For the first time the ONS has published new data on UK Direct Debits. This new, fast and anonymised data source provides insight on consumer payments to most of the UK’s largest companies. Dragos Cozma describes how the ONS has developed this new data source with our partners at Vocalink and Pay.UK and what it tells us about the UK economy.
Read more on Direct Debits data reveal fresh economic insights
The number of people who give long-term sickness as their main reason for not being able to work has been on the rise. Here Darren Morgan looks in a little more detail at this phenomenon.
Read more on ‘Too Ill to Work’: A deeper look at what the figures show
One of the ONS’s most watched figures is the level of public sector debt. Complied jointly with HM Treasury, this number is often compared with the overall size of the UK economy (GDP) and presented as a “debt to GDP ratio” to give it proper context. As this figure has recently been hovering around the 100% level, it has received more attention than normal. Jessica Barnaby explains why our initial estimates can sometimes get revised.
Read more on How the ONS estimates UK debt to GDP figures
The Office for National Statistics has launched a public consultation on the future of population and migration statistics. This includes seeking views from users about potential alternative definitions and breakdowns of population and migration that we don’t currently provide. One of those we’re already aware of is the need for more context on the drivers of international migration. Jay Lindop explains how we’re using administrative data to shed more light on the reasons people migrate to the UK.
Read more on Why people immigrate to the UK: seizing the opportunities of administrative data
Our consumer inflation statistics are closely watched, not only because they tell us how price rises are affecting people, but also because they are a crucial piece of information, used by the Bank of England when setting Interest rates. Chris Jenkins talks about the complex adjustments we make to ensure the index shows only real, underlying changes in prices.
Read more on Keeping it consistent – how we quality adjust CPI