Ben and Mike get cosy with the Chief Economist and Head of Prices at the UK’s Office for National Statistics

Ben and Mike attended a very informative recent lunch featuring two of the top bods at the UK’s Office for National Statistics and hosted by the excellent Alan Clarke (ex BNP Paribas UK economist,  now at Scotia Bank).  They thought that there could be a great opportunity to share Joe and Pam’s expertise on UK GDP and UK inflation with our blog readers so they phoned ahead and managed to locate both a small camera and a vacant meeting room.  Joe and Pam were extremely kind to agree to jump in a taxi and head over to M&G’s office, where they recorded an impromptu 15 minute video discussing a range of topics from why you shouldn’t read so much into the strong UK Q3 GDP data to why the Retail Price index (RPI) is getting outdated and what the Office for National Statistics (ONS) is planning to do about it.

 

The value of investments will fluctuate, which will cause prices to fall as well as rise and you may not get back the original amount you invested. Past performance is not a guide to future performance.

Gordon Harding

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