This section details the improvements currently being made to index of production (IoP), index of services (IoS) and the output approach to gross domestic product GDP(O) as part of the programme of work laid out in the articles below.
Exploitation of HMRC VAT data
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This article is the next update on the work to exploit data collected by Her Majesty’s Revenue and Customs (HMRC) from Value Added Tax (VAT) returns as an administrative data source for short-term output Indicators (STOI) and National Accounts.
Improvements to the output approach to measure UK GDP, 2015
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This article provides an update of the work for Blue Book 2015 (BB15), the progress on current industry reviews, announces the removal of experimental statistics status in the Index of Services and outlines wider work being undertaken by the GDP(O) Improvement Project.
Feasibility study into the use of HMRC turnover data within Short-term Output Indicators and National Accounts
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This article examines the project researching the benefits of incorporating HM Revenue & Customs (HMRC) turnover data into Short-term economic output indicators and National Accounts.
GDP(O) improvement report, September 2014
This article provides a detailed update of the work for Blue Book 2014 (BB14) and outlines the work being undertaken for the GDP(O) improvement project.
Industry reviews Blue Book 14 implementation
This article covers the changes owing to industry reviews, the expansion of the monthly business survey (MBS) and improvements to public sector output that will be introduced when revised figures for the UK national accounts, consistent with blue book 14, are published in September 2014.
GDP(O) improvement report, June 2013
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Provides a detailed update of the work so far and outlines the greater scope of the project as part of the GDP continuous improvement programme.
IoS – industry reviews, August 2012
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Provides greater detail on how the process will proceed, including the industries chosen for review and the status of experimental industries within IoS.
IoS – industry reviews, March 2012
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Signals the intention to relaunch the industry review process and consult with users on how we should proceed.
The industry review programme plays a significant part in the GDP(O) improvement project; further details on the industry review process including reports can be found on the industry reviews page.