Article 6W31T Troubled UK statistics agency warns of errors in its growth figures

Troubled UK statistics agency warns of errors in its growth figures

by
Richard Partington Economics correspondent
from on (#6W31T)

ONS, already working on fixing a survey, uncovers problems with two indices used to measure prices in economy

The UK's troubled statistics agency has warned there are errors in its growth figures after spotting problems with the price data it uses to calculate the size of Britain's economy.

In the latest admission of failure to maintain reliable economic data, the Office for National Statistics (ONS) said it had uncovered problems with two indices used to measure prices in the economy.

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://feeds.theguardian.com/theguardian/business/economics/rss
Feed Title
Feed Link http://feeds.theguardian.com/
Reply 0 comments