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 ConfidenceBullish change-17-14
Consumer Price Index (MoM)Bullish change0.1%0.3%
Consumer Price Index (YoY)Bullish change2.6%2.9%
Core Consumer Price Index (YoY)(no change)2.6%2.6%
PPI Core Output (MoM) n.s.aBullish change0.5%0.6%
PPI Core Output (YoY) n.s.a Bullish change2.6%2.8%
Producer Price Index - Output (MoM) n.s.aBullish change-0.1%0.2%
Producer Price Index - Output (YoY) n.s.aBearish change3.5%3.1%
Retail Price Index (MoM)Bullish change0.3%0.6%
Retail Price Index (YoY)Bullish change3%3.2%
Average Earnings Excluding Bonus (3Mo/Yr)Bullish change3.4%3.5%
Average Earnings Including Bonus (3Mo/Yr)Bearish change4.4%4.1%
Claimant Count ChangeBullish change-6.4K-11K
Claimant Count RateBullish change4.4%4.3%
Employment Change (3M)Bearish change147K83K
ILO Unemployment Rate (3M)(no change)4.9%4.9%
Gross Domestic Product (MoM)Bullish change0%0.3%
Gross Domestic Product (QoQ)Bearish change0.6%0.4%
Gross Domestic Product (YoY)Bullish change0.9%1.2%
Industrial Production (MoM)Bullish change-0.7%-0.2%
Manufacturing Production (MoM)Bearish change-0.2%-0.5%
BRC Like-For-Like Retail Sales (YoY)Bearish change1.7%1%

About Autumn Forecast Statement

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