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Release: Quarterly National Accounts, Q1 2012

Released: 28 June 2012 Next edition: 25 July 2012

Contact

Pete Lee

National Accounts Coordination

gdp@ons.gsi.gov.uk

Telephone: +44 (0)1633 456713

Categories: Economy, National Accounts, National Income, Expenditure and Output, GDP by Category of Expenditure, GDP by Category of Income, GVA by Category of Output, Main Aggregates of National Accounts

Frequency of release: Quarterly

Language: English

Geographical coverage: UK

Geographical breakdown: UK and GB

Correction

23 November 2012

As part of the Gross Fixed Capital Formation post production quality assurance process, errors have been identified in the Gross Fixed Capital Formation series. The following publications and associated time series have now been corrected:

 

  • Quarterly National Accounts - 2012 Quarter 1 and Quarter 2

  • United Kingdom Economic Accounts - 2012 Quarter 1 and Quarter 2

  • Business Investment - 2012 Quarter 1 and Quarter 2

 

Chapter 9 of the 2012 edition of the Blue Book is currently inconsistent with these publications. Further quality assurance work is ongoing and a correction to the relevant Blue Book tables will be published as soon as possible.

For the Quarterly National Accounts, Q1 2012, originally published on 28 June 2012, the affected series and growth rates are in Table F.

Table F

The error affects quarterly data and annual data in 2004 and relates to the asset and sector breakdowns of gross fixed capital formation and their associated growth rates.

The affected series are:

  • NPEL, DLWF, KLQ9, KLQ5, DLWL, DLWO, DFEG, DLWT, EQDO, NPEN, EQDN, KLQ8, KLQ4, DLWJ, DLWM, DFDV, DLWQ and EQDT.

The error also affects annual data for series KLQ4 from 1997 to 2010.

ONS apologises for any inconvenience caused.

For further information contact: gcf@ons.gsi.gov.uk

31 July 2012

An error has been discovered in Table F of Quarterly National Accounts, Q1 2012, originally published on 28 June 2012.

Table F

The error affects quarterly data between 1997 and 2011 for the asset and sector breakdowns of gross fixed capital formation and their associated growth rates.

The affected series are:

  • DLWF, KH92, KH9C, KH9M, KLQ9, KLQ5, DLWL, KH95, KH9F, KH9P, DLWO, KH96, KH9G, KH9Q, DFEG, KH8Y, KH9A, KH9K, DLWT, KH97, KH9H, KH9R, EQDO, KH98, KH9I, KH9S

No other series are affected and this error has now been corrected.

ONS apologises for any inconvenience caused.

For further information contact: gdp@ons.gsi.gov.uk
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30 July 2012

An error has been discovered in the asset and sector breakdowns of Table F of Quarterly National Accounts, Q1 2012, originally published on 28 June 2012. This error will be corrected on Tuesday 31 July 2012, following the publication of the UK National Accounts - The Blue Book 2012. This correction does not affect total Gross Fixed Capital Formation.

ONS apologises for any inconvenience caused.

Contains detailed breakdowns of the components of GDP as well as key sector accounts aggregates.

These National Statistics are produced to high professional standards and released according to the arrangements approved by the UK Statistics Authority.

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