Macro stats for 2025 (Inflation/trade) Flashcards
Stats on 2025 UK stats and inflation (10 cards)
1
Q
What is the current CPI inflation?
A
2.6%, lower than recent past such as 11% in October 2020
2
Q
What will happen to inflation?
A
Fall due to the low growth and threat from tariffs leading to low confidence
3
Q
What is the producer price inflation level?
A
0.3% (future predictor)
4
Q
What is the expected inflation level?
A
3.9%
5
Q
What is the wage growth in the UK?
A
5.9%
6
Q
What is the current account deficit in the UK?
A
2.6% (low due to low AD)
7
Q
How has productivity been recently?
A
Very poor
8
Q
What is the minimum wage in the UK for over 21’s?
A
£12.21 per hour (very high), hard to export
9
Q
What is the exchange rate of the pound?
A
Weak, £1 to $1.32 (bad for UK due to lack of manufacturing base and lack of domestic substitutes)
10
Q
How are US and Euro area?
A
Slowing and Stagnating
