U.K.

 Pre-Meeting Forecasts,Oct 2005                                           Project LINK - UN/DIESA Oct. 26th 2005

                                  |  2003    2004  %chg    2005  %chg    2006  %chg    2007  %chg    2008  %chg  |
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                              Aggregate Demand (Millions of Pounds, Current Prices)
 Priv consumption     99 CN       |698854. 733405.   4.9 759345.   3.5 789729.   4.0 825557.   4.5 864099.   4.7 |
 Publ consumption    640 GN       |239911. 254520.   6.1 254711.   0.1 261473.   2.7 283822.   8.5 302621.   6.6 |
 Investment          853 IFN      |163458. 176109.   7.7 185403.   5.3 196224.   5.8 207953.   6.0 220341.   6.0 |
  Priv investment    859 IFPN     |137491. 145605.   5.9 148203.   1.8 151633.   2.3 157617.   3.9 163806.   3.9 |
  Publ investment    857 IFGN     | 25967.  30504.  17.5  37200.  22.0  44590.  19.9  50336.  12.9  56535.  12.3 |
 Inventory change    476 IIN      | 12967.  13911.   7.3   9507. -31.7  37426. 293.6  27131. -27.5  24638.  -9.2 |
 Export good+serv     40 XN       |287644. 288414.   0.3 309188.   7.2 326436.   5.6 336019.   2.9 352938.   5.0 |
 Import good+serv     41 MN       |315972. 324232.   2.6 348985.   7.6 370244.   6.1 384092.   3.7 400537.   4.3 |
 Factor cost adj     758 FCAN     |138311. 152171.  10.0 162286.   6.6 172769.   6.5 183681.   6.3 195631.   6.5 |
 Gross dom  prod     740 GDPNE    |949174. 989905.   4.3 *******   2.0 *******   6.2 *******   4.2 *******   5.1 |
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                                Aggregate Demand (Millions of Pounds, 1985 Prices)
 Priv consumption    105 C        |382303. 396447.   3.7 403582.   1.8 412859.   2.3 424802.   2.9 437975.   3.1 |
 Publ consumption    133 G        |102977. 105654.   2.6 107450.   1.7 110137.   2.5 112890.   2.5 115712.   2.5 |
 Gross investment    182 IFK      |104219. 109325.   4.9 112496.   2.9 116095.   3.2 120389.   3.7 124842.   3.7 |
  Priv investment    186 IFP      |100505. 104833.   4.3 106823.   1.9 109310.   2.3 113719.   4.0 118495.   4.2 |
  Publ investment    178 IFG      | 15899.  17642.  11.0  20200.  14.5  22482.  11.3  23539.   4.7  24386.   3.6 |
 Inventory change    252 II       |  7244.   7727.   6.7   4620. -40.2   2708. -41.4  13571. 401.1  13106.  -3.4 |
 Export good+serv    279 X        |222996. 231692.   3.9 241423.   4.2 253373.   4.9 267739.   5.7 283589.   5.9 |
 Import good+serv    281 M        |276232. 292561.   5.9 304995.   4.3 321337.   5.4 339541.   5.7 358328.   5.5 |
 Factor cost adj.    282 FCA      | 77645.  80199.   3.3  82340.   2.7  84538.   2.7  86790.   2.7  89108.   2.7 |
 Gross dom  prod     794 GDPE     |474081. 489249.   3.2 497564.   1.7 509084.   2.3 523750.   2.9 540185.   3.1 |
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                          Balance of Payments (Billions of U.S. Dollars, Current Prices)
 Exports            1383 VXLB     |  307.9   349.6  13.5   367.5   5.1   378.1   2.9   408.8   8.1   440.4   7.7 |
 Imports            1384 VMLB     |  385.7   456.9  18.5   482.9   5.7   500.5   3.6   541.1   8.1   576.3   6.5 |
 FOB trade bal      1446 TBL      |  -77.8  -107.3  37.9  -115.5   7.6  -122.4   6.0  -132.3   8.1  -135.9   2.7 |
 Current bal US$    1386 BALD     |  -27.6   -42.7  54.6   -35.2 -17.5   -42.5  20.6   -65.5  54.2   -46.0 -29.7 |
 Current bal/GDPN    819 BAL%     |  -1.53   -2.04  33.9   -1.67 -18.3   -1.93  15.4   -2.72  41.1   -1.74 -36.2 |
 Exch rate(loc/$)     68 PND%D    | 0.6122  0.5458 -10.8  0.5470   0.2  0.5609   2.5  0.5388  -3.9  0.5129  -4.8 |
 DM/PND               62 DM%PND   | 2.8260  2.8827   2.0  2.8612  -0.7  2.8625   0.0  2.8850   0.8  2.9125   1.0 |
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                          Balance of Payments (Billions of U.S. Dollars, Current Prices)
 Exports SITC 0-1   1413 VXL01    |   22.9    25.6  11.7    25.7   0.5    27.0   5.0    28.9   7.0    30.5   5.7 |
         SITC 2+4   1414 VXL24    |   10.0    11.1  11.7    11.2   0.5    11.5   2.8    12.1   5.6    12.7   4.4 |
         SITC 3     1415 VXL3     |   34.0    39.7  16.9    55.7  40.2    60.2   8.1    58.7  -2.6    56.4  -3.9 |
         SITC 5-9   1416 VXL59    |  237.4   265.1  11.7   266.3   0.5   270.7   1.6   299.7  10.7   330.6  10.3 |
        All goods   1417 VXL09    |  304.2   341.6  12.3   358.9   5.1   369.4   2.9   399.3   8.1   430.2   7.7 |
 Imports SITC 0-1   1423 VML01    |   34.8    40.2  15.6    41.1   2.2    43.5   6.0    46.6   7.1    48.8   4.8 |
         SITC 2+4   1424 VML24    |   18.6    21.5  15.6    22.0   2.4    22.7   3.1    24.1   6.2    25.1   3.8 |
         SITC 3     1425 VML3     |   27.3    42.5  55.7    58.9  38.6    63.7   8.1    62.6  -1.7    60.2  -3.8 |
         SITC 5-9   1426 VML59    |  290.8   336.1  15.6   343.4   2.2   352.4   2.6   388.2  10.1   421.1   8.5 |
        All goods   1427 VML09    |  371.5   440.3  18.5   465.4   5.7   482.3   3.6   521.5   8.1   555.2   6.5 |
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                                             Key Economic Indicators
 GDP deflator        213 PGDP     | 2.0039  2.0252   1.1  2.0312   0.3  2.1077   3.8  2.1364   1.4  2.1763   1.9 |
 Priv cons defl      100 PC       | 1.8295  1.8514   1.2  1.8829   1.7  1.9142   1.7  1.9447   1.6  1.9742   1.5 |
 Priv inv defl        92 PIF      | 1.5088  1.5540   3.0  1.5929   2.5  1.6367   2.8  1.6758   2.4  1.7152   2.4 |
 Exports defl        830 PX       | 1.2312  1.2220  -0.8  1.2610   3.2  1.2884   2.2  1.2745  -1.1  1.2836   0.7 |
 Imports defl        762 PM       | 1.0717  1.0664  -0.5  1.1042   3.5  1.1283   2.2  1.1233  -0.4  1.1259   0.2 |
 Retail price idx    530 RPI      | 1.9164  1.9739   3.0  2.0331   3.0  2.0858   2.6  2.1403   2.6  2.2005   2.8 |
 Wage rate index     459 WSI      |  269.9   280.1   3.8   292.1   4.3   304.6   4.3   317.1   4.1   330.0   4.1 |
 Unemployment(%)     451 U        | 3.0642  2.7801  -9.3  2.8178   1.4  2.9832   5.9  3.0078   0.8  2.9204  -2.9 |
 Ind. prod. index    298 PROD     | 119.82  120.97   1.0  120.53  -0.4  121.56   0.9  123.17   1.3  124.78   1.3 |
 Interest rate(3)    694 RS       |  3.503   4.356  24.3   4.455   2.3   4.056  -9.0   4.037  -0.5   4.275   5.9 |
 Base rates           47 RLB      |  3.687   4.585  24.3   4.690   2.3   4.270  -9.0   4.250  -0.5   4.500   5.9 |
 Money supply        975 KM4N     | 4371.4  4756.1   8.8  5246.0  10.3  5581.0   6.4  5944.4   6.5  6315.1   6.2 |
 PSBR                937 PSBR     | 38404.  28004. -27.1  30943.  10.5  28454.  -8.0  29627.   4.1  30511.   3.0 |
 PSBR/GDPNM          940 PSBRM    |   2.97    1.91 -35.7    2.00   5.0    1.73 -13.7    1.64  -5.1    1.47 -10.1 |
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Generated October 28, 2005.
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