Title page
Contents
Forecasts For The Uk Economy 3
Average of independent forecasts for 2024; GDP growth, CPI and RPI inflation and unemployment 10
Average of independent forecasts for 2024; PSNB (2024-25) and Current account (2024 & 2025) 11
Average of independent forecasts for 2025; GDP growth, CPI and RPI inflation and unemployment 12
Dispersion around the independent consensus for 2024; GDP growth, CPI and RPI inflation made in the last 3 months 13
Dispersion around the independent consensus for 2024; LFS unemployment, current account and PSNB (2024-25) made in last 3 months 14
Dispersion around the independent consensus for 2025; GDP growth, CPI and RPI inflation made in the last 3 months 15
Dispersion around the independent consensus for 2025; LFS unemployment, current account and PSNB (2025-26) made in last 3 months 16
Annex 1: Forecasting institutions 17
Annex 2: Data definitions 18
Annex 3: Notation used in tables 19
Annex 4: Organisation contact details 20
Table 1. 2024: Growth in GDP and its components (% annual growth) 4
Table 2. 2024: Growth in prices and monetary indicators (% change) 5
Table 3. 2024: Growth in other selected variables (% change) 6
Table 4. 2025: Growth in GDP and its components (% annual growth) 7
Table 5. 2025: Growth in prices and monetary indicators (% change) 8
Table 6. 2025: Growth in other selected variables (% change) 9