Consultation on release times for market sensitive economic statistics
Summary
The ONS is consulting on whether to keep, change or end the 0700 release time used for market sensitive economic statistics, with options including the standard 0930 release and an alternative 0830 release. The review follows improved website performance and changes in financial market trading hours, and will inform a recommendation to the Office for Statistics Regulation.
Why it matters
Release timing can affect how quickly market-sensitive data is absorbed by lenders, valuers and other property market participants. Surveyors who rely on official economic statistics for valuation, market analysis and forecasting should be aware of any change that could alter access, media coverage or market reaction timing.
Key points
- ONS is seeking views on future release times for market sensitive economic statistics.
- Current 0700 release time has been in place since March 2020 under an alternative arrangement.
- ONS says website performance has improved and market risks from early release have reduced.
- Consultation considers 0930, 0830 and 0700, with other times also open for comment.
- The review will consider public access, media reach, market functioning and operational factors.
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