Sure! Here’s the translation into American English:
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Eurostat has taken a significant step in improving economic transparency by publishing, for the first time, detailed tables of supply, use, and input-output matrices covering a total of 88 products and industries. This new initiative is designed to provide users with a more comprehensive analysis of the economic structure of the various countries that make up the European Union.
The tables allow for a more detailed examination of several essential sectors, including mining, construction, and various service activities. With this information, researchers, policymakers, and economic modelers will have the opportunity to conduct more accurate assessments of production structure. This includes a better understanding of consumption patterns, trade flows, as well as issues related to subsidies and tax rates.
Additionally, these new tables have been created to enhance the analytical base of other existing Eurostat products, such as the cross-country supply, use, and input-output tables. They are also expected to provide more reliable indicators derived from global value chains and environmental consumption footprints, enriching the dataset available for analysts and decision-makers.
The creation of these tables has been made possible by the voluntary transmission of data from EU countries. To date, eight nations have submitted more disaggregated datasets and indicated that such information is ready for publication. Eurostat plans to expand these datasets as new contributions from other countries continue to arrive.
It is important to note that, while the published data represents a significant advance, they may still be considered partial. The statistics may be limited in terms of time series, number of countries, products, or industries. Nonetheless, the launch of these tables marks an important progress toward meeting the growing demand for high-precision macroeconomic statistics.
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