Monthly economic brief: July 2021

Footnotes

1 https://www.gov.scot/collections/economy-statistics/

2 BICS weighted Scotland estimates: data to wave 34. https://www.gov.scot/collections/business-and-innovation-statistics/#businessimpactofcoronavirus(covid-19)survey(bics)

3 IHS Markit, RBS Purchasing Managers Index, June 2021. b210bf6333d94b17af4dd1ce10beb2fd (markiteconomics.com)

4 BICS weighted Scotland estimates: data to wave 34. https://www.gov.scot/collections/business-and-innovation-statistics/#businessimpactofcoronavirus(covid-19)survey(bics)

5 IHS Markit/CIPS Flash UK Composite PMI (July): 081555c449834abd84e8ca89d36e0118 (markiteconomics.com)

6 UK regional trade in goods statistics: first quarter 2021 - GOV.UK (www.gov.uk)

7 UK overseas trade in goods statistics: May 2021 - GOV.UK (www.gov.uk)

8 BICS weighted Scotland estimates: data to wave 34. https://www.gov.scot/collections/business-and-innovation-statistics/#businessimpactofcoronavirus(covid-19)survey(bics)

9 Coronavirus Job Retention Scheme statistics: 29 July 2021 - GOV.UK (www.gov.uk)

10 BICS weighted Scotland estimates: data to wave 34. https://www.gov.scot/collections/business-and-innovation-statistics/#businessimpactofcoronavirus(covid-19)survey(bics)

11 BICS weighted Scotland estimates: data to wave 34. https://www.gov.scot/collections/business-and-innovation-statistics/#businessimpactofcoronavirus(covid-19)survey(bics)

12 https://www.gov.scot/collections/labour-market-statistics/

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

14 https://www.gov.scot/collections/labour-market-statistics/

15 IHS Markit: RBS Report on Jobs: 173e8f5822dc463499fef4450d1fad66 (markiteconomics.com)

16 Vacancies and jobs in the UK - Office for National Statistics (ons.gov.uk)

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

18 https://www.gov.scot/collections/economy-statistics/#scottishconsumersentimentindicator(scsi) Due to the coronavirus pandemic, data was not collected in the last two weeks of March 2020 and in April and May 2020.

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

20 Please note that data is not available for all Local Authorities in Scotland.

21 Money and Credit - June 2021 | Bank of England

22 How have households spending expectations changed since last year | Bank of England

23 Consumer price inflation, UK - Office for National Statistics

24 Bank Rate maintained at 0.1% - June 2021 | Bank of England

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

26 World Economic Outlook Update, July 2021: Fault Lines Widen in the Global Recovery (imf.org)

27 https://www.bankofengland.co.uk/monetary-policy-report/2021/may-2021

28 Forecasts for the UK economy: July 2021 - GOV.UK (www.gov.uk)

29 https://www.fiscalcommission.scot/forecast/scotlands-economic-and-fiscal-forecasts-january-2021/

30 FAI Economic Commentary, 2021 Q2 | FAI (fraserofallander.org)