The mission team was led by Candida Andrade, and comprised Paul Armknecht, John Motala, Graham Slack (all STA), and David Hughes (expert). Carol S. Carson (Director, STA) joined the mission on April 11 and 12.
A detailed description of the SDDS can be found on the IMF’s Dissemination Standards Bulletin Board (DSBB) on the Internet at http://www.dsbb.imf.org
Monitoring is carried out against the release dates stated in the advance release calendars and the metadata, i.e., to verify not only that the data are released according to the calendar but also that the data disseminated correspond to the metadata posted on the DSBB. Other elements of the SDDS are on a self-disclosure basis by subscribers, that is, the subscribers are asked to confirm on a quarterly basis that their descriptions of their practices are accurate.
On an annual basis, as the new annual weights from the FEES become available, the KNSO compiles a chain Laspeyres, Paasche, and Fisher index for internal analysis to measure the effects of the substitution bias and other possible sources of bias in the CPI.
The BOK also computes a chain Laspeyres and Paasche index on an annual basis to study the effects of weight shifts and potential bias.
The users included analysts employed by foreign investment banks, rating agencies, and economic and financial institutes.