stats

UK Inflation Rate and Graphs

UK Inflation Rate and Graphs

Current UK Inflation Rate CPI inflation rate:  0.1% (headline rate) CPI – D7G7 at ONS (page updated 10 Jan, 2016) Source: Raw data General inflation tables | CPI annual % change D7G7 at ONS Other measures of inflation RPI = 1.1% Nov 2015 (RPI index CZBH) RPIX =1.1% (RPIX – CDKQ) CPIH = 0.4% (CPIH – L550) Updated 10th Jan, 2016 See: Measures of inflation What is causing low inflation? Lower cost push inflation – falling oil prices. Other commodity prices also falling,…

UK Housing Market Stats and Graphs

UK Housing Market Stats and Graphs

A look at the main UK housing market data. House prices Affordability of housing Interest rates Supply of housing House price inflation Nationwide data Annual house price inflation running at 3.2% in Aug 2015 London showed strongest housing market with prices rising 7% Price of a typical home is £195,279 (Aug 2015) UK House prices in past few decade In 1975, average house prices were: £10,388. In 2015, average house prices are: £195,279. (more…)

UK Balance of Payments

UK Balance of Payments

The balance of payments is the record of a country’s transactions / trade with the rest of the world. The balance of payments consists of: Current Account (trade in goods, services + investment incomes + transfers) Capital Account / Financial Account (capital and financial flows, net investment, portfolio investment) Errors and omissions. It is hard to collect all data so some is missed out. In theory there should be a balancing between capital and current / financial account. If there is a current account deficit, there should be a surplus on the capital /…

Economic Growth UK

Economic Growth UK

Economic growth measures the change in real GDP (national income adjusted for inflation; ONS call it chained volume measure of GDP) In 2014 the UK economy grew by 2.4% –  (compared to 1.7% in 2013. GDP was 2.6% higher in Quarter 2 (Apr to June) 2015 compared with the same quarter a year ago. The peak to trough fall of the economic downturn in 2008/2009 is now estimated to be 6.0% In 2013, GDP at market prices was £1,713,302 million (£1.7 trillion) Updated September 14th, 2015 Recent UK Economic Growth

UK Bond Yields Explained

UK Bond Yields Explained

UK bond yields are the rate of interest received by those holding Government bonds. Governments sell bonds (via the Debt Management Office DMO) to fund their budget deficits. Bonds are a way for the government to borrow – a bit like the government taking out a loan. Government bonds are frequently traded on bond markets. Therefore, their market price may be quite different to the original price set by the government. Example. A government may sell a 10 year, £1,000 bond at 5% interest. This means every year year the government will…

Finding economic stats and data at ONS and Bank of England

Finding economic stats and data at ONS and Bank of England

  Quick links for main economic statistics My page with graphs Main ONS dataset Useful direct links Economic growth National income acc Real GDP | % quarterly Inflation inflation series CPI annual % Unemployment Labour market ILO % Current account b of p pnbp C.A % GDP Budget deficit psf at ONS | psf at HM T PSNB % GDP Public sector debt psf at ONS PSND % GDP Labour productivity prdy dataset lab. prod. % change Saving Ratio Nat.l inc. acc: J3 household…

Economic Growth UK

Economic Growth UK

Economic growth measures the change in real GDP (national income adjusted for inflation, ONS call it chained volume measure) Economic growth in Q1 2013 was 0.3% (preliminary estimate). GDP was 0.4% higher in Q1 2013 than in Q3 2011 and therefore the economy has been broadly flat over the last 18 months (ONS) Recent UK Economic Growth Source: ONS Raw data:  National income accounts | real GDP | % change quarterly | National income accounts The UK entered recession in…