Builders challenge ONS construction data

The Office for National Statistics is looking into whether changes to their data collection methods may have distorted output figures for the building sector.

Construction executives maintain the changes led companies to submit business data from six weeks earlier, rather than only during that month. If the complaints are correct, UK GDP is likely to have grown about 0.8 per cent in the first quarter of 2011 rather than the reported 0.5%. Travis Perkins PLC, Kier Group Plc, Tarmac and McLaren Construction are among some of the companies concerned about the data gathering.

The ONS have now launched an inquiry into the disputed figures and says it will make the information available to the public in July.

09/05/11

 
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