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Quarterly Economic Forecast

Quarterly Economic Forecast

QUARTERLY ECONOMIC FORECAST

PRODUCING RELIABLE PROJECTIONS FOR THE UK ECONOMY

Explore the economic forecast ranked top four of 2021 by the Sunday Times.

The Quarterly Economic Forecast (QEF) is the BCC’s forecast of key indicators for the UK economy, including GDP, inflation, imports, exports, and the labour market. It is used extensively by the UK Government, Bank of England, and global institutions.

Renowned for its accuracy, the QEF was ranked among the top four most accurate UK economic forecasts by the Sunday Times in 2021.

Compiled by our policy team in association with Cambridge Econometrics, the QEF harnesses insights from across the Chamber Network to produce reliable forecasts. As such, it has become a valuable resource for policymakers, including the Treasury, and also attracts significant media attention.

The latest version of the forecast is available below. For more information, please contact our Research team.

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Quarterly Economic Forecast

QUARTERLY ECONOMIC FORECAST

Latest Results

DOWNLOAD Q1 2024 REPORT
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DOWNLOAD Q4 2022 REPORT
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DOWNLOAD Q2 2022 REPORT
DOWNLOAD Q1 2022 REPORT
DOWNLOAD Q4 2021 REPORT
DOWNLOAD Q3 2021 REPORT
DOWNLOAD Q2 2021 REPORT
DOWNLOAD Q1 2020 REPORT
DOWNLOAD Q4 2019 REPORT
DOWNLOAD Q3 2019 REPORT
DOWNLOAD Q2 2019 REPORT
DOWNLOAD Q1 2019 REPORT

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Quarterly Economic Survey

Established in 1989, the UK’s largest and longest-running independent business sentiment survey with 5k responses per quarter.

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Sunday TImes Ranking: Accurate UK Economic forecasts
GDP Growth
Inflation Q4
Score out of 10
Outturn
4%
11%
10
Capital Economics
4%
4%
8
Beacon Economics Forecasting
4%
5%
7
British Chambers of Commerce
4%
5%
7
NatWest Markets
4%
5%
6