Economic Review, January 2015

• Abstract
• Key Points
• Introduction
• GDP growth in 2013 and 2014
• The UK’s economic recovery
• Labour productivity
• Spare capacity and the labour market
• Balance of payments
• Tax receipts, the personal allowance, and the earnings distribution
• The impact of lower oil prices on UK business
• Household inflation rates
• Reference Tables
• Background notes

Key Points

The key economic stories from National Statistics produced over the latest month, painting a coherent picture of the UK economic performance using recent economic data.

Source: Office for National Statistics licensed under the Open Government Licence v.1.0.