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Release: United Kingdom Economic Accounts, Q2 2012

Released: 27 September 2012 Next edition: 21 December 2012

Contact

Michael Rizzo

National Accounts

gdp@ons.gsi.gov.uk

Telephone: +44 (0)1633 456366

Categories: Economy, National Accounts, National Income, Expenditure and Output, UK Sector Accounts

Frequency of release: Quarterly

Language: English

Geographical coverage: UK

Geographical breakdown: UK and GB

Correction

Notification of Data 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 and Table 8.4 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 United Kindom Economic Accounts: Q2 2012 published on 27 September 2012, the affected series and associated growth rates are in Table A8.

Table A8 - the time periods and series affected are:

  • Annual 1997 to 2010 - GGAE, KLQ4,

  • Quarterly 1997 to 2010 - GGAE.

  • Annually and quarterly 2004: KLQ6, KLQ2, DFDK, EQEC, KLQ7, KLQ3, TLPX, TLPW, EQED, TLPK, NPEN, EQDN, KLQ8, KLQ4, DLWJ, DLWM, DFDV, DLWQ, EQDT, NPEL, DLWF, KLQ9, KLQ5, DLWL, DLWO, DFEG, DLWT, EQDO, KO28, KO2B, KH7X, KH7W, KG6V, KO29, KO2C, KG73, KG72, KH83, KH82, KG6Z, KG75, KO2A, KO2D, KG7B, KG7A, KH87, KH86, KG79, KG7M, KH92, KO2E, KO2H, KH95, KH96, KH8Y, KH97, KH98, KG7P, KH9C, KO2F, KO2I, KH9F, KH9G, KH9A, KH9H, KH9I, KG7S, KH9M, KO2G, KO2J, KH9P, KH9Q, KH9K, KH9R, KH9S.

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

No other series are affected and these errors have now been corrected.

ONS apologise for any inconvenience.

Provides detailed estimates of national product, income and expenditure, UK sector accounts and UK balance of payments.

To improve accessibility to ONS data, the United Kingdom Economic Accounts will be presented in Excel reference tables only from the Quarter 3 2012 release published on 21 December 2012. The Quarter 2 2012 release published on 27 September 2012 will be the last version available as a portable document format (PDF).

This change in format will enable data to be presented by sector for a longer time period (annually and quarterly) and move from the condensed time series currently contained in the PDF tables. Versions of these reference tables have been published with the Quarter 2 2012 release for users to familiarise themselves with the format.

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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