Office for National Statistics

Producing the best estimates of changing household wealth  

Categories: Data, Economy, Office for National Statistics, ONS, Surveys
Image of house with money piles in it

Wealth in Great Britain is one of the ONS’s key economic publications, biennially reporting on the level of wealth and how it is held, including the value of homes, how much is owed in debt and the value of pensions. It is derived from results from the Wealth and Assets Survey. Recently the ONS has updated how it estimates the value of pension wealth. Becca Briggs explains how and why the numbers have been updated.  

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Supermarket Sweep: Measuring inflation with billion of bleeps

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

The latest episode of the Statistically Speaking podcast reveals how the ONS is now measuring UK consumer price inflation with data gathered from supermarket checkouts. Our guests explain why it’s a step change in the production of this vital economic indicator that broadens our understanding of the real cost of the living.

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How the ONS is streamlining its approach to national well-being

Categories: Office for National Statistics, ONS, Wellbeing
A group of people looking happy, they have their arms around each other and are in a park type setting with sunlight behind them

This month UN secretary general António Guterres called on the international community to “go beyond gross domestic product as a measure of human progress and wellbeing.” In fact for some years now, the ONS has been going far beyond traditional measures of the economy – including GDP – by introducing statistics which seek to measure national well-being. Today we are introducing a new, streamlined framework for reporting these metrics. Here Richard Heys sets out this new approach. 

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