Interest Rates and Monetary Policy: Key Economic Indicators
Data and latest developments on interest rates and quantitative easing policy from the UK (Bank of England), Eurozone (European Central Bank) and the US (Federal Reserve).

The way GDP is measured has changed, with revised figures showing the 2008-2009 recession being slightly less severe than previously thought and the economic recovery stronger.
GDP and the national accounts: 2014 revisions (439 KB , PDF)
A new way of measuring UK GDP was introduced in 2014 by the Office for National Statistics (ONS) who say these revisions are “the most wide-ranging in more than a decade”. A complete series of new GDP data was published on 30 September 2014.
Over the period 1998-2013, average annual real GDP growth has been revised up by 0.1%-points from 1.9% to 2.0%. In more recent years, the revisions have been larger. Over the five years from 2008-2012 growth was revised up in every year, by an annual average of 0.5 %-points (growth in 2013 was unrevised). As a result, the severe 2008-2009 recession was a little shallower than previously thought, with the fall in GDP from its pre-recession peak level to the depth of recession now estimated at 6.0% instead of 7.2%.
The revised figures also show that the recovery from the recession was stronger, with GDP estimated to have returned to its pre-recession GDP peak almost a year earlier than previously estimated – in Q3 2013 instead of Q2 2014.
GDP and the national accounts: 2014 revisions (439 KB , PDF)
Data and latest developments on interest rates and quantitative easing policy from the UK (Bank of England), Eurozone (European Central Bank) and the US (Federal Reserve).
There are currently 48 operational Enterprise Zones in England. Similar policies have been adopted by the devolved governments in Scotland, Wales and Northern Ireland. Businesses in these small areas will benefit from tax and planning concessions and superfast broadband.
International Inflation: Harmonised Index of Comsumer Prices data on international inflation rates.