Dataset(s): UK Economic Accounts: institutional sector - households and non-profit institutions serving households

Because of processing issues, the calculation of the statistical discrepancy of net lending (+) and net borrowing (-) between financial and capital accounts was not calculated correctly for the time period 1987 to 1997 in the Quarter 2 (Apr to June) 2023 release. This has now been rectified and the tables and data are now available. The series affected are as follows. - NYVK: United Kingdom (S1) - NYOY: Financial corporations except monetary financial institutions and insurance corporations and pension funds (S124 to S127) - NYPB: Insurance corporations and pension funds (S128 & S129) - NYOX: Financial corporations (S12) - NZDW: Central government (S1311) - NYOZ: General government (S13) - NYPA: Households (S14) - NYPH: Non-profit institutions serving households (S15) - NZDV: Households and Non-profit institutions serving households (S14 and S15) All series are £million. current price, not seasonally adjusted We apologise for any inconvenience caused.

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.

An error has been identified regarding the calculation of the Real disposable income implied deflator for both the households sector and households and non-profit institutions serving households combined sectors published with the Quarterly Sector Accounts statistical bulletin (Table HH2 and HH Alt) and UK Economic Accounts (Tables 6.1.4, 6.2.4 and 6.2.14) 2019 Quarter three releases. The error only affects 2016 quarterly data and corresponding growth rates and is annually neutral. This error has no impact upon any other series to those cited below. CRXB – Real households and non-profit institutions serving households (S.14 + S.15) expenditure implied deflator: Index (Reference year 2016): Not seasonally adjusted YBFS – Real households and non-profit institutions serving households (S.14 + S.15) expenditure implied deflator: Index (Reference year 2016): Seasonally adjusted CRXA – Real households (S.14) expenditure implied deflator: Index (Reference year 2016): Not seasonally adjusted DG2Q – Real households (S.14) expenditure implied deflator: Index (Reference year 2016): Seasonally adjusted CSC8 - Real households (S.14) expenditure implied deflator: Y/Y-1 growth percent: Seasonally adjusted CSEZ - Real households (S.14) expenditure implied deflator: Q/Q-1 growth percent: Seasonally adjusted CSGE - Real households (S.14) expenditure implied deflator: Q/Q-4 percent: Seasonally adjusted CSK9 – Cash Basis Real Households (S.14) Expenditure implied deflator: Index (ref year = 2016): Seasonally adjusted CSJ6 - CASH BASIS Real Households (S.14) disposable income: £Million: Seasonally adjusted CSJ7 – CASH BASIS Real Households (S.14) disposable income: growth t/t-1 percent: Seasonally adjusted CSK4 – CASH BASIS Real Households (S.14) disposable income: growth t/t-4 percent: Seasonally adjusted CSK2 – CASH BASIS Real households (S.14) disposable income: Per head £: SA Seasonally adjusted CSK3 – CASH BASIS Real households (S.14) disposable income: Per head growth t/t-1 percent: Seasonally adjusted CT3K – CASH BASIS Real households (S.14) disposable income: Per head growth t/t-1 percent: Seasonally adjusted

The UK Economic Accounts release for Quarter 2 (Apr-Jun) 2018 contained pensions estimates that were affected by a misallocation of certain data from the private sector to the public sector in 2017 (and, very slightly, in Quarter 1 (Jan-Mar) 2018). This was due to an operational issue that has now been resolved. The series directly impacted were ‘Other social insurance benefits’ for households and financial corporations, with the largest impact of £800m in Quarter 3 (Jul-Sep) 2017, or approximately 2-4% of the actual size of the series directly affected. There are small indirect impacts on households’ disposable income, households’ pension entitlements and the alternative measure of the savings ratio, but no impacts on the overall households’ savings ratio or households’ net borrowing. The estimates will be corrected in the next publication of UK Economic Accounts on 21 December 2018. We apologise for any inconvenience caused. ONS identified a processing error that caused Households Individual consumption expenditure (ABJQ) to be incorrect in the quarterly, current price, seasonally adjusted data for 1985 Q1 to 1986 Q4 published in tables 1.1.2, 6.2.6 and 6.2.12. This also affected Household Final Consumption Expenditure per head (CRXO) in table 1.1.5. The update has resulted in a small error to households’ gross saving of -0.01% which will be corrected in Blue Book 2019. A related issue was identified in table 6.2.12 for Household final consumption expenditure by purpose and goods and services for 1985 Q1 to 1996 Q4. The affected series were all current price, seasonally adjusted, quarterly data. We have corrected these errors. The affected growth rates have also been corrected. You can see all previous versions of this data on the previous versions page. We apologise for any inconvenience.

An error has been identified in the estimate of flows of long-term debt securities issued by central government for both Household assets and financial corporations except MFI and ICPF assets. Data from 2012 Q1 to 2014 Q2 are affected, impacting series: - NCMD and NBMX within table 5.2.10. Higher level aggregates listed below within the financial account of each impacted sector are also affected. Users are advised that there is no impact on other accounts and no impact on GDP or the Balance of Payments. - NFKA, NFJL, NFIY, NYNM and NYOY within table 4.3.8 - NFDS, NFDD, NFCQ, NYNL and NYOX within table 4.1.8 - NFWQ, NFWB, NFVO, NZDY and NZDV within table 6.1.8 - NFJL and NFWB also appear within table 14.3.3 This error has now been corrected. We apologise for any inconvenience caused.