Autumn Forecast Statement

Autumn Forecast Statement is is one of the two statements HM Treasury makes each year to Parliament upon publication of economic forecasts. This document provides an updated economic outlook and previews the government's budget for the coming year, including expected spending and income levels, borrowing levels, and financial objectives. It also contains comments on the latest independent economic forecasts prepared by the OBR.

Most recent - Wednesday 30 October 2024 12:45

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Date
Wednesday 30 October 2024 12:45
Wednesday 22 November 2023 12:45

Economic context

Recent economic data has been moderately bullish for GBP. The following recent announcements may affect the market reaction to Autumn Forecast Statement:

PreviousLatest
GfK Consumer ConfidenceBearish change-21-25
S&P Global Composite PMIBullish change50.352
S&P Global Manufacturing PMIBullish change5153.6
S&P Global Services PMIBullish change50.552
Consumer Price Index (MoM)Bullish change0.4%0.7%
Consumer Price Index (YoY)Bullish change3%3.3%
Core Consumer Price Index (YoY)Bearish change3.2%3.1%
PPI Core Output (MoM) n.s.aBullish change-0.7%0.2%
PPI Core Output (YoY) n.s.a (no change)2%2%
Producer Price Index - Output (MoM) n.s.aBullish change-0.5%0.9%
Producer Price Index - Output (YoY) n.s.aBullish change1.8%2.6%
Retail Price Index (MoM)Bullish change0.4%0.8%
Retail Price Index (YoY)Bullish change3.6%4.1%
Average Earnings Excluding Bonus (3Mo/Yr)Bearish change3.8%3.6%
Average Earnings Including Bonus (3Mo/Yr)Bearish change4.1%3.8%
Claimant Count ChangeBearish change17.1K26.8K
Claimant Count RateBearish change4.3%4.4%
Employment Change (3M)Bearish change84K25K
ILO Unemployment Rate (3M)Bullish change5.2%4.9%
Gross Domestic Product (MoM)Bullish change0.1%0.5%
Industrial Production (MoM)Bullish change-0.1%0.5%
Manufacturing Production (MoM)Bearish change0.2%-0.1%
BRC Like-For-Like Retail Sales (YoY)Bullish change0.7%3.1%

About Autumn Forecast Statement

Country:United Kingdom
Currency:GBP
Source:
Category:Politics
Frequency:Irregular
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