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 strongly bearish for GBP. The following recent announcements may affect the market reaction to Autumn Forecast Statement:

PreviousLatest
Retail Sales (MoM)Bearish change0.7%0.4%
Retail Sales (YoY)Bullish change2.2%2.6%
Retail Sales ex-Fuel (MoM)Bearish change0.7%0.5%
Retail Sales ex-Fuel (YoY)Bullish change1.8%3.3%
GfK Consumer ConfidenceBearish change-19-23
S&P Global/CIPS Composite PMIBearish change51.548.2
S&P Global/CIPS Manufacturing PMIBearish change44.944
S&P Global/CIPS Services PMIBearish change52.548.9
Consumer Price Index (MoM)Bearish change0.4%0.3%
Consumer Price Index (YoY)Bearish change2.8%2.6%
Core Consumer Price Index (YoY)Bearish change3.5%3.4%
Retail Price Index (MoM)Bearish change0.6%0.3%
Retail Price Index (YoY)Bearish change3.4%3.2%
Average Earnings Excluding Bonus (3Mo/Yr)Bullish change5.8%5.9%
Average Earnings Including Bonus (3Mo/Yr)(no change)5.6%5.6%
Claimant Count ChangeBearish change16.5K18.7K
Claimant Count RateBearish change4.6%4.7%
Employment Change (3M)Bullish change144K206K
ILO Unemployment Rate (3M)(no change)4.4%4.4%
BRC Like-For-Like Retail Sales (YoY)(no change)0.9%0.9%

About Autumn Forecast Statement

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