Scottish economic bulletin: May 2024

Provides a summary of latest key economic statistics, forecasts and analysis on the Scottish economy.


Footnotes

1 Economy statistics - gov.scot (www.gov.scot) , GDP monthly estimate, UK Statistical bulletins - Office for National Statistics (ons.gov.uk)

2 Consumer price inflation, UK - Office for National Statistics

3 Bank rate maintained at 5.25% - May 2024 | Bank of England

4 Royal Bank of Scotland PMI report for March 2024 | Royal Bank of Scotland (rbs.co.uk)

5 Business and innovation statistics - gov.scot (www.gov.scot)

6 Producer price inflation, UK Statistical bulletins - Office for National Statistics (ons.gov.uk). Prices of goods bought and sold by UK manufacturers, including price indices of materials and fuels purchased and factory gate prices.

7 Quarterly Economic Indicator - Scottish Chambers

8 Labour market statistics - gov.scot (www.gov.scot)

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

10 Nomis - Official Census and Labour Market Statistics (nomisweb.co.uk)

11 Royal Bank of Scotland Report on Jobs – February 2024 | NatWest Group

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

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

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

15 Monthly Direct Debit failure rate and average transaction amount - Office for National Statistics (ons.gov.uk)

16 Public opinions and social trends, Great Britain - Office for National Statistics

17 Effective interest rates - A visual summary of our data | Bank of England

18 World Economic Outlook, April 2024: Steady but Slow: Resilience amid Divergence (imf.org)

19 OECD Economic Outlook

20 Scotland’s Economic and Fiscal Forecasts – December 2023 – Scottish Fiscal Commission

21 FAI Economic Commentary | FAI (fraserofallander.org)

22 Scottish Economic Outlook - KPMG UK

23 EFOs - Office for Budget Responsibility (obr.uk)

24 Forecasts for the UK economy - GOV.UK (www.gov.uk)

25 Bank rate maintained at 5.25% - May 2024 | Bank of England

Contact

Email: OCEABusiness@gov.scot

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