News

Fraser of Allander Institute June Economic Commentary

20-06-2018

Cautious optimism for growth in 2018/19 but lack of clarity on Brexit risks ‘holding back Scotland’s recovery’



Scottish economic growth is set to recover this year but remain below trend according to the University of Strathclyde’s Fraser of Allander Institute. 



In its latest Economic Commentary, the Institute forecasts a 1.2% increase in Scottish GDP in 2018 followed by growth of 1.3% in 2019 and 2020, making its outlook more optimistic than the government’s own official forecaster the Scottish Fiscal Commission. 



To download the latest Fraser Economic Commentary (June 2018) - click here
To view the economic commentary, articles and video please follow this link.


In addition to the Institute’s analysis of the current state of the Scottish economy, the Commentary also contains the following topical articles:



•   The output gap: what is it, how can it be estimated and is it fit for policy makers’ purposes? - J. Darby and S. McIntyre, FAI, University of Strathclyde

•  Could a reduction in alcohol consumption be good news for the UK economy?  Kevin Connolly, Katerina Lisenkova & Peter G. McGregor, FAI, University of Strathclyde

•   Performance of high growth firms in Scotland - J.Turnbull and K.Richmond, Scottish Enterprise

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