- Annual growth rate: 0.1%
- Quarterly growth rate: -0.3% (Q4 2023 and this caused a recession at the end of Q1 2024). This recession saw high inflation too so it was mostly caused by very low aggregate supply rather than just very low aggregate demand.
- Output gap: -0.1% GDP per capita: £36,000Unemployment Rate: 4.2%Economic inactivity rate: 22.2% (the number of people who are choosing not to work e.g. retirement).
- Inflation: 3.2%
- Producer price inflation: 0.6%
- Inflation expectations: 3.3%
- Current Account Deficit: 3.2% of GDP
- Min wage: £11.44/ hour and assuming higher in London (Dal previously said UK has the highest min wages in the world)
- Exchange rate: weak
- US currency: strong
- Euro currency: stagnating
- Budget deficit: 4.2% of GDP
- National debt: 98% of GDP
- Bond yields: 4.2%
- Income tax bands: 0% to £12,250, 20%, 40%...
- National insurance: down to 8%
- VAT: 20%
- Corporation tax: 25%Gini coefficient: 0.357 (0 means perfect equality)Bank of England base rate: 5.25%
- Average lending rate: 6.25%
- Consumer and business confidence: weak
- QE: £895bn
- Savings ratio: 10.5%