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ANNUALISED SEMI-ANNUAL GROWTH RATE

Statistics Directorate    
Definition:
Annualised semi-annual growth rates show the value that would be registered if the rate of change measured with reference to two quarters or six months behind were maintained for a full year.

Context:
Annualised semi-annual growth rates attempt to facilitate comparison of data for different time periods (e.g. years and quarters). However, because the impact of any irregular is magnified, use of this form of growth rate presentation is not recommended, especially as the key headline series.

Source Publication:
OECD, 2005, Data and Metadata Reporting and Presentation Handbook, OECD, Paris, Section 3: Guidelines for the reporting of different types of data.

Cross References:
Annualised growth rate (annualised rate of change)
Linear approximation of the annualised growth rate

Statistical Theme: Methodological information (metadata)

Created on Monday, July 11, 2005

Last updated on Monday, July 18, 2005