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Reading UK GDP Industry Groups B–E in ONS Production Data

Article Quant Q&A · Author: ignoring_gravity
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Summary

The document explains the industry grouping represented by B–E in an Office for National Statistics UK GDP series. In the cited classification, A covers agriculture, forestry and fishing; B through E cover industries that manufacture or produce goods; F denotes construction; and G through T cover services. The series title also includes CVM, which the questioner already identifies as chained volume measure.

The answer points readers toward ONS methodology material for the sector definitions and a more detailed industry breakdown. This helps interpret the scope of a macroeconomic production series, which can matter when using economic data in analysis. The post does not describe a trading strategy, statistical method, or empirical relationship between GDP groups and asset returns; its contribution is limited to interpreting the classification labels.

Key ideas

  • The B–E grouping represents goods-producing and manufacturing industries in the cited UK classification.
  • The broader classification separates agriculture, construction, and services into other letter groups.
  • ONS methodology documents provide further detail about the industries within each group.
  • The post clarifies data terminology but does not analyze market behavior.

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Multi-assetStatistics
Full text
# UK GDP: What does B-E mean?


# UK GDP: What does B-E mean?












This time series from the Office for National Statistics is entitled

> B-E: PRODUCTION: CVM: annual & monthly gr

CVM means chained volume measure, I've got that. It's B-E I can't figure out. I've looked in the publication linked to at the bottom of the page, but couldn't find it in there.

## Answer by nbbo2 (score 1, accepted)

https://quant.stackexchange.com/a/50904

The economy of the UK has been divided into sectors:

A is Agriculture, forestry and fishing

B - E (that is B,C,D,E) are various sectors that Manufacture or Produce goods

F is Construction

G - T (that is G through T) are various Services sectors

I found this information in https://www.ons.gov.uk/economy/grossdomesticproductgdp/methodologies/outputapproachtogrossdomesticproductgdp

MOre detailed breakdown of what industries are in various sectors (and subsectors) can be found in this document https://www.ons.gov.uk/file?uri=/economy/economicoutputandproductivity/output/methodologies/indexofproductioniop/aguidetotheindexofproduction.pdf

Shown in full with attribution under the source's licence. Licence: CC BY-SA 4.0 (Stack Exchange)

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.