The extensive improvements to CSO data sources have been designed to reduce the need for revisions to early estimates, and in particular to ensure that the early estimates do not consistently understate or overstate the economic growth rate. Future analyses will we hope confirm that we have been successful.
Moreover, past revisions have not been as regular as Christopher Huhne appears to assume. The latest series contains our best estimates of growth rates.
Deputy Director, CSO
- More about:
- London School Of Economics And Political Science
- Office Of National Statistics