Tuesday 16 May 2023

No 262: Round Up of UK Economic Data

 LOTS of important UK macro data in the last week or so.

(1) The Base Rate of Interest was put up from 4.25% to 4.5%.

https://www.bbc.co.uk/news/business-65554797

(2) UK GDP Growth in Q1 2023 was only 0.1%.

https://www.bbc.co.uk/news/business-65562888

(3) ***TODAY*** UK unemployment (Q1 2023) has gone up from 3.7% to 3.9%.

https://www.theguardian.com/business/2023/may/16/uk-payroll-fall-unemployment-rate-rises

Referring to such "fresh" data is sure to impress the examiner! Even better if you read the articles above and absorb some more detail.....

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