By Office for National Statistics
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So the supplier’s net revenue from selling the good is the selling price less the taxes on products included in the selling price. This is the basic price. It is the price at which market output is measured since it represents the producers’ actual revenue. 29) are taxes which producers have to pay but they are not paid when goods and services are bought and so are not included in intermediate consumption. They are levied separately and are usually linked to the use of fixed capital or to the right to undertake certain regulated activities.
In particular the quarterly estimates, both before and after seasonal adjustment, add up to the calendar year totals. However, there are some small differences between the sum of component series and the total shown, due to rounding. Balances Further assessment of the reliability of the consolidated economic and sector accounts can be gained by examination of the capital and financial accounts – which should, in theory, show a balance between the net lending/borrowing in the capital account and financial account for each sector.
The LFS is a household survey which uses definitions which are consistent with the International Labour Organisation recommendations and have been adopted by all EU member countries. The coverage of the LFS is people living in private households and, from 1992, student halls of residence and NHS accommodation; it is not precisely consistent with either the home population data or the ESA95 requirements. Index numbers and price indices The employment data in the table are estimates of people according to their economic and employment status.
