Methodology related to economy

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  • Sources and Methods: Public service productivity estimates: Education

    Productivity in publicly funded education. Summary of data sources and methodology used to measure education inputs, output and quality-adjusted output. Changes of data sources and methods as well as strengths and limitations of the approach.

  • Developing an Index of Household Payments, summary of responses: Dec 2016

    A representation of the comments received in response to our paper "Developing an Index of Household Payments" and the main points that have been raised. Our next steps regarding future development of this work are also provided.

  • Improvements in the production of UK Purchasing Power Parities data: December 2016

    This article explains the improvements to UK data sources and methods used in the calculation of Purchasing Power Parities (PPP).

  • Owner occupiers’ housing costs in CPIH: quality assurance of administrative data, Dec 2016

    CPIH is a version of CPI that includes the cost of owning, maintaining and living in one's home, this element is known as the owner occupied housing cost (OOH). This paper aims to inform users of the quality of administrative data used in OOH, due to its high impact on CPIH.

  • Methodological improvements to foreign direct investment statistics: Dec 2016

    The methodological improvements implemented in the Foreign Direct Investment Involving UK Companies: 2015 bulletin. These improvements include progress made towards recommendations published in the FDI National Statistics Quality Review and revised historical estimates to comply with international standards outlined in the Balance of Payments manual 6.

  • 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.