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.