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Data Revision: U.K. - IPI - Re-referenced to 2016
Tuesday, 10 Jul 2018 11:52 ET
By Victoria Donu
Summary
July 2018 -- For the ONS "UK index of production (IoP)" detailed dataset, the source has re-referenced the chained volume measures from 2015 to 2016 (1,574 monthly, quarterly and annual series impacted from 1997). This is a routine annual process.
Detail

On 10 July, in the May edition, the source explained (citation):

The Blue Book 2018 revisions, which began in January 1997, have affected the Index of production (IoP) and its components.
[...]
The published indices being re-referenced from 2015 equals 100 to 2016 equals 100

In response, we have revised existing series and updated their unit-descriptor metadata. Properties are otherwise unchanged.

The series reside in the historical catalog (United Kingdom » Industry » Industrial production » Detailed ONS Indicators) and include, for example:

  • ONSK23JM.IGBR = Industrial Production: Manufacture of other basic metals and casting [24.4-5], (Ch. Vol. Index 2016=100, SA)
  • ONSK26CQ.IGBR = Manufacture of basic metals [24], (Ch. Vol. Index 2016=100, NSA)
  • ONSK279A.IGBR = Sewerage [37], (Ch. Vol. Index 2016=100)

Because catalog locations are subject to change, the upper-right search box on DataBuffet.com provides a "find in catalog" mode that accepts a mnemonic.

See also

Other
Related ReleaseDetailed Index of Production
SourceU.K. Office for National Statistics (ONS)
FrequencyMonthly
GeographyUnited Kingdom
Catalog
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