Main Economic Indicators, Volume 2012 Issue 1
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Main Economic Indicators, Volume 2012 Issue 1

The monthly Main Economic Indicators (MEI) presents comparative statistics that provide an overview of recent international economic developments for the 34 OECD countries, the euro zone and a number of non-member economies.

This indispensable and unique source of key short-term statistics is a vehicle for analysis for corporate planners, economists, academics, researchers and students. Using the most up-to-date, user-friendly tabular presentation, the indicators cover national accounts, business surveys and consumer opinions, leading indicators, retail sales, production, construction, prices, employment, unemployment, wages, finance, international trade and balance of payments.

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Table 46 – Real effective exchange rate: relative unit labour costs, 2005=100 You or your institution have access to this content

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‌46Real effective exchange rate: relative unit labour costs, 2005=100
‌‌
‌‌
‌2009‌
‌2010‌
‌2011‌
‌2008‌
‌2009‌
‌2010‌
 Q3 
 Q4 
 Q1 
 Q2 
 Q3 
 Q4 
 Q1 
 Q2 
 Q3 
Australia
107.7
 
104.7
 
115.8
 
108.2
 
112.5
 
112.5
 
112.8
 
114.5
 
123.2
 
126.8
 
131.4
 
129.0
 
Austria
93.9
 
95.3
 
93.4
 
95.3
 
95.4
 
94.3
 
93.1
 
92.8
 
93.3
 
93.6
 
93.5
 
92.7
 
Belgium
104.7
 
105.8
 
101.0
 
106.1
 
106.3
 
103.4
 
100.3
 
99.9
 
100.3
 
99.7
 
100.8
 
100.5
 
Canada
113.7
 
107.7
 
117.6
 
111.3
 
114.1
 
115.8
 
117.5
 
116.9
 
120.2
 
123.4
 
125.4
 
124.3
 
Chile
111.4
 
110.0
 
119.1
 
110.6
 
114.4
 
116.5
 
116.7
 
119.7
 
123.3
 
121.1
 
120.9
 
120.7
 
Czech Republic
109.1
 
100.3
 
98.5
 
102.9
 
100.7
 
99.0
 
97.5
 
98.7
 
98.9
 
99.4
 
100.0
 
99.6
 
Denmark
100.9
 
100.8
 
95.4
 
100.7
 
100.4
 
97.6
 
94.6
 
94.1
 
95.4
 
95.8
 
96.9
 
96.7
 
Estonia
125.3
 
132.0
 
107.6
 
131.7
 
125.8
 
116.8
 
108.6
 
104.0
 
101.1
 
98.0
 
98.1
 
99.3
 
Finland
87.2
 
89.7
 
85.2
 
90.2
 
90.4
 
87.6
 
84.4
 
84.1
 
84.7
 
84.2
 
84.9
 
84.0
 
France
104.3
 
105.6
 
101.7
 
105.5
 
105.7
 
103.6
 
101.2
 
100.8
 
101.1
 
100.1
 
101.5
 
100.4
 
Germany
97.3
 
100.8
 
97.8
 
102.0
 
103.8
 
101.3
 
97.7
 
96.4
 
95.9
 
94.7
 
95.4
 
94.6
 
Greece
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
Hungary
99.8
 
91.8
 
84.8
 
93.7
 
91.6
 
89.2
 
83.9
 
81.4
 
84.6
 
85.1
 
87.3
 
84.0
 
Iceland
77.3
 
53.3
 
60.0
 
49.8
 
49.8
 
53.0
 
58.3
 
63.4
 
65.3
 
63.5
 
62.4
 
62.7
 
Ireland
96.1
 
84.3
 
70.7
 
83.0
 
82.9
 
76.7
 
70.5
 
67.9
 
67.8
 
66.9
 
66.6
 
65.2
 
Israel
117.2
 
107.8
 
116.6
 
109.5
 
109.9
 
114.4
 
117.4
 
115.6
 
119.0
 
119.9
 
120.7
 
116.0
 
Italy
108.1
 
110.1
 
106.7
 
109.7
 
109.6
 
107.2
 
104.5
 
105.6
 
109.4
 
112.7
 
113.4
 
113.1
 
Japan
80.2
 
93.5
 
97.3
 
92.7
 
94.0
 
93.3
 
93.2
 
100.1
 
102.6
 
103.2
 
101.8
 
105.5
 
Korea
77.9
 
63.5
 
66.8
 
64.3
 
66.6
 
68.6
 
68.0
 
65.3
 
65.3
 
64.8
 
65.2
 
64.2
 
Luxembourg
108.6
 
114.2
 
100.5
 
111.6
 
108.8
 
105.3
 
99.9
 
98.4
 
98.5
 
97.0
 
98.1
 
97.7
 
Mexico
94.5
 
79.0
 
85.7
 
80.3
 
81.3
 
84.2
 
86.8
 
85.1
 
86.8
 
88.8
 
90.7
 
86.2
 
Netherlands
100.3
 
99.2
 
92.8
 
99.2
 
99.0
 
96.0
 
92.1
 
91.2
 
91.8
 
91.6
 
92.7
 
92.6
 
New Zealand
96.1
 
85.8
 
93.8
 
89.4
 
92.9
 
91.7
 
93.6
 
94.6
 
95.4
 
93.3
 
95.1
 
98.3
 
Norway
115.1
 
110.9
 
119.5
 
110.6
 
115.8
 
118.3
 
119.5
 
119.5
 
120.6
 
124.8
 
126.5
 
127.8
 
Poland
107.3
 
79.0
 
77.5
 
79.5
 
77.5
 
78.5
 
76.4
 
77.0
 
78.2
 
78.3
 
77.5
 
73.0
 
Portugal
97.9
 
95.8
 
95.9
 
95.1
 
96.6
 
96.5
 
95.5
 
95.6
 
96.2
 
96.3
 
97.2
 
97.2
 
Slovak Republic
115.9
 
134.3
 
131.0
 
132.1
 
135.7
 
136.2
 
133.8
 
128.2
 
125.9
 
126.5
 
127.7
 
127.1
 
Slovenia
105.6
 
112.0
 
108.9
 
111.4
 
112.3
 
110.8
 
108.1
 
108.2
 
108.4
 
108.0
 
108.3
 
107.9
 
Spain
110.7
 
108.1
 
103.8
 
108.2
 
107.9
 
105.4
 
103.2
 
103.0
 
103.4
 
102.7
 
103.3
 
102.8
 
Sweden
100.3
 
97.7
 
93.9
 
100.2
 
98.2
 
96.6
 
94.0
 
93.0
 
92.0
 
91.7
 
91.2
 
89.6
 
Switzerland
101.3
 
107.5
 
112.8
 
107.0
 
108.3
 
108.3
 
109.2
 
115.8
 
118.1
 
121.7
 
127.7
 
137.2
 
Turkey
91.4
 
72.7
 
75.6
 
71.9
 
71.3
 
73.6
 
76.2
 
76.3
 
76.1
 
70.4
 
70.1
 
..
 
United Kingdom
89.9
 
83.0
 
87.5
 
86.2
 
85.2
 
85.5
 
86.7
 
89.4
 
88.4
 
89.5
 
88.6
 
88.8
 
United States
87.4
 
90.6
 
84.4
 
87.9
 
84.8
 
85.3
 
86.4
 
84.7
 
81.3
 
79.5
 
76.6
 
76.8
 
Euro area
105.7
 
108.3
 
99.9
 
108.7
 
110.3
 
105.0
 
98.6
 
97.3
 
98.6
 
97.9
 
99.6
 
98.1
 
Major-seven
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
EU27
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
OECD-Total
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
Other economies
 
 
 
 
 
 
 
 
 
 
 
 
Brazil
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
China
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
India
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
Indonesia
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
Russian Federation
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
South Africa
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
Not available
Note: Detailed metadata at:http://metalinks.oecd.org/mei/20120110/93ae.
Information on data for Israel:http://dx.doi.org/10.1787/888932315602

 
 
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