Economic statistics, 1 November 2026
Published 1 November 2026 at 18:26 by Sir Oliver Howard KG KC MP. Made with the ONS model (formula).
| Indicator | This release | Previous | Change |
|---|---|---|---|
| The economy | |||
| GDP growth | 1.6% | 1.5% | up 0.1 pts |
| Inflation (CPI) | 1.6% | 1.3% | up 0.3 pts |
| Unemployment | 4.9% | 5.0% | down 0.1 pts |
| Bank Rate | 2.5% | 2.5% | no change |
| Public sector borrowing | £12.2bn | £12.0bn | up £0.2bn |
| Government approval | 39.3% | 39.4% | down 0.1 pts |
| Crime, migration and public services | |||
| Net migration | 451k | 431k | up 20.3k |
| Recorded crime | 86.6 per 1,000 | 89.0 per 1,000 | down 2.4 per 1,000 |
| Prison population | 87.6k | 87.5k | up 0.1k |
| NHS waiting list | 7.4m | 7.4m | down 0.04m |
| Average house price | £273k | £271k | up £1.8k |
Banks and the stock market
| Bank lending since the previous release | £0 |
| Loans that defaulted since the previous release | £0 |
| Saved in the banks | £0 |
| Owed on overdrafts | £0 |
| Tax collected by HM Treasury since the previous release | £0 |
| UKOGB All-Share Index (1,000 = starting prices) | 6000 |
Commentary
GDP growth rose to 1.6% (up 0.1 pts). Inflation (CPI) rose to 1.6% (up 0.3 pts). Unemployment fell to 4.9% (down 0.1 pts). The Bank Rate stayed at 2.5%. Public sector borrowing rose to £12.2bn (up £0.2bn). Government approval fell to 39.3% (down 0.1 pts). Net migration rose to 451k (up 20.3k). Recorded crime fell to 86.6 per 1,000 (down 2.4 per 1,000). Prison population rose to 87.6k (up 0.1k). NHS waiting list was unchanged at 7.4m. Average house price rose to £273k (up £1.8k). 1 Act was given Royal Assent since the last release: Public Safety and Border Security Act 2026 (other; easing immigration; policing). The average gilt yield is 2.72%, 0.22 points above the Bank Rate.