Economics Articles

Essays on topical issues, latest developments in UK and global economies, and answers to readers questions

Reasons for Youth Unemployment

Posted on October 18, 2017

A look at the economics reasons for high youth unemployment (16-25) in the UK. During the recession, youth unemployment rose at a faster rate than the main unemployment rate.  After peaking at 20% (1 million) in early 2012, youth unemployment has recently fallen to 12 % (2017) The reasons for youth unemployment are fairly similar …


UK Inflation Rate and Graphs

Posted on October 17, 2017

Current UK Inflation Rate CPI inflation rate:  3.0% (headline rate) CPI – D7G7 at ONS (page updated 17 October 2017) Source: Raw data General inflation tables | CPI annual % change D7G7 at ONS Other measures of inflation (CPIH) CPI including owner occupiers’ housing costs – 2.8% (CPIH – L550) Factory gate prices (Output prices) …


Factors that affect the housing market

Posted on October 15, 2017

The housing market is influenced by the state of the economy, interest rates, real income and changes in the size of the population. As well as these demand-side factors, house prices will be determined by available supply. With periods of rising demand and limited supply, we will see rising house prices, rising rents and increased …