uk stats Flashcards

1
Q

annual growth rate

A

0.1% (2023)

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2
Q

quarterly growth rate

A

-0.3% (Q42023)

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3
Q

annual growth forecast

A

0.8% (2024)

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4
Q

output gap

A

-0.1%

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5
Q

GDP/capita

A

£36,000

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6
Q

total GDP

A

£2.53 trillion
services:79%
manufacturing:14%

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7
Q

unemployment rate

A

4.2%

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8
Q

employment rate

A

74.5%

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9
Q

economic inactivity rate

A

22.2%

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10
Q

wage growth

A

5.6%

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11
Q

job vacancies

A

falling (loose labour market)

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12
Q

youth unemployment

A

11%

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13
Q

consumer confidence

A

very weak

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14
Q

inflation rate (cpi)

A

3.2%

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15
Q

core inflation rate

A

4.2%

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16
Q

producer price inflation

A

0.6%

17
Q

inflation expectations

A

3.3%

18
Q

current account deficit

A

3.2%GDP

19
Q

productivity & investment

A

very poor
(production since the financial crisis and investment since Brexit)

20
Q

min. wage

A

£11.44/hour (high)

21
Q

exchange rate

A

weak, £1=$1.24, £1=$1.16