Notices

30 September 2021

During quality assurance of the ANA21 GFCF dataset, an issue has been identified that affects the chained volume measure of costs of ownership transfer of non-produced assets in the private sector and the public corporation sector. As a result, £175 million has been erroneously removed from public corporations and added to the private sector estimate for costs of ownership transfer of non-produced assets in 2019. Total transfer costs and therefore total GFCF are unaffected by this error.

30 September 2021

Whilst quality assuring the business investment dataset, a discrepancy was found where annual non-seasonally adjusted chained volume measure (CVM) data does not equal annual seasonally adjusted CVM data for the years 1997 to 2019. This issue affects Business Investment in the UK and its component assets. The largest difference in any given year is negative £9 million in business investment and negative £13 million in the sub-components. The correct data series to use for the annual timeline is the non-seasonally adjusted series.

30 September 2021

We have identified four series, NPQS, NPQT, NPQR and NPQX, which have incorrectly shown a value of 0 for periods prior to 2020. These errors arose during the production process of the version published on 30 September 2021 and have now been corrected.

06 October 2021

We have identified a number of series which were not updated with the latest data for the period 1948 to 1996 within the CXNV time series. These series have now been updated and are consistent with the latest business investment release published on the 30th September 2021.

A list of affected CDIDs is available on request.

We apologise for any inconvenience caused.

  • This is an accredited National Statistic. Click for information about types of official statistics.
    Contact:
  • Release date:
    30 September 2021
  • Next release:
    11 November 2021
  • Dataset ID:
    CXNV

About this Dataset

Detailed breakdown of business investment by industry and asset, in current prices, chained volume measures, non-seasonally adjusted and seasonally adjusted.

Edition in this dataset

Previous versions of this data are available.

Important notes and usage information

There are differences between the business investment chained volume measure seasonally adjusted estimates in this dataset and the official estimates published in the Business investment release. These differences are because of the different seasonal adjustment approaches. In this dataset, industry-level series are seasonally adjusted and aggregated. In the Business investment release, the asset-level series are seasonally adjusted and aggregated. This can give different results for the aggregated series. The estimates in the Business investment release should be considered the official statistics.

Please note that not all series will sum to totals because of rounding. These differences are well within the uncertainty of the estimates.

Contact details for this dataset

Alison McCrae
gcf@ons.gov.uk
+44 1633 455250

Publications that use this data