Business Price Statistics
Telephone: +44 (0)1633 455811
Frequency of release: Monthly
Geographical coverage: UK
Geographical breakdown: UK and GB
Contains cost indices (purchase of materials and fuels, earnings and National Insurance, general expenses and combined costs) relating to four aerospace and electronics industries. The data are based on the revised Standard Industrial Classification SIC (2007) and are calculated on a base year of 2005=100. The indices are widely used by government and business as an authoritative source of information on inflation, cost adjusting and price variation in trading contracts.
The United Kingdom Statistics Authority has designated these statistics as National Statistics, in accordance with the Statistics and Registration Service Act 2007 and signifying compliance with the Code of Practice for Official Statistics.
Designation can be broadly interpreted to mean that the statistics:
Once statistics have been designated as National Statistics it is a statutory requirement that the Code of Practice shall continue to be observed.