Skip to main content

Economic deep dive: Q3 2024

Your quarterly guide to the UK economy; making sense of the key trends and what's driving them.

11 Oct 2024, 1 min read

Quarterly highlights:

UK economic recovery stays on track

UK GDP rose by a solid 0.7% in Q1 and 0.5% in Q2, following a year of marginal growth over 2023. CBI surveys suggest that growth over the second half of the year will be slower than in recent quarters.

Inflation remained at 2.2% in August

CPI inflation remained at 2.2% in August, reflecting higher air transport inflation. We project that inflation will pick up slightly more in late 2024 due to energy price base effects. In

Exclusive My CBI member-only content Exclusive My CBI member-only content

Already a member? Sign in
  • Access a member exclusive site

    Access a member exclusive site

    CBI members benefit from the latest economic and political intelligence, thought leadership, practical guides and other exclusives - all on one digital platform

  • Make informed business decisions

    Make informed business decisions

    Scan the horizon and anticipate risks and opportunities, from economic downturns to policy change, with unparalleled intelligence from our experts

  • Gain ideas and inspiration

    Gain ideas and inspiration

    Share challenges and ideas with – and borrow brilliance from – a community of business leaders and experts, and grow your profile among peers

Become a CBI member

My CBI is packed with the latest intelligence and policy updates, as well as inspirational thought leadership and helpful guides designed to support your business to grow. Become a CBI member today to gain access.

Become a member