UK inflation says due to a mistake in government data, ONS says

Photo of author

By [email protected]


Digest opened free editor

The National Statistics Office said on Thursday that inflation in the United Kingdom is 0.1 percentage points in April due to a tax number of tax numbers provided by a government ministry.

The annual inflation was 3.4 percent, according to corrected data, instead of 3.5 percent estimated at the beginning.

ONS said that an error was determined “in an excerpt from the licensed vehicles data provided … through the department for transportation, used to calculate the April 2025 vehicle tax component at consumer prices Economic inflation“.

He said that the incorrect data has exceeded the number of vehicles subject to VED rates in force in the first year of registration.

He added: “No other periods are affected … ONS will use the balanced data properly from the May 2025 numbers onwards. He added that the official statistics published for DFT are not affected.”

ONS said that the error was isolated on one set of data used to calculate the VED index.

However, she added, “ONS reviews its quality guarantee operations for external data sources in light of this problem.”

This is a developing story



https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F769cd339-1bf4-4020-9350-0cdcab7403da.jpg?source=next-article&fit=scale-down&quality=highest&width=700&dpr=1

Source link

Leave a Comment