08 November 2021
Due to a processing error some time series data in household consumption final expenditure were not updated with the latest data. In the 30 September 2021 release of household final consumption expenditure an error has been identified in the calculation of annual household expenditure chain volume measures for selected periods between 1985 and 1996. Quarterly figures are unaffected. Current price data are not impacted by this error.
This error has now been rectified.
We apologise for any inconvenience caused.
19 October 2021
In the 30 September 2021 release of government final consumption expenditure an error has been identified in the calculation of quarterly general government chain volume measures for selected periods between Quarter 1 (Jan to Mar) 1997 and Quarter 4 (Oct to Dec) 2019. Annual figures are unaffected. Current price data are not impacted by this error and GDP quarterly growth rates are also unaffected. Corrected growth rates for quarterly general government data from 1997 can be found in the associated file. The balancing adjustments that are applied to the inventories data, as is usual during the GDP balancing process, have been reworked to offset this error. Underlying inventories data, excluding balancing adjustments, are unchanged. Affected data will be corrected as soon as National Accounts revision policy allows. The associated dataset provides an indication of these corrected numbers.
23 November 2021
We have identified an error within our production of GFCF and Business Investment transport estimates in Quarter 2 (Apr to June) 2021 and Quarter 3 (July to Sept) 2021. There will be no impact on GDP.
This is because we balance our GDP estimates using an alignment of the different approaches to measuring GDP, so the impact from this error would be offset during our balancing process. This is because the new data increases the level of expenditure and we were previously adjusting up this approach to GDP to align to the other GDP measures. As part of our production process GDP estimates will be updated in-line with the National Accounts revision policy in the next release on 22 December 2021.