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Excel sheets summarising the forecasts published in the latest issues of Economic Prospects (2-year quarterly forecast) and Economic Outlook (6-year quarterly forecast). Regular updates to the 2-year quarterly forecasts are provided.

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Latest forecast 2025-2030 (July 2025)

Date Uploaded: July 22 2025 11:15


We have revised our GDP growth forecast downward again relative to our April projection. However, the Q3 update remains only slightly below the interim forecast published in June at the headline level. As with our recent updates, the forecast continues to face an unusually high level of uncertainty and risk. Unfortunately, many of these factors are expected to persist throughout the remainder of the forecast period.