Economy
Key measures of the UK's economic health — growth, inflation, employment, wages, and public finances.
GDP growth rate
0.1 %
0.00pp vs prev
ONS / IMF ↗
G7 avg: 0.2
GDP per capita (PPP)
$49k Int$
+1.8% vs prev
ONS / IMF ↗
G7 avg: $54k
CPI inflation
2.8 %
-0.50pp vs prev
ONS / OECD ↗
G7 avg: 2.2
All economy indicators
| Indicator | Latest | Change |
|---|---|---|
| GDP growth rate #4 G7 | 0.1 % | 0.00pp |
| GDP per capita (PPP) #5 G7 | 49178 Int$ | +1.8% |
| CPI inflation #5 G7 | 2.8 % | -0.50pp |
| Unemployment rate #4 G7 | 5.0 % | +0.10pp |
| Bank base rate | 3.8 % | 0.00pp |
| Public sector net debt (% GDP) #2 G7 | 94 % GDP | +0.5% |
| Government borrowing | 11 £bn | -8.4% |
| Real wage growth | 3.7 % | -0.20pp |
| Trade balance | -1.8 £bn | +15.6% |
| Labour productivity | 99 index | -0.6% |
| Tax burden | 37 % GDP | +0.1% |
| Business investment | 18 % GDP | +1.2% |
| Employment rate | 78 % | +0.10pp |
| Economic inactivity rate | 36 % | -0.10pp |
| CPIH inflation | 3.0 % | -0.40pp |
| Core inflation | 3.0 % | -0.70pp |
| Retail sales growth | 0.0 % | -1.50pp |
| Claimant count | 1699 thousands | +1.6% |