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The UK economy

Published online by Cambridge University Press:  26 March 2020

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Abstract

  • The economy, after seeing zero growth in 2012, will grow by 0.7 per cent in 2013, and 1.5 per cent in 2014.

  • Consumer price inflation will average 2.4 per cent this year and 2.3 per cent in 2014.

  • We expect unemployment to stabilise at about 8 per cent, and to begin a sustained fall in 2015.

  • We expect public sector net debt to peak in 2016–17, at about 85 per cent of GDP.

Type
Forecast Overview
Information
National Institute Economic Review , Volume 223 , February 2013 , pp. F3
Copyright
Copyright © 2013 National Institute of Economic and Social Research

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