The value of all goods and services that were produced or provided domestically in an economy within one year (unless another period is expressly mentioned) is assessed at market prices. It can be broken down according to the origin, use and distribution side; included by the ECB in its monetary policy decisions in many ways within the framework of the two-pillar principle.
See Deflation, investment rate, recession, national income, growth. In the respective monthly report of the ECB, in the appendix “Euro Area Statistics” in the heading “Prices, production, demand and labour markets”, information on the expenditure side of the gross domestic product is shown in various subdivisions.
See also Monthly report of the ECB of April 2005, p. 74 (because of comparability with other countries), Monthly report of the ECB of December 2005, p. 59 et seq. (improvement of statistics; calculation methods), Monthly report of the ECB of June 2006, p. 66 et seq. (reliability of estimates; with overviews), Monthly report of the ECB of October 2006, p. 55 (projection of the rate of change until 2050 due to various variables), Annual Report 2006 of the Deutsche Bundesbank, p. 45 (overviews 2000-2006), Monthly report of the ECB of November 200z, p. 83 et seq. (new introduction of quarterly sector accounts; detailed presentation with overviews).