On 10 October 2019 we notified our users that an error had been discovered in the calculation of chained volume measure (CVM) estimates published as part of the business investment by industry and asset publication. During the quality assurance process we discovered some instances of current price (CP) seasonally adjusted data (SA) were affected.
We have now resolved this issue and have published the corrected data. Top level estimates of business investment, GFCF and GDP remain unaffected.
We apologise for any inconvenience caused.
A list of affected CDID’s is available on request.
05 July 2018
On 10 July we are introducing significant improvements to the way we publish GDP, moving to a monthly and rolling quarterly publication model. As part of this new model we are making some changes to the way we publish business investment. From 10 August 2018, we will publish our high level breakdown of Gross fixed capital formation (GFCF) by sector and asset, which includes headline business investment data. However, while headline GFCF and business investment estimates will be highlighted within the quarterly GDP statistical bulletin, we will no longer produce a separate Business investment statistical bulletin. The Business investment by industry and asset breakdown will also no longer be published alongside the First quarterly estimate of GDP.
There will be no change to the business investment publications or data published alongside the quarterly national accounts. This means that we will continue to publish a dedicated business investment bulletin, GFCF by sector and asset data tables and also the business investment by industry and asset breakdown.
06 October 2019
On 30 September 2019 we were not able to release the Business investment by industry and asset breakdown dataset as planned alongside the Business investment release as we needed to complete some additional quality assurance. This has now been completed and so we are able to publish the Business investment by industry and asset dataset consistent with the Business Investment release of 30 September 2019. We apologise for any inconvenience this delay might have caused.
10 October 2019
An error has been discovered in the calculation of chained volume measure (CVM) estimates published as part of the business investment by industry and asset publication. We are working to resolve the issue. Current price estimates published as part of the business investment by industry and asset and current price and CVM estimates of total business investment are unaffected. GDP is not affected by this. A list of the affected series is available on request. We apologise for any inconvenience caused.