Main Economic Indicators, Volume 2015 Issue 12
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Main Economic Indicators, Volume 2015 Issue 12

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 2015/12, December - © OECD 2015

‌44Real effective exchange rate: relative unit labour costs, 2010=100
‌‌
‌‌
‌2013‌
‌2014‌
‌2015‌
‌2012‌
‌2013‌
‌2014‌
 Q3 
 Q4 
 Q1 
 Q2 
 Q3 
 Q4 
 Q1 
 Q2 
 Q3 
Australia
111.5
 
105.2
 
98.7
 
100.6
 
101.0
 
97.7
 
100.8
 
100.6
 
95.7
 
90.5
 
90.3
 
86.2
 
Austria
98.3
 
100.9
 
103.0
 
101.4
 
102.3
 
102.8
 
103.4
 
102.6
 
103.2
 
101.2
 
99.9
 
101.3
 
Belgium
99.7
 
102.6
 
102.6
 
103.2
 
104.3
 
104.5
 
102.9
 
101.9
 
101.0
 
98.5
 
96.4
 
98.2
 
Canada
102.8
 
100.6
 
94.1
 
99.9
 
98.6
 
94.1
 
94.6
 
95.2
 
92.7
 
88.1
 
89.3
 
84.7
 
Chile
107.7
 
110.9
 
101.4
 
109.3
 
107.2
 
102.4
 
102.4
 
100.1
 
100.9
 
101.2
 
104.4
 
98.7
 
Czech Republic
98.2
 
95.9
 
90.6
 
97.4
 
92.9
 
91.8
 
91.3
 
89.5
 
89.7
 
88.2
 
87.4
 
90.5
 
Denmark
94.3
 
96.1
 
98.1
 
96.6
 
97.9
 
98.8
 
98.5
 
97.2
 
97.7
 
95.7
 
94.5
 
96.2
 
Estonia
93.5
 
97.6
 
102.9
 
99.3
 
100.2
 
101.0
 
101.4
 
102.8
 
106.5
 
108.1
 
103.2
 
107.9
 
Finland
97.4
 
99.4
 
101.5
 
99.7
 
100.8
 
102.2
 
101.6
 
100.1
 
102.1
 
101.3
 
97.8
 
101.7
 
France
96.5
 
97.7
 
99.2
 
98.1
 
99.1
 
100.2
 
100.1
 
98.5
 
98.0
 
95.1
 
94.0
 
95.6
 
Germany
96.6
 
100.0
 
102.8
 
100.4
 
102.1
 
103.3
 
103.4
 
102.3
 
102.2
 
99.9
 
98.5
 
100.8
 
Greece
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
Hungary
94.0
 
93.4
 
92.2
 
93.6
 
94.2
 
92.6
 
92.5
 
90.7
 
92.8
 
92.6
 
91.9
 
91.4
 
Iceland
105.3
 
108.0
 
120.0
 
108.5
 
108.7
 
121.0
 
122.9
 
115.4
 
120.5
 
124.7
 
123.1
 
128.2
 
Ireland
89.9
 
90.5
 
88.6
 
88.7
 
91.2
 
91.8
 
90.3
 
85.9
 
86.3
 
80.9
 
78.7
 
83.2
 
Israel
97.2
 
104.4
 
107.2
 
105.4
 
106.7
 
108.8
 
108.4
 
109.5
 
102.2
 
106.7
 
109.5
 
112.2
 
Italy
95.6
 
97.2
 
99.2
 
97.7
 
98.9
 
100.0
 
99.4
 
98.5
 
98.6
 
96.6
 
94.2
 
96.8
 
Japan
100.6
 
80.7
 
76.1
 
79.6
 
78.4
 
76.2
 
78.3
 
77.6
 
72.4
 
71.5
 
70.1
 
72.0
 
Korea
99.4
 
105.4
 
113.3
 
105.0
 
109.7
 
110.3
 
114.7
 
115.3
 
112.9
 
116.5
 
117.3
 
112.3
 
Luxembourg
101.4
 
102.3
 
103.3
 
101.9
 
105.7
 
105.3
 
104.7
 
102.9
 
100.2
 
99.1
 
100.1
 
100.8
 
Mexico
97.4
 
102.3
 
99.4
 
101.6
 
100.9
 
99.2
 
101.1
 
100.7
 
96.6
 
91.9
 
90.3
 
85.1
 
Netherlands
96.6
 
97.8
 
98.5
 
98.3
 
97.6
 
99.7
 
98.8
 
97.9
 
97.5
 
93.8
 
91.8
 
93.9
 
New Zealand
105.7
 
110.4
 
116.5
 
109.1
 
112.2
 
115.3
 
119.0
 
117.6
 
114.1
 
115.9
 
113.1
 
103.8
 
Norway
109.0
 
110.3
 
105.2
 
108.7
 
106.7
 
106.0
 
107.6
 
105.9
 
101.5
 
98.3
 
99.8
 
94.9
 
Poland
92.5
 
92.7
 
93.9
 
91.9
 
93.0
 
94.2
 
94.6
 
93.3
 
93.5
 
93.8
 
93.5
 
93.2
 
Portugal
90.9
 
93.8
 
93.4
 
93.7
 
93.2
 
94.4
 
93.4
 
94.2
 
91.6
 
90.8
 
89.6
 
89.0
 
Slovak Republic
97.4
 
97.9
 
99.9
 
98.1
 
98.8
 
100.5
 
100.5
 
99.0
 
99.6
 
98.3
 
96.8
 
98.7
 
Slovenia
93.5
 
92.3
 
91.4
 
92.6
 
91.9
 
93.0
 
91.6
 
90.3
 
90.5
 
88.7
 
87.0
 
88.9
 
Spain
90.0
 
89.8
 
89.5
 
90.1
 
90.5
 
90.3
 
90.3
 
88.9
 
88.5
 
86.7
 
85.4
 
86.1
 
Sweden
109.2
 
112.4
 
108.5
 
112.8
 
111.6
 
112.2
 
109.9
 
107.2
 
104.9
 
103.3
 
102.5
 
103.2
 
Switzerland
111.2
 
109.8
 
111.1
 
109.7
 
111.3
 
111.8
 
111.9
 
110.6
 
109.9
 
120.5
 
122.4
 
120.2
 
Turkey
91.0
 
92.7
 
82.0
 
91.0
 
86.9
 
79.5
 
82.8
 
82.1
 
83.7
 
83.6
 
75.9
 
72.6
 
United Kingdom
99.0
 
96.0
 
101.0
 
96.0
 
97.7
 
100.0
 
100.1
 
101.8
 
102.3
 
105.6
 
107.6
 
110.4
 
United States
97.1
 
97.6
 
101.2
 
98.7
 
97.8
 
100.5
 
99.2
 
99.8
 
105.2
 
111.6
 
111.4
 
115.7
 
Euro area
91.7
 
94.9
 
97.6
 
95.6
 
97.3
 
99.1
 
98.6
 
96.5
 
96.3
 
92.1
 
89.1
 
92.7
 
Major-seven
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
EU28
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
OECD-Total
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
Other economies
 
 
 
 
 
 
 
 
 
 
 
 
Brazil
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
China
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
Colombia
107.5
 
105.8
 
99.2
 
104.4
 
102.7
 
98.2
 
102.6
 
103.2
 
93.0
 
84.9
 
84.4
 
72.9
 
India
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
Indonesia
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
Latvia
94.1
 
96.5
 
104.1
 
97.8
 
99.8
 
103.3
 
102.9
 
102.2
 
108.1
 
113.0
 
106.0
 
113.3
 
Russian Federation
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
South Africa
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
Not available
Note: Detailed metadata at: http://metalinks.oecd.org/mei/20151203/f66f.
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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