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ONS Corrects April Inflation Overstatement After Vehicle Tax Data Error

Corrected vehicle tax weights will be applied from May onward, with strengthened verification processes.

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Cars are displayed outside a showroom in west London October 4, 2013. REUTERS/Luke MacGregor/File Photo
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The Office for National Statistics said the figures overstated the number of vehicles subject to vehicle excise duty

Overview

  • The ONS found that the Department for Transport’s vehicle excise duty data overstated the number of first-year vehicles, inflating the April CPI rate by 0.1 percentage point.
  • The UK’s headline inflation rate for the 12 months to April should have been 3.4% rather than the originally reported 3.5%.
  • The agency will keep the published April figures unchanged but has launched a review of its external data quality assurance.
  • Properly weighted vehicle tax information will be incorporated in May’s inflation calculations to prevent further distortions.
  • The correction follows a government investigation launched in April into the reliability of official economic statistics.