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UK Forecast Overview
Publication year - 2015
Publication title -
economic outlook
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.1
H-Index - 8
eISSN - 1468-0319
pISSN - 0140-489X
DOI - 10.1111/1468-0319.12146
Subject(s) - underpinning , inflation (cosmology) , economics , macroeconomics , fiscal policy , physics , civil engineering , theoretical physics , engineering
We have nudged down our forecast for GDP growth in 2015 from 3% in January to 2.8% now, reflecting the likelihood of a soft initial reading for Q1 growth. But the outlook remains favourable, with a period of low inflation underpinning strong growth. March's Budget did little to alter the outlook, with fiscal policy in a holding pattern until after May's General Election…