3 Ways the ONS Says Snow Slowed Growth

Faisal Islam says linking the disappointing 0.1% growth figure to the bad weather is “laughable”. Guardian deputy editor Paul Johnson tweets: “ONS says weather nothing to do with it”. If you actually read the ONS release rather than the Remain spin, they confirm the snow did have a “limited” impact on slowing growth, in three separate ways, on retail trade, petrol sales and construction:

  • “some impacts on GDP from the snow in the first quarter of 2018 have been recorded for construction and retail sales”
  • “The fall in retail trade was driven by a decrease in petrol sales. This could be attributed to adverse weather conditions, which impacted on travel” 
  • “There is some evidence of an impact of the bad weather on construction output… 3.3% fall in construction was the largest downward pull on Q1”

The impact might have been limited overall, it’s just not accurate and snow joke for the Guardian to report “ONS says weather nothing to do with it”…

mdi-tag-outline ONS
mdi-account-multiple-outline Faisal Islam Paul Johnson
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