It takes the average reader 2 hours and 46 minutes to read Economic and fiscal outlook by Office for Budget Responsibility
Assuming a reading speed of 250 words per minute. Learn more
The Office for Budget Responsibility was established to provide independent and authoritative analysis of the UK's public finances. Part of this role includes producing the official economic and fiscal forecasts. This report sets out forecasts for the period to 2015-16. The report also assesses whether the Government is on course to meet the medium-term fiscal objectives and presents preliminary observations on the long-run sustainability of the public finances. Since the June forecast, the UK economy has recovered more strongly than initially expected. The GDP growth was greater than expected in both the 2nd and 3rd quarters, but that unemployment levels have risen to levels that the June forecast did not anticipate until the middle of 2012. In general the world economy has also grown more strongly. CPI inflation has remained slightly higher than expected in June, whilst public finances have performed as forecast. The interest rates on UK debt are lower than in June. The OBR forecasts that the economy will continue to recover from the recession, but at a slower pace than the recoveries of the 1970s, 1980s and 1990s. The publication is divided into 5 chapters with two annexes.
Economic and fiscal outlook by Office for Budget Responsibility is 164 pages long, and a total of 41,656 words.
This makes it 55% the length of the average book. It also has 51% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 3 hours and 47 minutes to read Economic and fiscal outlook aloud.
Economic and fiscal outlook is suitable for students ages 10 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
When deciding what to show young students always use your best judgement and consult a professional.
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