Main Economic Indicators, Volume 2014 Issue 8
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Main Economic Indicators, Volume 2014 Issue 8

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 44 – Real effective exchange rate: relative unit labour costs, 2010=100 You or your institution have access to this content

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Main Economic Indicators, Volume 2014/8, August - © OECD 2014

‌44Real effective exchange rate: relative unit labour costs, 2010=100
‌‌
‌‌
‌2012‌
‌2013‌
‌2014‌
‌2011‌
‌2012‌
‌2013‌
 Q2 
 Q3 
 Q4 
 Q1 
 Q2 
 Q3 
 Q4 
 Q1 
 Q2 
Australia
109.6
 
110.9
 
105.1
 
109.3
 
111.2
 
110.5
 
111.5
 
107.3
 
100.5
 
101.1
 
98.9
 
102.9
 
Austria
99.2
 
98.5
 
101.0
 
98.5
 
98.0
 
98.6
 
99.7
 
100.4
 
101.5
 
102.6
 
103.3
 
103.2
 
Belgium
101.4
 
100.6
 
103.0
 
101.0
 
99.9
 
100.9
 
101.4
 
102.4
 
103.6
 
104.4
 
104.5
 
103.7
 
Canada
102.0
 
103.1
 
101.2
 
102.3
 
104.8
 
103.6
 
103.0
 
101.6
 
100.9
 
99.5
 
95.2
 
96.4
 
Chile
103.8
 
107.3
 
111.6
 
104.7
 
110.1
 
109.7
 
112.6
 
113.3
 
110.3
 
110.0
 
104.4
 
104.3
 
Czech Republic
101.8
 
98.1
 
95.5
 
97.6
 
97.4
 
97.9
 
97.4
 
96.4
 
97.1
 
91.1
 
90.7
 
91.1
 
Denmark
97.8
 
94.1
 
95.6
 
94.4
 
92.8
 
93.7
 
94.9
 
94.3
 
95.6
 
97.6
 
97.7
 
97.5
 
Estonia
95.6
 
93.8
 
101.4
 
94.2
 
92.8
 
94.8
 
96.4
 
99.5
 
103.6
 
106.2
 
107.3
 
107.3
 
Finland
99.4
 
97.7
 
101.0
 
98.2
 
96.7
 
98.5
 
99.2
 
100.0
 
101.5
 
103.4
 
105.0
 
104.7
 
France
99.4
 
96.7
 
98.4
 
96.9
 
95.8
 
96.9
 
97.7
 
97.5
 
98.8
 
99.7
 
100.6
 
100.4
 
Germany
99.0
 
96.9
 
100.3
 
97.2
 
95.8
 
97.8
 
99.1
 
99.2
 
100.9
 
102.2
 
102.9
 
102.8
 
Greece
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
Hungary
99.2
 
93.6
 
95.6
 
92.7
 
95.6
 
95.1
 
93.4
 
95.9
 
96.0
 
97.0
 
94.7
 
95.6
 
Iceland
103.8
 
105.3
 
110.3
 
107.0
 
109.3
 
105.5
 
100.1
 
116.7
 
111.9
 
112.7
 
119.2
 
120.9
 
Ireland
95.4
 
89.6
 
91.2
 
88.4
 
89.5
 
88.3
 
91.3
 
90.5
 
89.9
 
93.0
 
92.2
 
91.8
 
Israel
101.1
 
96.9
 
104.3
 
98.3
 
95.0
 
96.8
 
100.6
 
102.9
 
104.2
 
109.4
 
108.6
 
109.1
 
Italy
99.3
 
96.8
 
99.2
 
96.6
 
95.6
 
97.2
 
98.8
 
98.2
 
99.6
 
100.1
 
101.1
 
100.5
 
Japan
103.2
 
100.0
 
81.0
 
99.7
 
102.6
 
97.3
 
85.0
 
79.5
 
80.4
 
79.1
 
77.6
 
78.8
 
Korea
98.9
 
98.4
 
104.2
 
96.5
 
98.6
 
101.6
 
103.5
 
101.3
 
103.7
 
108.2
 
109.2
 
113.4
 
Luxembourg
101.8
 
101.9
 
104.7
 
101.9
 
100.7
 
102.6
 
104.2
 
103.3
 
104.2
 
107.2
 
107.3
 
107.2
 
Mexico
100.4
 
96.8
 
103.8
 
93.6
 
97.9
 
98.5
 
102.5
 
106.1
 
103.5
 
103.1
 
101.7
 
103.1
 
Netherlands
99.2
 
96.4
 
98.5
 
95.9
 
95.5
 
96.9
 
98.3
 
98.1
 
99.2
 
98.5
 
101.3
 
100.7
 
New Zealand
102.8
 
105.2
 
111.1
 
103.5
 
106.0
 
106.2
 
109.3
 
110.5
 
110.3
 
114.3
 
117.4
 
120.0
 
Norway
105.8
 
107.9
 
109.8
 
106.1
 
108.2
 
110.7
 
113.5
 
111.4
 
107.5
 
106.6
 
106.9
 
108.5
 
Poland
96.7
 
92.0
 
93.9
 
90.6
 
92.8
 
93.2
 
94.0
 
92.7
 
93.3
 
95.6
 
96.6
 
97.0
 
Portugal
98.3
 
92.4
 
95.3
 
91.9
 
91.1
 
94.4
 
97.3
 
94.3
 
94.7
 
94.7
 
95.0
 
94.6
 
Slovak Republic
100.0
 
97.8
 
97.3
 
98.5
 
96.9
 
97.4
 
96.6
 
96.8
 
97.4
 
98.3
 
99.4
 
99.1
 
Slovenia
97.4
 
93.6
 
92.6
 
93.8
 
92.6
 
93.1
 
92.8
 
92.6
 
92.7
 
92.2
 
93.9
 
93.5
 
Spain
97.7
 
89.6
 
88.0
 
91.0
 
88.9
 
86.0
 
87.1
 
87.2
 
88.6
 
89.0
 
89.0
 
88.3
 
Sweden
104.2
 
105.4
 
107.7
 
103.3
 
107.3
 
106.7
 
108.5
 
107.8
 
108.6
 
105.8
 
107.0
 
104.6
 
Switzerland
113.0
 
111.0
 
110.1
 
112.1
 
109.7
 
110.2
 
109.6
 
109.1
 
110.0
 
111.8
 
113.2
 
113.0
 
Turkey
86.8
 
91.3
 
96.5
 
90.1
 
94.3
 
93.8
 
96.6
 
98.4
 
95.7
 
95.4
 
91.2
 
99.1
 
United Kingdom
98.2
 
101.8
 
100.0
 
102.4
 
103.0
 
102.2
 
97.6
 
99.8
 
100.2
 
102.5
 
105.1
 
106.3
 
United States
94.6
 
95.3
 
95.9
 
96.0
 
94.9
 
95.4
 
94.9
 
96.0
 
96.7
 
96.2
 
98.3
 
97.5
 
Euro area
98.0
 
92.0
 
95.8
 
92.5
 
90.2
 
92.0
 
94.2
 
94.1
 
96.6
 
98.2
 
99.8
 
99.0
 
Major-seven
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
EU28
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
OECD-Total
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
Other economies
 
 
 
 
 
 
 
 
 
 
 
 
Brazil
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
China
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
India
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
Indonesia
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
Russian Federation
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
South Africa
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
Not available
Note: Detailed metadata at: http://metalinks.oecd.org/mei/20140728/923a.
Information on data for Israel: http://oe.cd/israel-disclaimer.
Disclaimer: http://oe.cd/disclaimer
Source: Finance, Main Economic Indicators (database)

 
 
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