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Economic forecasts

A quick guide to economic forecasts for the UK and international markets.

Business Confidence Monitor

ICAEW conducts one of the largest and most comprehensive monitors of UK business confidence and is unique in being based 100% on the opinions of finance professionals. ICAEW's UK Business Confidence Monitor (BCM) is a quarterly review of business confidence across all regions, sectors and sizes throughout the UK.

Economic Updates

ICAEW produces monthly bulletins tracking key trends and developments in the UK economy:

In addition, ICAEW publishes quarterly economic forecasts for the Middle East and Mainland China and Southeast Asia, produced by Oxford Economics, ICAEW’s partner and one of the world’s foremost advisory firms:

Useful links: UK

EY ITEM Club Forecasts
Quarterly UK forecasts from Ernst & Young ITEM Club. The Club also publishes special reports on specific aspects of the economy, and a dedicated forecast for Scotland.

HM Treasury: Forecasts for the UK economy
A monthly comparison of independent forecasts summarised by HM Treasury. A guide to GDP deflators, weekly economic indicators and other statistics is also available.

ONS: Key figures
The latest economic indicators from the Office for National Statistics. Figures are collated for prices and inflation, labour market, national accounts/economic activity, balance of payments and trade, and short term indicators like the indices of manufacturing, production and distribution.

London's Economy Today
A monthly publication from the Mayor of London's office providing the latest economic indicators for London and the UK.

OBR: Forecasts in-depth
The Office for Budget Responsibility produces independent forecasts and assessments of public finances and the UK economy. Their site includes an explanation of their research methodology.

LCCI: Quarterly Economic Survey
London Chamber of Commerce & Industry quarterly survey which measures the business mood of firms in the capital.

RICS: Market surveys and economic analysis
Market surveys and analyses from the Royal Institution of Chartered Surveyors (RICS) looking at the UK and European housing and property markets and international economic outlook.

TheCityUK
TheCityUK publishes a series of monthly global economic reports, produced in association with Oxford Economics.

PwC: UK Economic Outlook
A thrice-yearly forecast prepared by PwC.

OECD: UK Economic Snapshot
Regular snapshot from the OECD, providing a concise summary of the United Kingdom's economic trends and prospects.

Useful links: Eurozone

European Commission: Economic forecasts
Forecasts are published by the European Commission's Directorate-General for Economic and Financial Affairs (ECFIN). They cover economic developments at the aggregated level and prospects for individual countries.

Eurostat
The European Commission's statistics hub provides a wide variety of data including GDP growth rates, and other figures on economic trends. 

Deloitte: Eurozone economic outlook
Reports from Deloitte with analysis of regional economic trends.

Useful links: international

You can also find economic forecasts for specific countries within our country resource pages.

Consensus Economics
Fee-based service offering forecasts obtained from over 600 economists. Consensus provides monthly and cover estimates for major macroeconomic variables including growth, inflation, interest rates and exchange rates.

Economist Intelligence Unit
Economic analysis, forecasts and data for countries and regions provided on a subscription or pay-as-you-go basis.

National Institute Economic Review
Quarterly subscription journal from the National Institute of Economic and Social Research (NIESR), giving detailed economic forecasts for the UK and global economies. Includes some open access articles.

OECD Economic Outlook
Regular reports from the OECD, analysing the major global economic trends and prospects for the next two years.

Oxford Economics
Leading global economic advisory firm, offering a range of subscription services.

World Bank: Global Economic Prospects
The World Bank Group’s flagship macroeconomic forecast and analysis report.

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Country-specific economic forecasts

Economic forecasts for specific countries are included on our 'Doing business in...' pages.

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