National Statistics

GDP deflators at market prices, and money GDP: June 2014 (Quarterly National Accounts)

This document contains the latest Gross Domestic Product (GDP) deflators. The GDP deflator can be viewed as a measure of general inflation in the domestic economy.

Documents

GDP deflators: June 2014 (Quarterly National Accounts) - revised September

Details

A series for the GDP deflator in index form is produced by the Treasury from data provided by the Office for National Statistics (ONS) and the Office for Budget Responsibility (OBR). The GDP deflator set is updated after every ONS Quarterly National Accounts release (at the end of each quarter) and whenever the OBR updates its GDP deflator forecasts (usually twice a year).

Outturn data are the latest Quarterly National Accounts figures from the ONS, 27 June 2014. GDP deflators from 1955-56 to 2013-14 have been taken directly from fiscal period ONS series L8GG (Table N). GDP deflators from 1955 to 2013 have been taken from calendar period ONS series MNF2 (see Table O).

Forecasts are consistent with data produced by the OBR for the 19 March 2014 Budget.

Revisions to Calendar Year GDP Deflators at Market Prices

Calendar year GDP deflators have been revised from 1955 to 2013 in these spreadsheets. It is now correctly referencing ONS calendar year series MNF2 rather than MNX5 and therefore market prices rather than basic prices data.

Published 30 June 2014
Last updated 17 September 2014 + show all updates
  1. Calendar year GDP deflators have been revised from 1955 to 2013 in these spreadsheets. It is now correctly referencing ONS calendar year series MNF2 rather than MNX5 and therefore market prices rather than basic prices data.
  2. First published.