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The UK Economy

Published online by Cambridge University Press:  26 March 2020

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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.

Type
Forecast Overview
Information
National Institute Economic Review , Volume 226 , November 2013 , pp. F3
Copyright
Copyright © 2013 National Institute of Economic and Social Research

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