Scottish economic bulletin: October 2023

Provides a summary of latest key economic statistics, forecasts and analysis on the Scottish economy.

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Footnotes

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

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

3. Energy price cap | Ofgem. The values used from July 2023 are based on the new Typical Domestic Consumption Values approach by Ofgem.

4. Bank rate maintained at 5.25% - September 2023 | Bank of England

5. Royal Bank of Scotland PMI report for August 2023 | Royal Bank of Scotland (rbs.co.uk)

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

7. Quarterly Economic Indicator - Scottish ChambersScottish Chambers

8. Scottish Business Monitor, 2023 Q2 | FAI (fraserofallander.org)

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

10. Royal Bank of Scotland PMI report for August 2023 | Royal Bank of Scotland (rbs.co.uk)

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

12. Scottish Business Monitor, 2023 Q2 | FAI (fraserofallander.org)

13. Scottish Business Monitor, 2023 Q2 | FAI (fraserofallander.org)

14. Quarterly Economic Indicator - Scottish ChambersScottish Chambers

15. Agents' summary of business conditions - 2023 Q3 | Bank of England

16. Royal Bank of Scotland PMI report for August 2023 | Royal Bank of Scotland (rbs.co.uk)

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

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

19. S&P Global, RBS Report on Jobs: Royal Bank of Scotland PMI® - August 2023 | NatWest Group

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

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

22. Retail sales, Great Britain - Office for National Statistics (ons.gov.uk)

23. Monthly Direct Debit failure rate and average transaction amount - Office for National Statistics (ons.gov.uk)

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

25. Effective interest rates - A visual summary of our data | Bank of England

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

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

Contact

Email: OCEABusiness@gov.scot

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