Methodology related to economy

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  • Announcement of changes to GDP(O) improvement programme

  • Users and uses of consumer price inflation statistics: October 2016

    This article contains information about the users and uses of consumer price inflation statistics and user experiences of these statistics. In addition, it provides information on the characteristics of the different measures of consumer price inflation in relation to potential use, which may vary depending on the population of interest to the users and the way the indices are compiled. The last section covers the history of the indices. Users can use this information to help inform their own decision making in regards to which index is most suitable for their particular purpose.

  • Assessing the Impact of methodological improvements on the Consumer Prices Index

    This paper sets out the impact of implementing two improvements in the Consumer Prices Index (CPI; the headline measure of inflation in the UK), CPI including owner-occupiers’ housing costs (CPIH), and their supplementary indices. These changes will not be applied to the Retail Prices Index (RPI). They are planned for March 2017. The first change is designed to improve the way that chain-linking is conducted, and is the result of an independent report on the double chain link; the second is the implementation of an additional level of detail (level 5, or ECOICOP) in the Classification Of Individual Consumption by Purpose (COICOP) structure. As the CPI is identical to the Harmonised Index of Consumer Prices (HICP), these improvements will also help us to better meet EU regulations.

  • Chain-linking methods used within the UK National Accounts

  • The use of Gross domestic product (GDP) in public sector fiscal ratio statistics

    Aims to explain the methodology used for the presentation of GDP ratios in the UK PSF publication and in particular for the public sector net debt where a centred approach (requiring forecasts) is used.

  • Professional, scientific and technical activities industry review, 2016, final report

  • Financial and insurance services industry review, 2016, part 1 report

  • Social care industry review, 2016, part 1 report

  • Developing an Index of Household Payments

    We have started to explore the concepts and feasibility of producing an index that measures changes to the cost of payments made by households. This paper aims to set out discussion points for the development of an "Index of Household Payments" and seeks feedback from users regarding their views on the required purpose and scope of the index, and its underlying methodology.

  • VAT update July 2016

    This article updates on the project which is exploring the use of HMRC turnover data within Short-term Output Indicators in National Accounts.