ERC – Chart of the Week – UK Stock Market

Summary: The FTSE is 30 years old this year, so we’ve decided to take a look at its inflation adjusted performance over that time.     What does the chart show? The chart shows the monthly FTSE 100 index (an index of the performance of the top 100 companies listed on the FTSE stock exchange). The […]

ERC – Chart of the Week – EU Unemployment Comparison

Summary: Eurostat released the European Union’s latest unemployment statistics at the end of last week, and they showed an overall rate of 12% in December 2013, compared to 11.9% in December 2012. However, as you’d expect, there are vast regional differences.   What does the chart show? The chart shows the latest available unemployment rate […]

ERC – Chart of the Week – UK GDP per Capita

Summary: Encouraging GDP figures were released this week, showing that growth in the final quarter of 2013 was 0.7% on the previous quarter, and annual growth for 2013 was 1.9%. This week’s chart shows how GDP per capita has grown since 1960, and just how severe the 2008 crash was.   What does the chart […]

ERC – Chart of the Week – UK Unemployment and Earnings

Summary: The monthly labour market statistics brought further good news this week as the unemployment rate fell to 7.1% in the three months leading up to November 2013. However, real average weekly earnings have also continued to fall.     Source: The Economic Research Council

ERC – Chart of the Week – Inflation Hits 2% Target

Summary: The CPI measure of inflation hit the Bank of England’s 2% target this week for the first time since November 2009. Officials at the Bank will be pleased, but in truth they had little to do with it.   What does the chart show? The chart shows three things. The red line represents the […]

ERC – Chart of the Week – European Bond Yields

Summary: A lot has been happening in the European bond yield markets this week, as a recent (successful) sale of bonds by the Irish government gave a boost to borrowing rates across Europe, and the gap between UK and German bond yields increased to the largest it has been since 2005.   What does the […]

ERC – Chart of the Week – Historic Household Spending

Summary: The Office for National Statistics’ annual household spending report came out last week, so this week’s chart is on how household spending has changed over the past decade (just in time for Christmas).   What does the chart show? The chart shows an index of household spending since 2001, broken down into several categories. […]

ERC – Chart of the Week – UK Average Earnings Forecasts

Summary: The Economic Research Council’s third annual Clash of the Titans was held last night, and we received three sets of forecasts from three leading economic thinkers (you can see their forecasts in full here). In this week’s chart, we combine their predictions on earnings growth and inflation to see what they think will happen to […]

ERC – Chart of the Week – Clash of the Titans

Summary: As the annual Clash of the Titans economic prediction competition is taking place next week on the 10th December, we’ve taken a look back at last year’s forecasts.   What does the chart show? For each of the three charts, the solid black line shows the previous information that the forecasters were armed with […]

ERC – Chart of the Week – Public Sector Finances

Summary: Public sector finance figures were released at the end of last week, showing that net borrowing had decreased in the financial year 2012/13. We take a look back at the past forty years of public finances.   What does the chart show? The black line, measured against the left hand side, shows the total […]