Budget Report

The Treasury Chancellor presents the economic forecast for next year, containing details about GDP growth estimates, spending and borrowing forecasts as well as fiscal stimulus.

Most recent - Tuesday 3 March 2026 12:30

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Date
Tuesday 3 March 2026 12:30
Wednesday 26 November 2025 12:30
Wednesday 26 March 2025 12:30
Wednesday 6 March 2024 12:30

Economic context

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

PreviousLatest
S&P Global Composite PMIBullish change49.352.1
S&P Global Manufacturing PMIBullish change52.552.8
S&P Global Services PMIBullish change48.851.8
Retail Sales (MoM)Bearish change1.2%1%
Retail Sales (YoY)Bullish change3.5%4.2%
Retail Sales ex-Fuel (MoM)Bearish change1.2%1.1%
Retail Sales ex-Fuel (YoY)Bullish change4.9%5.4%
GfK Consumer ConfidenceBullish change-23-17
Consumer Price Index (MoM)Bearish change0.2%0.1%
Consumer Price Index (YoY)Bearish change2.8%2.6%
Core Consumer Price Index (YoY)(no change)2.6%2.6%
PPI Core Output (MoM) n.s.aBearish change0.7%0.5%
PPI Core Output (YoY) n.s.a Bullish change2.3%2.6%
Producer Price Index - Output (MoM) n.s.aBearish change0.3%0%
Producer Price Index - Output (YoY) n.s.aBearish change3.7%3.5%
Retail Price Index (MoM)Bullish change0.2%0.3%
Retail Price Index (YoY)Bearish change3.1%3%
Average Earnings Excluding Bonus (3Mo/Yr)(no change)3.4%3.4%
Average Earnings Including Bonus (3Mo/Yr)Bearish change4.4%4.3%
Claimant Count ChangeBearish change1.3K6.7K
Claimant Count Rate(no change)4.4%4.4%
Employment Change (3M)Bullish change100K147K
ILO Unemployment Rate (3M)(no change)4.9%4.9%
Gross Domestic Product (MoM)Bullish change-0.1%0.1%
Industrial Production (MoM)Bearish change0.2%-0.5%
Manufacturing Production (MoM)Bearish change0.5%0.1%
BRC Like-For-Like Retail Sales (YoY)Bearish change3.4%1.7%

About Budget Report

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