Dataset:UK Economic Accounts: total economy

Corrections

22 October 2018

The UK Economic Accounts release for Quarter 2 (Apr-Jun) 2018 contained pensions estimates that were affected by a misallocation of certain data from the private sector to the public sector in 2017 (and, very slightly, in Quarter 1 (Jan-Mar) 2018). This was due to an operational issue that has now been resolved. The series directly impacted were ‘Other social insurance benefits’ for households and financial corporations, with the largest impact of £800m in Quarter 3 (Jul-Sep) 2017, or approximately 2-4% of the actual size of the series directly affected. There are small indirect impacts on households’ disposable income, households’ pension entitlements and the alternative measure of the savings ratio, but no impacts on the overall households’ savings ratio or households’ net borrowing. The estimates will be corrected in the next publication of UK Economic Accounts on 21 December 2018. We apologise for any inconvenience caused.

Notices

5 July 2018

We have now completed the quality assurance of historic data for selected time series. These data have now been published within the United Kingdom Economic Accounts dataset for the time periods as indicated.

For a full list of series affected, please see the Important notes and usage information section of the UK Economic Accounts time series.