Last week, the Economic Research Council hosted our fifth annual economic forecasting event, the “Clash of the Titans”, where we invited three economic experts to give their forecasts for 2016.
Chart of the Week: Week 46, 2015: Core Inflation
October inflation figures from around the world have been released this week, and certainly among most of the advanced economies, headline inflation has remained at near-zero (it was 0.2% in the US, 0.1% in the Euro Area, and -0.1% in the UK).
Chart of the Week: Week 31, 2015: US and UK Recoveries
Last week, we compared the latest UK recession and recovery to historical recessions. This week, we’re comparing the UK recovery to that of the US, where despite first quarter growth problems, the recovery from the recession looks strong.
Chart of the Week: Week 19, 2015: UK Historical Inflation
Next week, Pete Comley is coming to speak to the ERC on “Inflationary Wave Theory”.
Chart of the Week: Week 13, 2015: The Eurozone Recovery
There has been a lot of new data released this week on the Euro Area, and all of it has been positive; unemployment continues to fall (slowly), inflation is back up to closer to 0%, and economic confidence is at its highest since 2011.
Chart of the Week: Week 12, 2015: UK Essentials Inflation
For the first time since they started recording the CPI measure of inflation, the rate of price growth has fallen to 0% (for February).