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Seasonal adjustment

image of Seasonal adjustment

After the preparation of data presented in Chapter 2, this chapter presents the different steps in the seasonal adjustment using the QGDP as an example. First, a national calendar is defined followed by the explanation how to use the calendar in JDemetra+. Using national calendars improves the estimate of the calendar effects. Some special days are already available in JDemetra+, but others need to be manually created. After that, single processing is explained, i.e. how to seasonally adjust a single time series. In the last section of the chapter, multi-processing is introduced, consisting of instructions for performing seasonal adjustment of several time series simultaneously.

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