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The UK Economy
Published online by Cambridge University Press: 26 March 2020
Abstract
The economy will grow by 1.4 per cent this year, and by 2.0 per cent in 2014.
Unemployment will fall gradually, to about 7.4 per cent by the middle of next year.
Consumer price inflation will also fall gradually, to an average of 2.5 per cent per annum next year.
We expect a slight decline in underlying public sector borrowing this year, to about 7 per cent of GDP, and about 6 per cent in the following year.
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- Copyright © 2013 National Institute of Economic and Social Research