Hostname: page-component-cd9895bd7-dk4vv Total loading time: 0 Render date: 2024-12-22T12:55:18.573Z Has data issue: false hasContentIssue false

1. UK Economic Outlook

Published online by Cambridge University Press:  08 February 2023

Rights & Permissions [Opens in a new window]

Abstract

Image of the first page of this content. For PDF version, please use the ‘Save PDF’ preceeding this image.'
Type
UK Forecast
Copyright
© The Author(s), 2023. Published by Cambridge University Press on behalf of National Institute Economic Review

Footnotes

1

The authors are grateful to Bart van Ark, Jagjit Chadha and Barry Naisbitt for helpful comments, and to Joanna Nowinska for preparing the charts and the database underlying the forecast. The forecast was completed on 25th April 2022; more recent data is incorporated in the text. Unless otherwise specified, the source of all data reported in tables and figures is the NiGEM database and NIESR forecast baseline. All questions and comments related to the forecast and its underlying assumptions should be addressed to Kemar Whyte ([email protected]).

References

Allen, W., Chadha, J. and Turner, P. (2021) ‘Quantitative tightening: Protecting monetary policy from fiscal encroachment’, National Institute Economic Review 257 CrossRefGoogle Scholar
Benigno, G. (2022) ‘A new barometer of global supply chain pressure’, Federal Reserve Bank of New York blog, JanuaryCrossRefGoogle Scholar
Bhamra, H., Macchiarelli, C., Sanchez Juanino, P., & Whyte, K. (forthcoming) ‘Asset prices and consumption - a sector-level analysis’Google Scholar
Barwell, R. (2021) ‘MPC communication: the case for taking back control of financial conditions’, NIESR UK Economic Outlook, Spring 2021Google Scholar
Chadha, J. (2019) ‘The Asset Purchase Facility and monetary policy’ in Renewing our Monetary Vows: Open Letters to the Governor of the Bank of England, ed. Barwell, Richard & Chadha, Jagjit, NIESR Occasional Paper LVIIIGoogle Scholar
Chadha, J. (2020) ‘Commentary: Monetary Policy in Troubled Times’, National Institute Economic Review 252 CrossRefGoogle Scholar
Chadha, J. (2022) ‘Ratesetters can’t avoid dissent as they navigate uncharted territory’, The Times, 28 MarchGoogle Scholar
Chadha, J., Küçük, H. & Pabst, A. (eds.) (2021) Designing a New Fiscal Framework: Understanding and Confronting Uncertainty, NIESR Occasional Paper LXI Google Scholar
Freeman, R., Manova, K, Prayer, T. & Sampson, T. (2022) ‘Unravelling deep integration: UK trade in the wake of Brexit’, mimeoGoogle Scholar
Woolacott, Z. (2022) ‘Over two-fifths of pay awards are worth 4% or more’, Incomes Data Research, 27 AprilGoogle Scholar
KPMG & REC (2022) ‘UK Report on Jobs’, 8 AprilGoogle Scholar
Lenoël, C. (2021) ‘The long and uncertain road to exiting Quantitative Easing’, NIESR UK Economic Outlook, Summer 2021Google Scholar
Millard, S. (2022) ‘Exploring Central Bank Communication’, NIESR blog, 4 AprilGoogle Scholar
Mortimer-Lee, P. (2022) ‘Improved trade balance with the European Union raises challenging Brexit questions’, NIESR UK Economic Outlook, Winter 2022Google Scholar
Tenreyro, S. (2022) ‘The economy and policy trade-offs – speech by Silvana Tenreyro’, 2022 Dow Lecture, NIESR, February, available at www.bankofengland.co.uk/speech/2022/february/silvana-tenreyro-speech-at-the-niesr-institutes-2022-dowlecture-the-economy-and-policy-trade-offs CrossRefGoogle Scholar
XpertHR (2022) ‘Pay Settlement Report’, MarchGoogle Scholar
Patel, U. and Mortimer-Lee, P. (2022) ‘The Impact of Energy Price Inflation’, NIESR blog, 14 FebruaryGoogle Scholar