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Review of Price Index Numbers for Current Cost Accounting (MM17) Report

Opening date: 24 October 2011
Closing date: 29 December 2011
Department: Office for National Statistics
Category: Commerce, Energy and Industry

The Office for National Statistics (ONS) conducts regular reviews of all of its publications.

Previous reviews of the PPI publications have suggested that the frequency of the MM17 could be reduced without any significant impact on users.

The primary users of indices in tables 1 and 2 were in fact National Accountants, who used these data as deflators for the Capex and Stocks series in the National Accounts.

Following the reclassification to the Standard Industrial Classification 07, National Accounts are using alternative sources to deflate the accounts.

Indices in tables 3 and 4, which are still used for asset valuations, are also published in our MM22 publication.

Based on the previous user feedback, and the change in requirements for the National Accounts, ONS will suspend the MM17 publication following the November 2011 publication, due to be released on 29 December 2011.

Contact Details:

Liam Murray, ONS, Prices, Producer Prices Index Operations, ppi@ons.gov.uk

 

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