17 blog posts found
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FEU Special Topic - Inflation and fiscal policy
Posted: 7 Apr 2022Topic: Economic forecastingSpecial Topic - Inflation and fiscal policy Inflation has increased sharply and is becoming persistent. Monetary policy is the primary tool for addressing inflation, but fiscal policy can play a... -
FEU Special Topic - Omicron Outbreak
Posted: 10 Feb 2022Topic: Economic forecastingSpecial Topic - Omicron Outbreak The Treasury’s initial assessment of the economic impacts of an Omicron outbreak is a transitory hit of between 1.5%-2% of GDP across the first quarter, reducing... -
WEU Special Topic - The economic impacts of global supply chain disruption
Posted: 24 Nov 2021Topic: Economic forecastingSpecial topic: The economic impacts of global supply chain disruption Strong demand for goods in the wake of the COVID-19 pandemic has driven up freight costs, boosting consumer price inflation and... -
The Economic Update cycle: how, why, and when the Treasury is forecasting
Posted: 17 Jun 2021Budget 2021 capped a particularly busy forecasting and fiscal reporting year for the Treasury – one punctuated by September’s Pre-Election Economic and Fiscal Update (PREFU), which is ordinarily in... -
WEU Special Topic – Alert Level Assumptions Refresh (BEFU 2021)
Posted: 23 Apr 2021Topic: Economic forecastingSpecial Topic – Alert Level Assumptions Refresh (BEFU 2021) The economic effects of COVID-19, and the corresponding alert level restrictions and support measures that have been put in place, are now... -
WEU Special Topic - March 2021 Business Talks
Posted: 9 Apr 2021Topic: Economic forecastingSpecial Topic - March 2021 Business Talks Between 3 March and 12 March 2021, officials from the Treasury met with a range of businesses and other organisations to discuss the outlook for the economy... -
WEU Special Topic: HYEFU Business Talks
Posted: 23 Nov 2020Topic: Economic forecastingSpecial Topic: HYEFU Business Talks Between 28 October and 4 November 2020, officials from the Treasury met with a range of businesses and organisations to discuss the outlook for the economy.... -
MEI Special Topic: Budget Economic and Fiscal Update 2019 Business Talks
Posted: 2 Apr 2019During the first two weeks of March, officials from the Treasury met with a range of businesses and business organisations around the country to discuss the outlook for the economy. The information... -
MEI Special Topic: 2018 HYEFU Business Talks
Posted: 25 Jan 2019Topic: Agriculture, Business cycles, Economic forecasting, Government regulation, Industry, Infrastructure, Labour forceDuring the final week of October and early November, officials from the Treasury met with a range of businesses and organisations around the country to discuss the outlook for the economy. The... -
MEI Special Topic: Treasury forecast accuracy
Posted: 25 Jan 2019Topic: Economic conditions, Economic forecasting, Economic growth, Economic indicators, Fiscal policy, Inflation, Public financeThe Treasury regularly carries out an assessment of the accuracy of our biannual forecasts: the Budget Economic and Fiscal Update (BEFU) and the Half Year Economic and Fiscal Update (HYEFU). These...