DATA Flashcards

(27 cards)

1
Q

UK growth in 2024

A

1.1%

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2
Q

UK growth pre GFC

A

2.5%

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3
Q

Output gap

A

0.6%

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4
Q

UK gap/capita

A

36,000

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5
Q

total GDP

A

2.85 trillion

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6
Q

Services share of economy

A

79%

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7
Q

UK NRU

A

3.5-.8

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8
Q

UK up rate

A

4.4

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9
Q

UK employment rate

A

75.1%

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10
Q

Economic inactivity

A

21.4%

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11
Q

Wage growth

A

5.9%

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12
Q

Youth UP

A

13.3

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13
Q

deficit on the current account

A

2.6%

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14
Q

minimum wage

A

12.21

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15
Q

Deficit

A

4.8% GDP
137 Billion

(was up to 15% during covid)

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16
Q

Nominal dept

17
Q

Bond yields

18
Q

fiscal drag

A

45 billion by 2028

19
Q

size of tax burden

A

highest since 1940

20
Q

total amount of QE

A

895 bn reduced now to 652

21
Q

UK growth forecast

22
Q

March inflation

23
Q

highest inflation in 2022

24
Q

bank rate

A

4.25 (cut from 4.5)

25
Cost of servicing dept
120bn year
26
Yield on govt bonds
4.6%
27
NICE decade
63