House of Commons Library

Economic Indicators, May 2016

Published Tuesday, May 3, 2016

Analysis of the latest UK and international economic indicators.

Jump to full report >>

GDP growth lower

GDP grew by 0.4% in Q1 2016. This was lower than the 0.6% growth seen in Q4 2015.

Employment and unemployment steady

The employment rate was 74.1% in the quarter to February 2016. The unemployment rate was 5.1%.

Inflation up, but still very low

CPI inflation was 0.5% in the year to March 2016. This is the highest rate of inflation since December 2014, but still below the Bank of England’s target of 2.0%.

Commons Briefing papers CBP-7577

Authors: Matthew Ward; Anna Moses; Chris Rhodes

Topics: Economic policy, Economic situation

Share this page

Stay up to date

  • Subscribe to RSS feed Subscribe to Email alerts Commons Briefing papers

House of Commons Library

The House of Commons Library provides research, analysis and information services for MPs and their staff.