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The Consensus forecast for euro-area producer price inflation significantly outperforms the naïve forecast in the short-term. Finally, the Consensus forecast for the USD/EUR exchange rate during the period from 2002 to 2009 is more precise than the naïve forecast and the forecast implied by the forward rate." [12]
Among the AI-powered models mentioned, all provided forecasts that were comparable to or slightly better than those from PDE-physics-based systems for short-term forecasts (3–14 days). Three studies have attempted to conduct simulations at subseasonal or larger scales. Of these, the ClimX system was presented in a conference paper.
While extreme high temperatures are more common inland than they are near the coast, notable extreme maxima have been observed near the coast; 50.7 °C at Onslow, 50.5 °C at Mardie, 49.9 °C at Nullarbor, South Australia, 49.8 °C at Eucla, South Australia and 49.5 °C at Port Augusta, South Australia. [104]
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Bureau of Meteorology; Agency overview; Formed: 1 January 1908; 117 years ago (): Jurisdiction: Government of Australia: Headquarters: Melbourne: Employees: 1,500 [1]: Annual budget: A$420.6 million total, $335.2 million of that coming from the Government, and $85.4 million from sales of goods and rendering of services.