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An Alternative UK Economic Forecast - NIESR
The current economic environment in the United Kingdom is fraught with uncertainty. Here, we present an economic outlook for the period from December 2024 to November 2025 and review past forecasting performance through a retrospective analysis of our CPI inflation forecasts since May 2024.
Combining our current economic outlook with a retrospective analysis conducted over 2024 offers a clear view of the UK economic trajectory and reveals the strengths and limitations of our forecasting models.
For policymakers, these insights underscore the importance of using short-term models for understanding the conjuncture and long-term projections for strategic decisions. Investors benefit as well by aligning asset allocations with short-term volatility and medium-term stability.
Combining our current economic outlook with a retrospective analysis conducted over 2024 offers a clear view of the UK economic trajectory and reveals the strengths and limitations of our forecasting models.
For policymakers, these insights underscore the importance of using short-term models for understanding the conjuncture and long-term projections for strategic decisions. Investors benefit as well by aligning asset allocations with short-term volatility and medium-term stability.
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