Inflation Adjusted HMRC Regional Trade Statistics for Scotland: Methodology

Methodological information about Inflation Adjusted HMRC Regional Trade Statistics for Scotland.


Links to further information

The Australian Bureau of Statistics has released a helpful article, Demystifying Chain Volume Measures, which explains the calculation and relevance of CVM. We recommend this as an informative introduction to users unfamiliar with chained linked indices.

We have followed the International Monetary Fund Guidance for the use of CVM in national accounts, applying the methodology to HMRC’s Regional Trade in Goods Statistics. Users wanting to find out more about the methodology might find the IMF manual helpful.

Back to top