News headlines this month proclaimed the UK has ‘narrowly avoided recession’. In ‘Recessions, GDP and Beyond’, the latest episode of our ‘Statistically Speaking’ podcast, we decode the ‘r’ word and explain why this sometimes misleading term is one the ONS is often cautious to avoid.Read more on The ‘R’ Word: What exactly is a ‘recession’ anyway?
Statistics for local levels of geography are essential to understand the issues affecting communities as well as helping all levels of government measure the progress of their policies. Emma Hickman explains how the ONS is rising to meet the challenge of delivering these detailed data.Read more on Going local – delivering data for our communities
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.Read more on Inflation: How it’s reported and its impact on prices
The coronavirus (COVID-19) pandemic has had a huge impact on our daily lives, from how we live as a society to the running of businesses and workplaces. Here Tim Vizard and Emily Hopson look at how two surveys we introduced at the very beginning of the pandemic have been helping to inform our understanding of its consequences – and the changes we are making now as we learn to live with Covid.Read more on Times they are a-changing: and with them, two key ONS surveys
Statistics on the number of business creations and closures are important indicators of the health of the economy. However, the different measures of creation and closure can paint a complex picture. Josh Martin describes some new ways we’re measuring this important metric to support understanding of the longer-run impact of the COVID-19 pandemic on the economy.Read more on Understanding the full business impact of the coronavirus pandemic