Economy | Page 8 | National Statistical

The Power of Innovation: How the ONS is transforming R&D statistics

Heather Bovill
September 21, 2022

Categories: Data, Economy, Office for National Statistics, ONS

Research and development – invariably known as ‘R&D’ – is closely linked to economic growth. Investment by companies in new products, software, and improved systems plays an important role in increasing both output and productivity. Here Heather Bovill talks about the important work taking place to improve the ONS’s measurement of this vital activity.

Rising to the challenge: How the ONS is developing inflation measures for the nations and regions

Chris Jenkins
September 20, 2022

Categories: Data, Economy, Office for National Statistics, ONS

There is currently a lot of interest in how much prices are rising. Today we’re publishing inflation numbers for Northern Ireland. Here Chris Jenkins looks at our work to develop these figures with the Consumer Council for Northern Ireland as well as explaining why it’s not as easy to produce inflation data for the nations and regions as you might think.

Measuring Progress: GDP & Beyond

Liz McKeown
August 12, 2022

Categories: Data, Economy, Environment, Office for National Statistics, ONS, Public Policy, Wellbeing

The ONS mission to better inform understanding of economic, environmental and social progress more broadly than can be captured purely in Gross Domestic Product (GDP) has taken another step forward. Under the banner ‘Quality of life in the UK’ we have begun publishing fresh estimates of national well-being alongside the latest monthly and quarterly estimates of GDP. Combined with the recently-added Climate Change Insights publication, this quarterly package aims to offer a more holistic view of our economic, environmental and social progress. Liz McKeown unveils the new ‘GDP& Beyond’ day and invites stats users to get involved in its continuing development.

Ukraine crisis: How the ONS has responded to the need for better information

Liz McKeown
July 15, 2022

Categories: Coronavirus, Economy, migration, Population, Public Policy

The Office for National Statistics produces statistics to support better decisions. In this blog Liz McKeown explains how we are collecting data as quickly as possible to assist people who come from Ukraine to help understand the support and services they need.

How the ONS measures the price rises affecting business

Brogan Taylor and Ryan Powell
June 21, 2022

Categories: Data, Economy

Image of graphs and money, indicating financial markets

The after-effects of the Covid pandemic and war in Ukraine have pushed consumer price inflation up to levels not seen in forty years. But it is not only consumers that are facing rising costs, businesses are too and these pressures often impact prices for the rest of us. Here, Brogan Taylor and Ryan Powell explain how we measure business prices, why these data are important and what they show.