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National Accounts methodology: The Guardian, 9 April

Sir,

Your editorial (Faith in the Figures, 9 April) speculates on whether the changes to the National Accounts methodology to be applied this autumn amount to coincidence or conspiracy. They are neither. The changes are the result of new international standards which have been discussed and agreed by experts, over many years. In the case of European Union countries such as the UK, both the substance and timing of the changes are specified in European law. The Office for National Statistics has no discretion to vary either.

Joe Grice,
Chief Economic Advisor
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