Supply and Use Tables in Previous Year's Prices (PYP SUTs) are to be published from 2018. This Eurostat requirement is a fundamental change to the way Gross Domestic Product (GDP) is estimated.
This course will provide attendees :-
with an overview of PYP SUTs,
the importance of PYP SUTs to answering policy questions;
how ONS will implement PYP SUTs;
what research is ongoing within National Accounts
At the end of this course users will:
Understand the need for SUTs in previous year's prices
Understand the relevance of PYP SUTs and double deflation to policy questions such as the 'productivity puzzle'.
Understand the differences between the associated work streams.
Available to ONS/Civil Service employees only.