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Data Note: U.K - GDP - Observed attribute
Friday, 26 Jan 2018 17:42 ET
By Skylar Bowman
Summary
January 2018 -- We have corrected the observed attribute of the ONS series for quarterly gross domestic product from AVERAGED to SUMMED (one quarterly series impacted).
Detail

Moody's Analytics obtains annual and quarterly national accounts data for the U.K. from the ONS; the annual data are the sum over four quarters. For consistency across frequencies we have changed "observed attribute" on the quarterly series to SUMMED. This does not change the values of the series (when viewed at its native frequency), but may affect the output of frequency conversions. 

The series reside in the historical catalog (United Kingdom » National Accounts » Additional Detail » ONS - Detailed - National Accounts » Quarterly | Annual) and are:

  • ONSNAABMIA.IGBR  = Gross domestic product, (Mil. Ch. 2015 GBP) - Annual
  • ONSNAABMIQ.IGBR  = Gross domestic product, (Mil. Ch. 2015 GBP, SA) - Quarterly
  • NACEGDPMPAQ.IGBR = Alias
  • GDP$.IGBR        = Alias

Please be aware that:

  • To perform a frequency conversion with default settings, use the "frequency" control in View, Basket and Chart modes.
  • To override the default settings, write a custom formula using the CONVERT function (see related article). You can, for example, compute a lower frequency that is the final observation, the average over the period, or the sum.
  • The "observed attribute" of every series (see related article) is listed in Mnemonic 411.
Other
Related ReleaseQuarterly National Accounts (QNA)
SourceU.K. Office for National Statistics (ONS)
FrequencyQuarterly
GeographyUnited Kingdom
Upcoming
Release DateReference date
10 May 20241Q 2024