetary Fund, the Organisation for Economic Co-operation and Development, the United Nations and the World Bank.
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