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
Thursday 17 November 2022 12:45

Economic context

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

PreviousLatest
Retail Sales (MoM)Bullish change-0.7%0.2%
Retail Sales (YoY)Bearish change2%0.5%
Retail Sales ex-Fuel (MoM)Bullish change-0.9%0.3%
Retail Sales ex-Fuel (YoY)Bearish change1.6%0.1%
BoE MPC Vote Rate CutBullish change83
BoE MPC Vote Rate Hike(no change)00
Consumer Price Index (MoM)Bearish change0.6%0.1%
Consumer Price Index (YoY)Bullish change2.3%2.6%
Core Consumer Price Index (YoY)Bullish change3.3%3.5%
PPI Core Output (MoM) n.s.aBearish change0.2%0%
PPI Core Output (YoY) n.s.a (no change)1.6%1.6%
Producer Price Index - Output (MoM) n.s.aBullish change-0.1%0.3%
Producer Price Index - Output (YoY) n.s.aBullish change-0.9%-0.6%
Retail Price Index (MoM)Bearish change0.5%0.1%
Retail Price Index (YoY)Bullish change3.4%3.6%
Average Earnings Excluding Bonus (3Mo/Yr)Bullish change4.9%5.2%
Average Earnings Including Bonus (3Mo/Yr)Bullish change4.4%5.2%
Claimant Count ChangeBearish change-10.9K0.3K
Claimant Count Rate(no change)4.6%4.6%
Employment Change (3M)Bearish change253K173K
ILO Unemployment Rate (3M)(no change)4.3%4.3%
S&P Global/CIPS Composite PMI(no change)50.550.5
S&P Global/CIPS Manufacturing PMIBearish change4847.3
S&P Global/CIPS Services PMIBullish change50.851.4
Consumer Inflation ExpectationsBullish change2.7%3%
Gross Domestic Product (MoM)(no change)-0.1%-0.1%
Industrial Production (MoM)Bearish change-0.5%-0.6%
Manufacturing Production (MoM)Bullish change-1%-0.6%
GfK Consumer ConfidenceBullish change-18-17

About Autumn Forecast Statement

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