Headline GDP falls 9.9% in 2020
12-month CPI inflation rate rises to 0.6%
Following six months of growth
1.5 million people unemployed by end of August
GDP fell by 19.8% in three months to June
'Long and painful' road to recovery
Covid-19 has presented the ONS with significant problems calculating inflation during lockdown. Latest Institute for Fiscal Studies research examines the challenges faced.
Likelihood of 30 January rate cut rises