NIESR with their latest projections on the UK economy

  • UK GDP to grow 6.1% in 2021
  • UK GDP to grow 4.7% in 2022
  • Expects inflation to take longer to fall back to target than BOE does
  • Thinks that BOE will raise rates to 0.5% by Q2 2022, then pause once inflation peaks

For some context, the latest look at UK consumer inflation based on the September report:

UK