UK Economic Outlook | KPMG in the UK
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UK economic outlook

Fog in Channel

Fog in Channel

The March quarterly UK Economic Outlook report looks at the challenges businesses are facing and what they should plan for, including Brexit outcomes and areas of growth.

In this edition, KPMG’s Chief Economist, Yael Selfin covers:

  • The latest forecasts for the UK economy
  • The economic backdrop facing UK businesses
  • Future UK trade markets
  • Outlook for UK retail sales

Read the UK Economic Outlook March 2019 report.

 
 
GDP
1.4%
2018
1.2%
2019
1.5%
2020
Inflation vs interest rates
Cloud
2.5%
0.75%
2018
2.0%
1.0%
2019
2.2%
1.0%
2020
Unemployment rate
4.1%
2018
4.1%
2019
4.1%
2020
* 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. Interest rates represent level at the end of calendar year. All figures represent annual averages, unless otherwise specified.