Britain | Dismal science

Britain’s statisticians fix a blunder and find a bigger economy

The figures used to look abysmal. Now they’re only poor

A worker scans pallets of medical supplies in an enormous warehouse.
Image: Alamy

IT’S RARE THAT tweaks to already published figures make big news. But then it’s also rare for statisticians at the Office for National Statistics (ONS), a body that produces official data, to make dramatic adjustments. In an update on September 1st they found, in effect, almost two percentage points’ worth of GDP hidden behind a sofa.

This article appeared in the Britain section of the print edition under the headline “Revision pays off”

From the September 9th 2023 edition

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