Economy

How the ONS measures the price rises affecting business

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.

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Measuring rents: stock vs flow

Image of a wooden model of a house with a "for Rent" ticket attached to it.

Rental prices are a key element of the housing market, and we have seen these picking up since the impact of the pandemic. Our previous blog explained the importance of the private rental sector (PRS) and how we are working to make better use of detailed rental data to develop a clearer picture of what is happening within the rental market. Here, Chris Jenkins explains some of the differences between how rental data are measured.  

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Times they are a-changing: and with them, two key ONS surveys

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.

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The over-50s and the world of work: what’s happening and why?

The coronavirus (COVID-19) pandemic has had huge impacts on all aspects of life in the UK, including the world of work. Initially younger workers were the hardest hit, but as restrictions eased, a new picture has emerged – the apparent disengagement of many older workers. Hugh Stickland looks at the work the Office for National Statistics has been doing to help understand some of the factors underlying this.

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Understanding the latest changes to UK trade figures with the EU

The official trade figures for January 2022 show that the UK imported £24.1 billion of goods from the European Union and exported £11.6 billion in return. However, in understanding those figures, it’s important that users are aware of some changes to the way HM Revenue and Customs collect trade data. One effect of the developments in today’s release is significantly to reduce the January figure for UK exports to the EU. Matt Hughes explains the changes.

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