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Data Revision: U.K. - National accounts - Re-referenced to 2015
Thursday, 05 Oct 2017 04:19 ET
By Victoria Donu
Summary
October 2017 -- For the national accounts, the source has re-referenced the chained volume measures from 2013 to 2015, among other revisions (1,006 monthly, quarterly and annual series impacted from 1955). This is a routine annual process.
Detail

On September 29, the source wrote (citation):

Reference and base year
This is the first release in which the reference year and last base year have been moved from 2013 to 2015. [...]

Revisions
In line with National Accounts Revisions Policy the entire time series within this release has been subject to revision. [...]

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

The data reside in the historical catalog (United Kingdom » National Accounts » Additional Detail » ONS - Detailed - National Accounts » Quarterly | Annual) and include, for example:

  • ONSNAABMIQ.IGBR = Gross domestic product, (Mil. Ch. 2015 GBP, SA)
  • ONSNAKGA3Q.IGBR = Expenditure - Food and drink, (% Ch. 2015 Q/Q, NSA)
  • ONSNAKH5CA.IGBR = Gross trading profits - Private non-financial corporations, (% Y/Y)
Other
Related ReleaseQuarterly National Accounts (QNA)
SourceU.K. Office for National Statistics (ONS)
FrequencyQuarterly
GeographyUnited Kingdom
Upcoming
Release DateReference date
10 May 20241Q 2024