Monthly economic brief: June 2023

Footnotes

1. Economy statistics - gov.scot (www.gov.scot)

2. Consumer price inflation, UK - Office for National Statistics

3. Bank Rate increased to 5% - June 2023 | Bank of England

4. Monetary Policy Report - May 2023 | Bank of England

5. Customers to pay less for energy bills from summer | Ofgem

6. Predictions and Insights into the Default Tariff Cap - Cornwall Insight (cornwall-insight.com)

7. Royal Bank of Scotland PMI report for May 2023 | Royal Bank of Scotland (rbs.co.uk)

8. Business and innovation statistics - gov.scot (www.gov.scot)

9. Producer price inflation, UK Statistical bulletins - Office for National Statistics (ons.gov.uk)

10. Business and innovation statistics - gov.scot (www.gov.scot)

11. S&P Global, CIPS UK Manufacturing PMI: 45d54ac2ea9b4d74bdc4adc2c6c22ee6 (spglobal.com)

12. Scottish Business Monitor, 2023 Q1 | FAI (fraserofallander.org)

13. https://www.bankofengland.co.uk/agents-summary/2023/2023-q2

14. Labour market statistics - gov.scot (www.gov.scot)

15. S&P Global, RBS Report on Jobs: Royal Bank of Scotland Report on Jobs – May 2023 | NatWest Group

16. Business and innovation statistics - gov.scot (www.gov.scot)

17. Earnings and employment from Pay as You Earn Real Time Information, seasonally adjusted - Office for National Statistics (ons.gov.uk)

18. Economy statistics - gov.scot (www.gov.scot)

19. https://www.gfk.com/press/uk-consumer-confidence-improves-on-personal-finances

20. Public opinions and social trends, Great Britain - Office for National Statistics

21. https://www.ons.gov.uk/businessindustryandtrade/retailindustry/bulletins/retailsales/may2023

22. https://www.bankofengland.co.uk/statistics/money-and-credit/2023/may-2023

23. Interest-bearing sight deposits are accounts where the entire balance is accessible without penalty. Interest-bearing time deposits are accounts where the balance is not accessible without penalty.

24. The Mortgage Crunch Resolution Foundation

25. OECD Economic Outlook

26. Monetary Policy Report - May 2023 | Bank of England

27. Forecasts for the UK economy - GOV.UK (www.gov.uk)

28. Scotland's Economic and Fiscal Forecasts – May 2023 | Scottish Fiscal Commission