Statistics Explained

Glossary:Third release

(Redirected from Glossary:Final estimate)

The third release (or final estimate) is the third official real-time release of an economic variable of interest for the most recent reference period. It concerns the release of generally hard data produced using the same methodology of aggregation and construction as for regular estimates.

This release updates information published in the second estimate by using in most cases a full coverage of the sub-aggregates. It includes detailed output. The role of hard data is compulsory. In most case this third release can also be called the 'fi…nal estimate' which doesn’'t mean that the figure will not further be revised when more accurate information is made available.

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