Autumn Forecast Statement

Autumn Forecast Statement is is one of the two statements HM Treasury makes each year to Parliament upon publication of economic forecasts. This document provides an updated economic outlook and previews the government's budget for the coming year, including expected spending and income levels, borrowing levels, and financial objectives. It also contains comments on the latest independent economic forecasts prepared by the OBR.

Most recent - Wednesday 30 October 2024 12:45

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Date
Wednesday 30 October 2024 12:45
Wednesday 22 November 2023 12:45
Thursday 17 November 2022 12:45

Economic context

Recent economic data has been broadly neutral for GBP. The following recent announcements may affect the market reaction to Autumn Forecast Statement:

PreviousLatest
Gross Domestic Product (QoQ)(no change)0.1%0.1%
Gross Domestic Product (YoY)Bullish change1.4%1.5%
Retail Sales (MoM)Bearish change1.4%1%
Retail Sales (YoY)Bullish change0.6%2.2%
Retail Sales ex-Fuel (MoM)Bearish change1.6%1%
Retail Sales ex-Fuel (YoY)Bullish change0.8%2.2%
Consumer Price Index (MoM)Bullish change-0.1%0.4%
Consumer Price Index (YoY)Bearish change3%2.8%
Core Consumer Price Index (YoY)Bearish change3.7%3.5%
Retail Price Index (MoM)Bullish change-0.1%0.6%
Retail Price Index (YoY)Bearish change3.6%3.4%
S&P Global/CIPS Composite PMIBullish change50.552
S&P Global/CIPS Manufacturing PMIBearish change46.944.6
S&P Global/CIPS Services PMIBullish change5153.2
GfK Consumer ConfidenceBullish change-20-19
BoE MPC Vote Rate CutBullish change91
BoE MPC Vote Rate Hike(no change)00
Average Earnings Excluding Bonus (3Mo/Yr)(no change)5.9%5.9%
Average Earnings Including Bonus (3Mo/Yr)Bearish change6.1%5.8%
Claimant Count ChangeBearish change2.8K44.2K
Claimant Count RateBearish change4.5%4.7%
Employment Change (3M)Bullish change107K144K
ILO Unemployment Rate (3M)(no change)4.4%4.4%

About Autumn Forecast Statement

Country:United Kingdom
Currency:GBP
Source:
Category:Politics
Frequency:Irregular
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