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The UK Economy

Published online by Cambridge University Press:  26 March 2020

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Abstract

  • The economy will contract by 0.5 per cent this year, but grow by 1.3 per cent in 2013.

  • Consumer price inflation will fall below the 2 per cent target by the end of 2012.

  • Unemployment will peak at 8.6 per cent in 2013.

  • We expect the cyclically adjusted current budget to be in surplus in 2016–17.

Type
Other
Information
National Institute Economic Review , Volume 221 , July 2012 , pp. F3
Copyright
Copyright © 2012 National Institute of Economic and Social Research

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