The Office for Statistics Regulation wrote to Mike Keoghan about Alternative Release Time for Economic Statistics

8 July 2024 · Ed Humpherson, Office for Statistics Regulation

The letter, dated 8 July 2024, replies to correspondence of 8 July 2024. The Office for Statistics Regulation published it as Ed Humpherson to Mike Keoghan: Alternative Release Time for Economic Statistics. Below are 4 passages from the letter in the regulator's own words.

What the Office for Statistics Regulation wrote

“As you know, the responses to our recent consultation on Futureproofing the Code of Practice for Statistics included a small number which expressed disagreement with the alternative release time (ART) for market sensitive economic statistics.”

“We have investigated the issues raised in the responses and discussed them with a representative of the SONIA futures market, the Bank of England, the Financial Conduct Authority and HM Treasury.”

“This should include consideration of the length of the period ahead of the publication of the statistics during which the data are shared with the devolved administrations for them to produce their own statistics.”

“To help us consider this one, we would welcome a response from the ONS setting out the outcome of its engagement with stakeholders by 1 October 2024.”

From Ed Humpherson, Office for Statistics Regulation, letter of 8 July 2024. Read the full letter.

Correspondence

• The letter it answered: Mike Keoghan to Ed Humpherson: Alternative Release Time for Economic Statistics (8 July 2024)

Receipt