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Data Revision: U.K. - Index of Services - Re-referenced to 2016
Wednesday, 04 Jul 2018 04:12 ET
By Victoria Donu
Summary
June 2018 -- For the ONS "Index of Services" ("IoS") detailed dataset, the source has re-referenced the chained volume measures (indexes and percent changes) from 2015 to 2016, among other sources of revision (827 monthly and annual series impacted from 1997). This is a routine annual process.
Detail

On 29 June, the source wrote (citation):

In this release of data, the earliest period open to revision is January 1997 as this dataset contains annual updates that will be included in the Blue Book due to be published on 31 July 2018 (the reference year and the last base year for the index have been moved to 2016).

We have revised existing series and updated their unit-descriptor metadata where necessary. Properties are otherwise unchanged (see related article).

The series reside in the historical catalog (United Kingdom » Industry » Index of Services » Monthly | Annual) and include, for example:

  • ONSS2KVM.IGBR = Distribution [G], (Index Ch. Vol. 2016=100, SA)
  • ONSS2C6M.IGBR = Pension funding [65.3], (Ch. Vol. % M/M 3-mo MA, SA)
  • ONSS226A.IGBR = Retail trade except motor vehicles and motorcycles [47], (Ch. Vol. % Y/Y)

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.

Other
Related ReleaseIndex of Services
SourceU.K. Office for National Statistics (ONS)
FrequencyMonthly
GeographyUnited Kingdom
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