Public Sector Net Borrowing

The Net Borrowing released by the National Statistics captures an amount of new debt held by the U.K. governments (the financial deficit in the UK national accounts). Generally speaking, if the Net Borrowing is negative, it means the UK Accounts are surplus, and that should be positive for the GBP. While a deficit is generally unfavorable for the economy, a growth in the Net Borrowing is considered as negative, or bearish for the GBP.

Next event - Wednesday 22 January 2025 07:00

Previous
£11.249B
Forecast
£13.4B
Actual
-

The typical/expected market impact of this event is low.

The consensus forecast for Public Sector Net Borrowing is £13.4B. A higher value than forecast tends to be bullish for xxx/GBP pairs and bearish for GBP/xxx pairs.

Most recent - Friday 20 December 2024 07:00

Previous
£17.354B
Revised
£18.217B
Forecast
£15.5B
Actual
£11.249B

Higher numbers than forecast tend to be bullish for GBP/xxx pairs and bearish for xxx/GBP pairs.

Trading range

Forecast history

The most recent announced value for Public Sector Net Borrowing was £11.249B against a forecast of £15.5B.

Past events

Date
Forecast
Actual
Friday 20 December 2024 07:00
£15.5B
£11.249B
Thursday 21 November 2024 07:00
-
£17.354B
Tuesday 22 October 2024 06:00
£-10.3B
£16.613B
Friday 20 September 2024 06:00
£-12.3B
£13.734B
Wednesday 21 August 2024 06:00
£-0.5B
£2.177B
Friday 19 July 2024 06:00
£-12B
£13.589B
Friday 21 June 2024 06:00
£-14.8B
£14.1B
Wednesday 22 May 2024 06:00
£-18.5B
£19.59B
Tuesday 23 April 2024 06:00
£-8.9B
£11.015B
Thursday 21 March 2024 07:00
-
£7.477B
Wednesday 21 February 2024 07:00
£18.4B
£-17.615B
Tuesday 23 January 2024 07:00
£-11.2B
£6.846B
Thursday 21 December 2023 07:00
£11.9B
£13.409B
Tuesday 21 November 2023 07:00
£21B
£13.972B
Friday 20 October 2023 06:00
£17.6B
£13.526B
Thursday 21 September 2023 06:00
£9.8B
£10.756B
Tuesday 22 August 2023 06:00
-
£3.48B
Friday 21 July 2023 06:00
£27.52B
£17.666B
Wednesday 21 June 2023 06:00
£14.931B
£19.224B
Tuesday 23 May 2023 06:00
£8.773B
£24.739B
Tuesday 25 April 2023 06:00
£22.942B
£20.709B
Tuesday 21 March 2023 07:00
£7.673B
£15.859B
Tuesday 21 February 2023 07:00
£16.137B
£-6.242B
Tuesday 24 January 2023 07:00
£18.029B
£26.581B
Wednesday 21 December 2022 07:00
£8.064B
£21.196B
Tuesday 22 November 2022 07:00
£15.376B
£12.728B
Friday 21 October 2022 06:00
£19.325B
£19.248B
Wednesday 21 September 2022 06:00
£9.294B
£11.056B
Friday 19 August 2022 06:00
£11.763B
£4.18B
Thursday 21 July 2022 06:00
-
£22.115B
Thursday 23 June 2022 06:00
£13.2B
£13.226B
Tuesday 24 May 2022 06:00
£8.51B
£17.796B
Tuesday 26 April 2022 06:00
£15.048B
£17.319B
Tuesday 22 March 2022 07:00
£7.861B
£12.348B
Tuesday 22 February 2022 07:00
£14.985B
£-3.65B
Tuesday 25 January 2022 07:00
£12.034B
£16.084B

Economic context

Recent economic data has been broadly neutral for GBP. Other recent announcements which may affect the market's interpretation of the next Public Sector Net Borrowing result:

PreviousLatest
Average Earnings Excluding Bonus (3Mo/Yr)Bullish change5.2%5.6%
Average Earnings Including Bonus (3Mo/Yr)Bullish change5.2%5.6%
Claimant Count ChangeBearish change-25.1K0.7K
Claimant Count Rate(no change)4.6%4.6%
Employment Change (3M)Bearish change173K35K
ILO Unemployment Rate (3M)Bearish change4.3%4.4%
Retail Sales (MoM)Bearish change0.1%-0.3%
Retail Sales (YoY)Bullish change0%3.6%
Retail Sales ex-Fuel (MoM)Bearish change0.1%-0.6%
Retail Sales ex-Fuel (YoY)Bullish change-0.5%2.9%
Gross Domestic Product (MoM)Bullish change-0.1%0.1%
Industrial Production (MoM)Bullish change-0.6%-0.4%
Manufacturing Production (MoM)Bullish change-0.6%-0.3%
Consumer Price Index (MoM)Bullish change0.1%0.3%
Consumer Price Index (YoY)Bearish change2.6%2.5%
Core Consumer Price Index (YoY)Bearish change3.5%3.2%
PPI Core Output (MoM) n.s.a(no change)0%0%
PPI Core Output (YoY) n.s.a Bearish change1.6%1.5%
Producer Price Index - Output (MoM) n.s.aBearish change0.4%0.1%
Producer Price Index - Output (YoY) n.s.aBullish change-0.5%0.1%
Retail Price Index (MoM)Bullish change0.1%0.3%
Retail Price Index (YoY)Bearish change3.6%3.5%

About Public Sector Net Borrowing

Country:United Kingdom
Currency:GBP
Source:Office for National Statistics
Category:Capital Flows
Frequency:Monthly
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