Public Sector Net Borrowing excluding public sector banks (PSNB ex) was in surplus by £11.2 billion in January 2016. This surplus in borrowing is £1.0 billion higher than in January 2015.
Compared with December 2015, the quantity bought in the retail industry is estimated to have increased by 2.3%.
Visits to the UK by overseas residents rose by 5% to 8.5 million in the period October 2015 to December 2015 compared with the same period a year earlier. £5.1 billion was spent on these visits.
Output per hour in the UK was 18 percentage points below the average for the rest of the major G7 advanced economies in 2014, the widest productivity gap since comparable estimates began in 1991.
For October to December 2015, 74.1% of people aged from 16 to 64 were in work, up 0.4 percentage points from July to September 2015 and up 0.9 from a year earlier.
CPI annual inflation – the government’s target measure – was 0.3% in January 2016, up from 0.2% in December 2015. CPIH annual inflation – the measure of consumer price inflation including owner occupiers' housing costs (not a National Statistic) – was 0.6% in January 2016, up from 0.5% in December 2015.