Economy : forecast summary

Scottish Fiscal Commission (2025) Economy : forecast summary. In: , (ed.) Scotland's Economic and Fiscal Forecasts. Scottish Fiscal Commission, Edinburgh, pp. 68-83. ISBN 9781911637776

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Abstract

Over the past year, the Scottish economy and labour market have performed slightly better than we expected in December 2023, but broadly on track with our last forecast. Gross Domestic Product (GDP) has increased marginally after being flat since early 2022, and nominal earnings growth has remained relatively strong in a still tight labour market. Stronger earnings growth, combined with lower inflation than expected a year ago, has resulted in living standards recovering more rapidly from their fall in 2022-23.

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• Item metadata

  Item type:	Book Section
  ID code:	94429
  Dates:	Date Event 22 January 2025 Published 4 December 2024 Published Online
  Subjects:	Social Sciences > Economic History and Conditions
  Department:	Strathclyde Business School > Economics
  Depositing user:	Pure Administrator
  Date deposited:	13 Oct 2025 11:32
  Last modified:	22 Jan 2026 10:44
  Related URLs:	https://fiscalcommission.scot/publicatio...
  URI:	https://strathprints.strath.ac.uk/id/eprint/94429