HM Treasury Independent Forecasts for the U.K. Economy
By Mark Evans -
2011-09-21T08:34:50Z
Following is a summary of independent forecasts for the U.K. economy from HM Treasury in London:
===============================================================================
Average Average Sept. Sept.
Sept. Aug. Lowest Highest
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----------- Forecasts for 2011 -----------
GDP Growth 1.2% 1.3% 0.8% 1.8%
CPI (Q4) 4.5% 4.5% 3.7% 5.3%
RPI (Q4) 5.2% 5.3% 4.5% 5.8%
Claimant Unemployed (Q4: Million) 1.58 1.56 1.47 1.69
Current Account (GBP/Billion) -30.6 -29.6 -56.8 -2.3
PSNB (2011-12 GBP/Billion) 126.8 125.2 110.0 153.8
----------- Forecasts for 2012 -----------
GDP Growth 1.8% 2.0% 0.9% 2.7%
CPI (Q4) 2.2% 2.2% 1.3% 3.5%
RPI (Q4) 3.1% 3.3% 1.9% 5.3%
Claimant Unemployed (Q4 Million) 1.59 1.54 1.40 1.82
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Average Average Sept. Sept.
Sept. Aug. Lowest Highest
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Current Account (GBP/Billion) -23.2 -21.6 -75.6 7.9
PSNB (2012-13 GBP/Billion) 106.8 97.0 85.0 149.6
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Note: Independent and City averages, and the range of forecasts, are based on
forecasts made in the last three months
All the averages exclude non-standard entries
Source: HM Treasury
To contact the reporter on this story: Mark Evansin London at mevans8@bloomberg.net
To contact the editor responsible for this story: Marco Babic at mbabic@bloomberg.net
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