Official Statistics

Forecasts for the UK economy: August 2015

A comparison of independent forecasts for the UK economy in August 2015.



Forecasts for the UK economy is a monthly comparison of independent forecasts.

Please note that Forecasts for the UK economy is a summary of published material reflecting the views of the forecasting organisations themselves and does not in any way provide new information on the Treasury’s own views. It contains only a selection of forecasters, which is subject to review.

No significance should be attached to the inclusion or exclusion of any particular forecasting organisation. HM Treasury accepts no responsibility for the accuracy of material published in this comparison.

This month’s edition contains medium term forecasts up to 2019.

The next edition will be released on 23 September 2015.

If you have any queries regarding official forecasts please contact the Office for Budget Responsibility.

This document was updated in October 2015 with minor amendments to tables 3, 6, M1 and M7.

Published 19 August 2015
Last updated 8 October 2015 + show all updates
  1. In Table 3 and Table 6 Morgan Stanley’s Current account forecasts have been made negative. In Table 3 ITEM Club’s Claimant unemployment (Q4 millions) forecast has changed from 2.1 to 0.8 and from 2.0 to 0.7 in Table 6. In Table M1 Capital Economics’ GDP Deflator (percentage change) forecast has changed from -14.4 to 2.2. In Table M7 all of EIU’s forecasts have been made negative.
  2. Updated with minor amendments to tables M1 and M2.
  3. First published.