Focus on micro data: potential benefits for the industry? This session addresses two issues that are closely interlinked. The first concerns the costs and benefits of using micro data in statistics in general and in central bank statistics in particular. The second deals with the benefits of micro data for the industry. These two questions cannot be answered independently of each other.
Central bank statistics are a public good. Therefore, the costs and benefits of different types of statistics need to be assessed from the perspective of society as a whole. The financial industry is a key stakeholder in this process.