Timely granular data are also key to addressing in a smooth and effective manner ever-changing user needs, and also to reducing the need for costly ad hoc data requests. In any case, all data collections by the ESCB are subject to a prior, strict merits-and-costs procedure in order to minimise the reporting burden, subject to statistical needs.
Fifthly, innovative data dissemination tools have recently been developed to make the ESCB statistics available through multiple and user-friendly channels.