Economy stats Flashcards
(26 cards)
1
Q
Current growth rate
A
1.1%
2
Q
growth rate in the last two quarters
A
0.1%, 0%
3
Q
Forecast growth
A
0.75% Bank of England
4
Q
Output gap
A
-0.6%
5
Q
GDP per capita
A
£36,000
6
Q
Total GDP
A
£2.851 trillion
7
Q
Unemployment rate
A
4.4%
8
Q
Employment rate
A
75.1%
9
Q
Economic inactivity rate
A
21.4%
10
Q
Wage growth
A
5.9%
11
Q
Job vacancies
A
Falling
12
Q
Youth unemployment
A
13.3%
13
Q
Consumer confidence
A
Very weak
14
Q
Inflation rate - CPI
A
2.6% (disinflation)
15
Q
Inflation expectations
A
3.9%
16
Q
Current account deficit
A
2.6% of GDP
17
Q
Productivity and investment
A
Very poor
18
Q
Minimum wage
A
£12.21 for over 21s
19
Q
Exchange rates
A
Weak
£1:$1.32
£1:€1.16
20
Q
Budget defecit
A
4.8% of GDP
21
Q
National debt
A
95.5% of GDP
22
Q
When are the income tax thresholds suspended until?
A
2028
23
Q
What is the current rate of corp tax?
A
25%
24
Q
VAT
A
20%
25
Bank of England base rate
4.5%
26
Savings ratio
12%
