Commons Briefing paper by James Mirza Davies. It was first published on Monday, 1 June 2015. It was last updated on Wednesday, 29 July 2015.

Economic Indicators, June 2015

This month's developments

Inflation remains at zero

The Consumer Price Index (CPI) inflation rate was 0.0% in March, the same rate as in February. These are the joint lowest inflation rates on record. The Bank of England target for CPI inflation is 2%.

Consumer Price Index % change on year since 2007

Employment rate reaches a record high

At 73.4%, the employment rate in December-February 2015 was the highest rate since comparable records began in 1971.

Employment rate since 2007

GDP grew by 0.3% in Q1 2015

GDP growth since 2007 chart

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Secondary information

Type: Research briefing
Reference: CBP-7209
Category: Economic indicators
Subjects: Employment Interest rates Economic growth Inflation National income Pay Manufacturing industries Public expenditure Monetary policy Public finance Retail trade Unemployment Housing market Exchange rates Balance of trade Productivity
Contains statistics: Yes
Published by: Economic Policy and Statistics Section; House of Commons Library
Link: View this Research briefing on researchbriefings.parliament.uk