Budget Report

The Treasury Chancellor presents the economic forecast for next year, containing details about GDP growth estimates, spending and borrowing forecasts as well as fiscal stimulus.

Most recent - Tuesday 3 March 2026 12:30

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Date
Tuesday 3 March 2026 12:30
Wednesday 26 November 2025 12:30
Wednesday 26 March 2025 12:30
Wednesday 6 March 2024 12:30

Economic context

Recent economic data has been moderately bullish for GBP. The following recent announcements may affect the market reaction to Budget Report:

PreviousLatest
S&P Global Composite PMIBullish change5253.1
S&P Global Manufacturing PMIBullish change51.952.8
S&P Global Services PMIBullish change52.153.1
Retail Sales (MoM)Bearish change0.7%-0.4%
Retail Sales (YoY)Bearish change2.7%0.8%
Retail Sales ex-Fuel (MoM)Bearish change0.9%-0.7%
Retail Sales ex-Fuel (YoY)Bearish change2.9%0.8%
GfK Consumer ConfidenceBearish change-13-24
Consumer Price Index (MoM)Bearish change0.5%0.4%
Consumer Price Index (YoY)Bullish change3.1%3.5%
Core Consumer Price Index (YoY)Bullish change2.6%2.8%
PPI Core Output (MoM) n.s.a(no change)0.2%0.2%
PPI Core Output (YoY) n.s.a Bullish change2.8%2.9%
Producer Price Index - Output (MoM) n.s.aBullish change0.7%0.8%
Retail Price Index (MoM)Bearish change0.6%0.1%
Retail Price Index (YoY)Bullish change3.4%3.9%
Average Earnings Excluding Bonus (3Mo/Yr)Bullish change3.6%3.7%
Average Earnings Including Bonus (3Mo/Yr)Bearish change3.9%3.7%
Claimant Count ChangeBearish change7K30.3K
Claimant Count Rate(no change)4.4%4.4%
Employment Change (3M)Bullish change67K102K
ILO Unemployment Rate (3M)Bullish change4.9%4.7%
Gross Domestic Product (MoM)Bearish change0.4%0.1%
Industrial Production (MoM)Bullish change0.3%0.8%
Manufacturing Production (MoM)Bullish change1%1.2%
BRC Like-For-Like Retail Sales (YoY)Bullish change0.5%1%

About Budget Report

Country:United Kingdom
Currency:GBP
Source:
Category:Politics
Frequency:Irregular
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