Economy

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

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.  

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Measuring Progress: GDP & Beyond

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.

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

Categories: Coronavirus, Economy, migration, Population, Public Policy
Picture of Ukraine flag

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.

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How the ONS measures the price rises affecting business

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.

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Measuring rents: stock vs flow

Categories: Data, Economy
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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