ONS to publish GDP data on a monthly basis

As of this week, the ONS is to start publishing GDP data for the UK economy on a monthly rather than quarterly basis. Although this change seems relatively minor, the availability of data is important for policy makers. It would seem that, especially over the coming months as the UK moves towards an exit from the EU, decision making will be more difficult (in terms of forecasting outcomes) and this change from the ONS may be really vital.

An ONS blog on the changes is available here.

Some analysis, with reference to the value of GDP data, from the Guardian is available here.