12 May 2025
We have discovered an issue with the regional gross domestic product (GDP) deflation method, whereby our use of gross value added (GVA) implied deflators introduces a divergence from UK GDP growth in ‘real’ volume terms, particularly when GDP and GVA do not follow similar paths. This only impacts GDP volume measures, but it will affect all levels of geography in this publication. No GVA estimates, nor GDP in current market prices, are affected by the issue.
We will provide a further update in the next few weeks.
We apologise for any inconvenience caused.
