Scottish economic bulletin: July 2026

Footnotes

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

2 GDP monthly estimate, UK - Office for National Statistics

3 Consumer price inflation, UK - Office for National Statistics

4 Weekly road fuel prices - GOV.UK

5 Energy price cap will rise by 13% from July | Ofgem

6 Cornwall Insight cap prediction from 29 June 2026, using new TDCVs indicates a 0.5% decrease in the EPC in Q4 2026. Predictions & Insights into the Default Tariff Cap (Price Cap) - Cornwall Insight

7 Bank Rate maintained at 3.75% - June 2026 Monetary Policy Summary and Minutes | Bank of England

8 Monetary Policy Report - April 2026 | Bank of England

9 Bank of England Database

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

11 Purchasing Managers’ Index Reports | Royal Bank of Scotland , Purchasing Managers’ Index Reports | NatWest Business , S&P Global - PMI Press Releases

12 Business and innovation statistics - gov.scot

13 Producer price inflation, UK - Office for National Statistics

14 Purchasing Managers’ Index Reports | Royal Bank of Scotland , Purchasing Managers’ Index Reports | NatWest Business , S&P Global - PMI Press Releases

15 Purchasing Managers’ Index Reports | Royal Bank of Scotland , Purchasing Managers’ Index Reports | NatWest Business , S&P Global - PMI Press Releases

16 Scottish Business Sentiment Index - gov.scot

17 The BSI remains in development, and we welcome further comments from users on how best to present the results.

18 Labour market statistics - gov.scot

19 Earnings and employment from Pay As You Earn Real Time Information, seasonally adjusted - Office for National Statistics

20 Nomis - Official Census and Labour Market Statistics

21 Textkernel new online job adverts - Office for National Statistics

22 Purchasing Managers’ Index Reports | Royal Bank of Scotland , Purchasing Managers’ Index Reports | NatWest Business , S&P Global - PMI Press Releases

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

24 World Bank: Global Economic Prospects

25 OECD Economic Outlook, Volume 2026 Issue 1 | OECD

26 Forecasts for the UK economy: June 2026 - GOV.UK

27 Monetary Policy Report - April 2026 | Bank of England

28 Bank Rate maintained at 3.75% - June 2026 Monetary Policy Summary and Minutes | Bank of England