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This article gives the indicative impact of changes to the main Income and Capital and Financial Accounts (Sector and Financial Accounts) estimates, being introduced when revised figures for the UK National Accounts, consistent with Blue Book 2016 and Pink Book 2016, are published on 30 June 2016. This article covers the period from 1997 to 2011.
Experimental Statistics on the impact of removing "imputed" transactions from real household disposable income and the saving ratio to better represent the economic experience of UK households.
The net rate of return on capital employed for UK private non-financial corporations related to their UK operations.
Economic commentary on the latest GDP estimate and other ONS economic releases.
Detailed estimates of the quarterly sector accounts that can be found in the UK Economic Accounts (UKEA).
The ONS assesses bodies and transactions against international rules to decide how they should be treated in the National Accounts. A small team gather and analyse the information required to enable the Economic Statistics Classifications Committee (ESCC) to reach a decision on the appropriate accounting treatment. There is high demand for assessments as well as a considerable volume of ad-hoc requests for advice on policy proposals and other issues. Meanwhile, the team are continuing improvements to products such as the classifications information on the ONS website and the Public Sector Classifications Guide. This update lists the cases that ONS expects to assess between Quarter 2 (April-June) 2016 and Quarter 1 (January-March 2017). These cases have been prioritised on the basis of the impact they will have on key statistics (an impact of at least £1bn on the government deficit or £10bn on government debt), their importance to public policy, and their priority for Eurostat (the statistical body of the European Union, which oversees member states' compliance with the European System of Accounts and other rules under which the UK statistics are produced). However, this list does not include other cases with smaller impacts which may be assessed in this period.
Explains the improvements to data sources and methods in the calculation of owner occupied imputed rental. These will be introduced when revised figures for the UK National Accounts, consistent with Blue Book 2016, are published on 30 June 2016.
Current price changes along with other improvements which impact only on real GDP. Also presents a first look at the quarterly path of GDP in Blue Book 2016 for 1997 to 2011.