Reuters Poll: What Does the Latest Survey Say About UK Growth and Inflation?

Reuters' latest poll of economists projects UK GDP growth of 1.3% in 2026 and 1.2% in 2027. In the September poll, growth forecasts for those two years stood at 1.1% and 1.2%, respectively. UK inflation is also expected to average 3.6% in the fourth quarter of 2026 […]

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Britain's gross domestic product is expected to grow by 1.3 percent in 2026 and 1.2 percent in 2027, according to a Reuters poll of economists. In the September survey, the growth forecast for these two years was 1.1 and 1.2 percent, respectively.

It is also expected that UK inflation will average 3.6% in the fourth quarter of 2026, 3.8% in the first quarter of 2027, and 3% in the whole year of 2027. In the September survey, these predictions were 3.3, 3.2 and 2.5 percent, respectively.

In the interest rate section, 54 out of 63 economists have predicted that the Bank of England will increase the bank interest rate to 4% on November 5. In a previous poll, 54 out of 65 economists expected interest rates to remain unchanged.