2.6 Trends in Macroeconomics Indicators

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How has GDP and productivity is grown in 2025

by 0.7% in Feb to April 2025

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how did service output increase from feb to april 2025 in the uk

1.3%

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what was CPI inflation in the UK in May 2025

3.4% (down from 3.5% in april)

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inflation in the eurozone in may 2025

1.9% (down from 2.2% in april)

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how many people were in employment between febuary to april 2025 in the uk

34.01 milion

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employment rate in 2025

75.1%

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unemployment rate in 2025

4.6%

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overall uk competitiveness

output per worker has stagnated since 2010
this, compounded by a national living wage means that the Uk faces higher unit labour costs than some other nations
means UK exports may be more expensive than those of other nations, and therefore less competitive