Macro Stats 2025

Question 1

UK Annual Growth Rate

Answer 1

1.1% (2024)

Stagnating

Question 2

UK Quarterly Growth Rate

Answer 2

Q3 2024 - 0.1%
Q4 2024 - 0%

Question 3

UK Annual Growth Forecast

Answer 3

1% (OBR)
0.75% (BoE)

Dal says optimistic estimates

Question 4

UK Output Gap

Answer 4

-0.6%

Negative output gap diagram

Question 5

UK GDP per Capita

Answer 5

£36,000

Question 6

UK Total GDP

Answer 6

£2.851 Trillion

79% Services
14% Manufacturing
6% Construction
1% Agriculture

Question 7

UK Unemployment Rate

Answer 7

4.4%

Rising unemployment - cyclical unemployment - Natural rate 3.5-3.8%

Question 8

UK Employment Rate

Answer 8

75.1%

Labour Target of 80%

Question 9

UK Economic Inactivity Rate

Answer 9

21.4%

Question 10

UK Wage Growth

Answer 10

5.9%

Higher than inflation

Question 11

UK Job Vacancies

Answer 11

Falling

Sign of loosening labour market

Question 12

UK Youth Unemployment

Answer 12

13.3%

Question 13

UK Consumer Confidence

Answer 13

Very Weak

Question 14

UK Inflation Rate (CPI)

Answer 14

2.6%

Question 15

UK Core Inflation Rate

Answer 15

3.4%

CPI without price volatile items (food, gas etc) - Underlying inflation

Question 16

UK Producer Price Inflation

Answer 16

0.3%

Question 17

UK Inflation Expectations

Answer 17

3.9%

Drives wage bargaining

Question 18

Uk Current Account Deficit

Answer 18

2.6% of GDP

Question 19

UK Productivity and Investment

Answer 19

Very Poor

Keeps UK uncompetitive

Question 20

UK Minimum Wage

Answer 20

£12.21/hour

Question 21

UK Exchange rate

$ €

Answer 21

Weak £
£1 = $1.32
£1 = €1.16

Question 22

How is the US and Euro Area doing

Answer 22

US - Slowing (Trump Trade Policies)
Euro Area - Stagnating

Question 23

UK Budget Deficit

Answer 23

4.8% of GDP (£137bn)

Forecast deficit for fiscal year 24-25

Question 24

UK National Debt

Answer 24

95.5% of GDP

Question 25

UK Bond Yields

Answer 25

4.67%

Question 26

UK Income Tax Bands

Answer 26

0% to £12,570 20% to £50,270 40% to £125,140 45% for >£125,140 | Frozen to April 2028 - Fiscal Drag

Question 27

UK National Insurance

Answer 27

Employees: 12% to 10% to 8% Employers: ↑

Question 28

UK Corpotion Tax

Answer 28

25%

Question 29

UK VAT

Answer 29

20%

Question 30

UK Gini Coefficient

Answer 30

0.357

Question 31

BoE Base Rate

Answer 31

4.5% | Been cut 3 times in the last 8 months from 5.2%

Question 32

UK Average Lending Rate

Answer 32

4.75%

Question 33

UK Banks Willingness to Lend

Answer 33

Good

Question 34

UK Business Confidence

Answer 34

Very Weak | Higher corporation taxes and Trump

Question 35

UK Savings Ratio

Answer 35

12% | Pre-Covid - around 4%

Question 36

UK Quantitative Easing

Answer 36

£895 Billion | During GFC and Covid