The UK’s Office for National Statistics (ONS) has announced plans to work with Adobe Systems to help develop the methodology of Adobe’s Digital Price Index (DPI). The DPI, which has previously been published in the USA and launched in the UK today, measures the changing prices and volumes of items sold on websites.
ONS will work with Adobe as part of ONS’s wider strategy which includes working with other innovators to develop data collection techniques. This strategy has also included ONS recently publishing price indices using “web scraped” data, as well as plans to include administrative data sources, such as VAT, in its main economic indicators.
Commenting, ONS Director-General of Economic Statistics Jonathan Athow said:
“New data sources such as those being used by Adobe provide innovative ways to understand our increasingly digital economy in real time. Many of these opportunities will be realised by bringing together independent, official statisticians and others in the UK and across the world who are using these new data sources and techniques.”
Background notes
- The data being published today by Adobe has had no input from ONS.
- More information about the Adobe DPI is available on their website.
- ONS’s most recent article on “web scraping” is available on their website.
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