#SummerBudget: The key economic figures
Financial Director collates the key economic statistics that have underpinned the Summer Budget 2015
Financial Director collates the key economic statistics that have underpinned the Summer Budget 2015
Percentage change on a year earlier, unless otherwise stated
Forecast
GDP
2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 |
3.0 | 2.4 | 2.3 | 2.4 | 2.4 | 2.4 | 2.4 |
INFLATION – CPI
2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 |
1.5 | 0.1 | 1.1 | 1.6 | 1.8 | 1.9 | 2.0 |
LABOUR MARKET Employment: (£millions (m))
2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 |
30.7 | 31.2 | 31.5 | 31.6 | 31.7 | 31.9 | 32.1 |
PUBLIC SECTOR NET BORROWING (£billions (bn))
March forecast/July forecast
2014/15 | 2015/16 | 2015/16 | 2016/17 | 2017/18 | 2018/19 | 2019/20 |
90.2 | 75.3 | 39.4 | 12.8 | -5.2 | -7.0 | |
89.2 | 69.5 | 43.1 | 24.3 | 6.4 | -10.0 | -11.6 |
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