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Economic outlook and indicators

January 2018

Our economist, Henk Potts, is optimistic about the prospects for the global economy, which is estimated to grow by 4% this year.

For our latest outlook, Cicero’s Iain Anderson joined Henk to discuss the prospects for the economy over a cup of coffee. After the shock political votes of 2016, 2018 is the year we’ll start to feel the effects. UK growth is set to slow to 1.4%, but the Brexit negotiations are all still to play for.

Watch the video below for more, or you can download Henk and Iain’s conversation as a podcast to hear their full conversation on the go.

UK and global economic outlook

This video was filmed on Friday 19 January 2018.

Download Iain and Henk’s conversation in full as a podcast to listen on the go from any of the following podcasting apps:


Consumer Prices Index 
Source: ONS^ (opens in a new window)
Last updated: 16 January 2018
Next update: 13 February 2018

Price of Milk
Source: ONS^ (opens in a new window) 
Last updated: 16 January 2018
Next update: 13 February 2018

Bank of England Official Base Rate
Source: Bank of England^ (opens in a new window)
Last changed: 2 November 2017
Next update: 8 February 2018

Quarterly GDP growth
Source: ONS^ (opens in a new window)  
Last updated: 26 January 2018
Next update: 22 February 2018

2018 forecast
Source: Barclays
Last updated: 19 January 2018