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Macro - Country Economic Forecasts - United Kingdom

Publisher Oxford Economics
Published May 20, 2022
Length 9 Pages
SKU # OFE17190293

Description

Macro - Country Economic Forecasts - United Kingdom

We've become gloomier about UK growth prospects, leading us to cut our forecasts for 2022 and 2023 GDP growth by 0.2ppts each to 3.6% and 1.4%, respectively. While inflation has probably peaked, renewed supply-chain disruptions and a weaker pound will keep price pressures higher for longer, and the MPC is set to tighten more aggressively than we previously anticipated.

Table of Contents

9 Pages
UK: Higher inflation and inflation rates dim growth Forecast
Forecast overview
Recent developments
Short-term outlook
Key drivers of our Short-term Forecast
Economic risk
Economic risk evaluation
risk warnings
What to watch out for
Exposure to Key global risks
Long-term prospects
Background
Economic development
Structure of The economy
Balance of payments and Structure of trade
Policy
Politics
How Do Licenses Work?
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