This Insight looks at where the economy is in September 2020, the winter outlook and the Chancellor’s new policy announcements.
Documents to download
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Interest rates and inflation (101 KB, PDF)
On 7 March, the Bank of England announced that interest rates would be kept on hold at 0.5%. Interest rates have been unchanged for forty-eight months (since March 2009). The next interest rate announcement will be on 4 April.
Inflation (measured by the change in the CPI) showed inflation at 2.7% in January 2013 for the fourth consecutive month and above the Bank of England’s 2% target for the thirty-eighth successive month. The next inflation figures (for February 2013) are due to be published on 19 March.
Documents to download
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Interest rates and inflation (101 KB, PDF)
Related posts
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Financial Indicators: Data from FTSE100, as well as oil prices and gold prices.
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Business and Consumer Confidence: Information on business and consumer confidence surveys, which is generally released ahead of official statistical data and can indicate changes to the economic outlook as well as turning points in the economic cycle.
