At the same time, it is our understanding that there is a need of additional calculations related to inflation, and especially to the core inflation rate, on which the State Statistical Office has not been publishing data so far. Inflation index weight structure is of utmost importance for detailed and quality analysis of the movement of inflation and determining the main generators of inflation. In other countries, weights are publicly available and are published on the statistical offices' web sites, while in our country, they are still treated as confidential data, which restricts the analytical possibilities. The Central Bank needs improved statistics in the area of employment, id est, unemployment, as well as in the area of construction. As a result of lack of more detailed data, so far the Central Bank had to make its own additional calculations for the analyses, and to create its own databases, which in the other countries are products of the official statistical offices. We understand that the State Statistical Office has been working on the improvement of the statistics in these sectors also, and we are very eager to see the results. Within the scope of its activities, NBRM participates in the preparation of the official macroeconomic projections. Due to the need for improvement of the analyses and the projections and for following the contemporary trends in central banks' operations, the National Bank has started to conduct surveys.
Certainly, once more aimed at more successful financial risk management. •  Fourth, the European Union membership requires methodological harmonization of the statistics with the requirements and standards of the European Union, which is not easy. This is particularly important for the Republic of Macedonia, as a future European Union member-state, and requires immediate actions for improving and adjusting of the statistics to the European Union requirements and standards. Besides the need of holding relevant statistical data, the National Bank pays special attention to the reporting costs incurred by those who reports. For that purpose, activities for rationalization and reduction of the reporting encumbrance are underway, by simplifying the reporting forms, careful selection of requested data, etc. Certainly, such rationalization takes into account the need of providing and holding data necessary for preparation of the macroeconomic statistics in line with the international requirements and recommendations. 2  BIS Review 100/2006  Cooperation with other institutions The National Bank, same as other central banks worldwide, is an institution that permanently conducts numerous macroeconomic researches and analyses, for successful performance of its core functions and tasks. Therefore, apart from the development of own statistics, the National Bank plays the role of a large user of statistical information from other institutions. In this light, I would like to emphasize the cooperation of the National Bank with both domestic and foreign institutions in the exchange of statistical information.