This year’s conference is jointly organized with FRB, Bank of Canada and Sveriges Riksbank and it will be held in Stockholm on October 3-5.12 We are also collaborating with the Bank of England and with the BIS through the Irving Fisher Committee to organize workshops and conferences on the topic.13  12  13  The program is available at the link https://www.riksbank.se/en-gb/press-and-published/ conferences/2022/conference-on-non-traditional-data-machine-learning-and-natural-languageprocessing-in-macroeconomics/ See the IFC and Bank of Italy Workshop on “Data Science in Central Banking” which was held in Rome in October 2021 (https://www.bis.org/ifc/events/211019_ifc_bdi.htm) and in Basel in February 2022 (https://www.bis.org/ifc/events/220214_ifc.htm).
This came despite strong growth in employment and labour income. While the anticipated slowdown from the energy sector was fairly aligned with our projections, other categories surprised. As such, and given that the data present a mixed picture, I’m going to spend a bit more time on the national accounts numbers we received last week.