Article: GBP 1.2bn of alcohol 'spirited away' in seasonally adjusted figures

IT LOOKS like statistical manoeuvring worthy of Orwell. 'Seasonally adjusted' export figures just published by the Scottish Executive have spirited away GBP 1.21bn of drink.

The original figure of GBP 2.5bn of drinks dispatched in 1997 has been revised without explanation, causing frustrated forecasters who monitor industry trends to rewrite their own records. Now they are asking why the adjustment has been made and why it has taken six years to downgrade the figure to GBP 1.294bn.

The figures have been published every quarter and this is the first time in 24 quarters that the change has been made.

The revision has also meant downgrading the annual export total for 1997 from GBP 18.953bn ...

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