UK Economic Outlook

Rory Macqueen, Stephen Millard, Urvish Patel () and Kemar Whyte ()

National Institute UK Economic Outlook, 2022, issue 7, 6-30

Abstract: As we publish our Summer Economic Outlook, the UK economy may already be in recession and, with consumer price inflation close to double figures, the threat of stagflation has returned for the first time since the 1970s. Though comparisons with that period are generally overstated, the UK economy – following a decade of stagnation and Brexit – was not in a healthy position when the Covid-19 shock arrived: the 'lockdown recession' actually began with a small contraction in the fourth quarter of 2019.

Date: 2022
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Journal Article: 1. UK Economic Outlook (2022)
Journal Article: 1. UK economic outlook (2022)
Journal Article: UK Economic Outlook (2022)
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