Economic Analysis

Commenting on the latest GDP figures published today (Wednesday) by the Office for National Statistics, which show overall growth of just 0.4% and falls in manufacturing and construction, TUC General Secretary Frances O’Grady said: “Falls in manufacturing and construction are a serious concern, keeping growth at a three-year low. The...
27 April 2016
Commenting on the latest inflation figures published today (Tuesday), which show Consumer Price Index (CPI) inflation up to 0.5%, TUC General Secretary Frances O’Grady said: “Despite a small rise, the overall picture is still of very low inflation. It indicates that the economy is still not at full strength, with...
12 April 2016
Commenting on the latest inflation figures published today (Tuesday), which show that Consumer Price Index (CPI) inflation has risen slightly to 0.3 %, while core inflation has fallen from 1.4% to 1.2 %, TUC General Secretary Frances O’Grady said: “Continuing low inflation is a sign that the economy is not operating at full strength.
16 February 2016
This quarterly TUC report provides an analysis of UK economic and labour market developments over recent months.
15 February 2016
Commenting on today’s (Friday) figures from the Office for National Statistics, which confirm that construction output fell into recession again over the second half of 2015, TUC General Secretary Frances O’Grady said: “The Chancellor’s re-balancing act is failing. Manufacturing is back in decline, and construction is now back in recession,...
12 February 2016
Commenting on the publication today by the Office for National Statistics of December figures on manufacturing, which show that output is down 1.7% on a year ago and down 7.5% on the pre-crisis peak, TUC General Secretary Frances O’Grady said: “These disappointing figures coincide with a cross-party group of MPs...
10 February 2016
Commenting on new trade figures published today by the Office for National Statistics, which show a widening of the calendar year trade deficit as exports sales have continued to decline, TUC General Secretary Frances O’Grady said: “Another poor set of trade and export figures is no surprise given how little...
09 February 2016
Commenting on the latest GDP figures published today (Thursday) by the Office for National Statistics, which show overall growth of 0.5% but no growth in manufacturing and construction now in recession, TUC General Secretary Frances O’Grady said: “It's a big concern how fragile the recovery still looks, and how unbalanced...
28 January 2016
Average pay (median) in Britain is still worth £2,270 less in real terms than it was in 2008 – a shortfall of £44 a week – according to new analysis published by the TUC today (Friday). TUC General Secretary Frances O’Grady said: “Working people deserve a fair share of the...
22 January 2016
Commenting on the latest inflation figures published today (Tuesday), which show Consumer Price Index (CPI) inflation has risen slightly to 0.2%, TUC General Secretary Frances O’Grady said: “Continuing low inflation and a slowdown in growth show the recovery is becoming more vulnerable.
19 January 2016

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