Troubled UK statistics agency warns of errors in its growth figures
ONS, already working on fixing a survey, uncovers problems with two indices used to measure prices in economyBusiness live – latest updatesThe 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...
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...
