[1/2]People walk through a busy shopping street looking for bargains during a traditional Boxing Day sale in Liverpool, England, December 26, 2021.Reuters/Phil Noble/File Photo Acquisition of license rights
LONDON, Sept 6 (Reuters) – Britain’s Bureau of Statistics asked for early access to key economic data on Wednesday, days after it revised its projections for the size of the economy by the end of 2021, which surprised many analysts. .
A senior official with the Office for National Statistics has asked the UK’s statistical regulator to consider the results of further work on how it has revised its estimates of economic volatility before and after the coronavirus pandemic.
“We also want to explore possible means of making critical data available to the ONS early in the production cycle,” said ONS Deputy National Statistics Officer Michael Corgan, Statistics Regulation. said in a letter to the department.
ONS collects much of the data themselves through surveys of businesses and households, but relies on government departments and other agencies for certain figures.
The letter did not specify what data the ONS wanted earlier, but said it would help give a broader picture of the economy sooner than it does now.
Revised data released by the ONS on Friday show that the UK economy has fared stronger than previously thought in its recovery from the pandemic, leading the rest of Europe, not lagging behind, at the end of 2021. showed that there is
Reported by William Schomberg.Editing: David Milliken
Our criteria: Thomson Reuters Trust Principles.
