Data

Inflation: How it’s reported and its impact on prices

Categories: Business, Data, Economy, Office for National Statistics, ONS
A shopping basket surrounded by stacks of coins

Inflation is big news at the moment given the economic impact of the COVID-19 pandemic, the Ukraine conflict and the subsequent rise in the cost of living. When inflation is high, we all feel the impact as this reduces the amount of goods and services we can afford to purchase. As our latest numbers show a fall in the inflation rate, Chris Jenkins explains why it is important to understand this doesn’t necessarily mean a fall in prices. 

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What is GDP and how do we measure it?

Craig McLaren
Categories: Data, Economy, Office for National Statistics, ONS
Car Factory Engineer in High Visibility Vest Using Laptop Computer in an Automotive Industrial Manufacturing Facility

Gross Domestic Product, more commonly known as GDP, remains the world’s most closely-watched economic indicator. Its growth – or lack of it – is used to measure economic progress. A positive GDP reading suggests an economy is growing, a negative one that it’s slowing down. But there is much more to GDP that just one number. In this post Craig McLaren is our guide to how GDP is calculated and how it’s best understood.  

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What have we learned about the experience of disabled people?

Categories: Data, Health, ONS, Population, Public Policy, Wellbeing
Two adults are helping a child work on a laptop

Tomorrow (3 December) is the UN International Day for Persons with Disabilities.  With the most recent estimates from the Department for Work and Pensions (DWP) putting the proportion of disabled people in the UK at 22% in 2021 (up from 19% a decade ago), this is a sizeable and very diverse group. Here, Helen Colvin and Josephine Foubert from the Office for National Statistics (ONS) look at some of the work we have been doing recently to give insight into the lives of disabled children and adults.

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A Wealth of data: transforming ONS statistics on income, spending and wealth

Categories: Data, Economy, ONS, Public Policy, Wellbeing
Image of a piggy bank with a coin about to drop in

The ONS produces a range of statistics showing the income, spending and wealth of British households, together forming an important part of the overall picture of the economy. These statistics are a vital source of information for understanding people’s financial wellbeing including the effects from the rising cost of living. Adrian Chesson talks about the consultation launched today on our plans to transform these key statistics.  

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