Monthly economic brief: February 2022

Footnotes

1. GDP Monthly Estimates

2. BICS weighted Scotland estimates: data to wave 49 - gov.scot (www.gov.scot)

3. IHS Markit, RBS Purchasing Managers Index: RBS - Private sector output rises at quicker pace in January (rbsbusinesshub.com)

4. IHS Markit/CIPS, Flash UK Composite PMI: 5b1e74ff34b2406cb5cafedb0522f1a4 (markiteconomics.com)

5. BICS weighted Scotland estimates: data to wave 49 - gov.scot (www.gov.scot)

6. BICS weighted Scotland estimates: data to wave 49 - gov.scot (www.gov.scot)

7. IHS Markit, RBS Purchasing Managers Index: RBS - Private sector output rises at quicker pace in January (rbsbusinesshub.com)

8. BICS weighted Scotland estimates: data to wave 49 - gov.scot (www.gov.scot)

9. Labour market trends: February 2022 - gov.scot (www.gov.scot)

10. Earnings and employment from Pay As You Earn Real Time Information, UK - Office for National Statistics (ons.gov.uk)

11. Labour market trends: February 2022 - gov.scot (www.gov.scot)

12. Scotland data (not seasonally adjusted) OD21 - Office for National Statistics (ons.gov.uk)

13. Scotland data (not seasonally adjusted) OD21 - Office for National Statistics (ons.gov.uk)

14. IHS Markit: RBS Report on Jobs for January: 9d2e2f8852fb47589fb0c72da6720c9f (markiteconomics.com)

15. Online job advert estimates - Office for National Statistics (ons.gov.uk)

16. BICS weighted Scotland estimates: data to wave 49 - gov.scot (www.gov.scot)

17. BICS weighted Scotland estimates: data to wave 49 - gov.scot (www.gov.scot)

18. Earnings and employment from Pay As You Earn Real Time Information, seasonally adjusted - Office for National Statistics (ons.gov.uk)

19. The rates of earnings growth during the pandemic need to be interpreted with caution as base effects, compositional factors and the furlough scheme have all influenced the data.

20. The latest consumer sentiment survey was undertaken between 5 – 30 January 2022.

21. Economy statistics - gov.scot (www.gov.scot)

22. Retail sales, Great Britain - Office for National Statistics (ons.gov.uk)

23. Money and Credit - December 2021 - Bank of England

24. Consumer price inflation, UK - Office for National Statistics

25. Producer price inflation, UK - Office for National Statistics (ons.gov.uk)

26. Monetary Policy Report - February 2022 - Bank of England

27. FAI Economic Commentary, 2021 Q4 - FAI (fraserofallander.org)

28. Scotland's Economic and Fiscal Forecasts – December 2021 - Scottish Fiscal Commission

29. Forecasts for the UK economy: February 2022 - GOV.UK (www.gov.uk)

30. World Economic Outlook Update, January 2022: Rising Caseloads, A Disrupted Recovery, and Higher Inflation (imf.org)