Annual statistics, 2022
Figures for the year 2022, from before the UKOGB website.
| Indicator | This release | Previous | Change |
|---|---|---|---|
| The economy | |||
| GDP growth | 4.0% | 8.6% | down 4.6 pts |
| Inflation (CPI) | 7.9% | 2.6% | up 5.3 pts |
| Unemployment | 3.8% | 4.5% | down 0.7 pts |
| Bank Rate | 3.0% | 0.3% | up 2.8 pts |
| Public sector borrowing | £10.0bn | £12.0bn | down £2.0bn |
| Government approval | 48.0% | 31.0% | up 17.0 pts |
| Crime, migration and public services | |||
| Net migration | 610k | 490k | up 120k |
| Recorded crime | 94.0 per 1,000 | 95.0 per 1,000 | down 1.0 per 1,000 |
| Prison population | 81.0k | 79.0k | up 2.0k |
| NHS waiting list | 7.0m | 6.0m | up 1.00m |
| Average house price | £268k | £256k | up £12.0k |
Commentary
Labour won the general election in May and Howard became Prime Minister, inheriting the highest inflation in thirty years after the energy shock. The new Government capped energy bills and protected pensions and wages.