• The Office for National Statistics new methods marks change for the past 20 years’ price decline, but promise more accurate inflation and GDP readings.
  • Change backs telcos’ claims that they are meeting demands of ‘more for less’ in tougher circumstances than assumed.

ONS data errors reshape UK telecoms landscape

Current and improved telecommunication services deflator, 1997 to 2016.

Source: Office for National Statistics

Theoretical estimates published by the ONS on 6 July 2020 show that the change could change the telecoms landscape considerably. Looking at the period between 1997 and 2016, current methods show a price decline of just over half. Using the improved services deflator, the price decline plummets 95% (see above).