UK Economic Outlook | KPMG | UK
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UK economic outlook

Moderate, occasionally rough. Visibility poor

Moderate, occasionally rough. Visibility poor

Economic Outlook September 2018

With Brexit just months away, is the British economy on the verge of an unprecedented peacetime shock?

KPMG’s quarterly UK Economic Outlook focuses on this, and a number of similarly vital issues facing the British economy.

Written specifically to address the issues that affect the business community most directly, the September 2018 UK Economic Report,

  • Gives forecasts for the next 18 months on GDP, consumer spending, investment, inflation, unemployment and interest rates annd examines recent performance across the same indicators;
  • Sets out alternative scenarios that businesses need to plan for: on one side a disorderly Brexit; on the other a boost to UK productivity;
  • Includes special sections on the forthcoming Autumn Budget and a regional forecasts for UK house prices.

Read the UK Economic Outlook September 2018 report.

GDP
1.7%
2017
1.3%
2018
1.4%
2019
Inflation vs interest rate (end-of-year)
Cloud
2.7%
0.5%
2017
2.5%
0.75%
2018
2.2%
1.0%
2019
Unemployment rate
4.4%
2017
4.1%
2018
4.0%
2019
* These figures represent our central scenario under which the UK secures a transition agreement after Brexit and a relatively friction-free trade deal after that. Figures for GDP, consumer spending, investment and inflation represent % change on previous year. Figures for house prices are house price changes over the course of the year and interest rates are quoted at the end of the year deal after that. All figures represent annual averages, unless otherwise specified.