Box sets » Data

Chart 2.B: Real GDP revisions: over pandemic and annual since 1998
As we closed our pre-measures forecast earlier than usual at October Budget 2021, our forecast did not include the Quarterly National Accounts released on 30 September 2021, which contained Blue Book 2021 consistent revisions. This box examined the potential implications that including the latest data may have had on our forecast. We judged that the data revisions and other developments since we closed our forecast would have largely offset one another, leaving our economic forecast broadly unchanged.

Economy categories: Economic data revisions, Real GDP, Nominal GDP

Cross-cutting categories: Data revisions, Blue Book