Pearse Doherty (Donegal South West, Sinn Fein)
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Question 65: To ask the Taoiseach the reason the Central Statistics Office has not yet released the national accounts for the first quarter of 2012; and if he will confirm when this information will be released. [33150/12]

Paul Kehoe (Wexford, Fine Gael)
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As indicated in the Weekly Release Calendar for 9th-13th July which was published on the CSO website on Thursday 5th July the Quarterly National Accounts Results for Q1 2012 will be published on Thursday 12th July.

On average the publication time lag for the quarterly national accounts is 82 days after the end of the relevant quarter. However, on this occasion the release will be delayed by a further 21 days because of the introduction of the Nace Rev. 2 classification of economic activity. The implementation of the new classification proved quite demanding as it is significantly different from its predecessor (Nace Rev. 1.1). The decision to reclassify the national accounts back to 1995 in both current and constant prices also added to the delay.