Scottish economic bulletin: November 2025
Provides a summary of latest key economic statistics, forecasts and analysis on the Scottish economy.
Data and Forecasts Summary
|
Indicator |
Latest Data |
Next Release |
Timeseries |
||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|
Mar |
Apr |
May |
June |
July |
Aug |
Sep |
Oct |
Nov |
|||
|
GDP growth (3-month rolling %) |
0.7% (Aug) |
26 November |
0.5 |
0.0 |
-0.3 |
0.2 |
0.6 |
0.7 |
n/a |
n/a |
n/a |
|
Unemployment rate (%) |
3.7% (Jul - Sep) |
16 December |
4.3 |
4.2 |
3.7 |
3.8 |
3.5 |
3.9 |
3.7 |
n/a |
n/a |
|
Real Earnings growth (YoY %) |
2.3% (Sep) |
19 November |
3.2 |
1.7 |
1.7 |
2.0 |
2.3 |
2.7 |
2.3 |
n/a |
n/a |
|
Inflation rate (CPI YoY %) |
3.8% (Sep) |
19 November |
2.6 |
3.5 |
3.4 |
3.6 |
3.8 |
3.8 |
3.8 |
n/a |
n/a |
|
BoE Base Rate (%) |
4.00% (Nov) |
18 December |
4.50 |
4.50 |
4.25 |
4.25 |
4.25 |
4.00 |
4.00 |
4.00 |
4.00 |
|
Consumer Sentiment (Index) |
-8.1 (Sep) |
26 November |
-8.0 |
-14.3 |
-5.5 |
-6.9 |
-8.8 |
-8.1 |
-8.1 |
n/a |
n/a |
|
Indicator |
Organsiation |
Date of Forecast |
2025 |
2026 |
2027 |
2028 |
|---|---|---|---|---|---|---|
|
GDP growth (YoY %) |
SFC |
May 2025 |
1.1 |
1.8 |
1.7 |
1.6 |
|
Unemployment rate (%) |
SFC |
May 2025 |
4.0 |
4.1 |
4.1 |
4.1 |
|
Nominal Average Earnings growth (YoY %) |
SFC |
May 2025 |
4.3 |
3.9 |
3.0 |
2.9 |
|
Inflation rate (4Q rate in Q4) |
BoE |
November 2025 |
3.5 |
2.5 |
2.0 |
2.1 |
Contact
Email: economic.statistics@gov.scot