Methodology: United Kingdom

EconoMonitor Research Desk Last updated 2026-10-26 Data as of 2026-09-30 (data build of 2026-10-26)

EconoMonitor's United Kingdom series come from the Bank of England and the Office for National Statistics (ONS), monthly or quarterly from January 2006. The Prudential Regulation Authority does not publish banks' regulatory returns centrally, so there is no bank-by-bank UK data yet.

Sources

  • Bank of England Database: Bank Rate, nominal par gilt yields, lending to individuals, consumer credit, secured lending, lending to private non-financial corporations and household M4.
  • Office for National Statistics: real GDP, monthly gross value added, CPI, CPIH and the unemployment rate.

Checks for this dataset

  • Check A: every value rebuilt from the downloaded source file equals the stored value.
  • Check B: ONS GDP growth agrees with growth computed from GDP levels.
  • Check B: the ONS 12-month CPI rate agrees with the change in the CPI index.
  • Check B: the Bank of England's end-month gilt yields equal the last daily yield of each month.
  • Check B: the monthly average Bank Rate lies within that month's range of daily rates.

Units and periods

Monthly values are dated at the last day of the month and quarterly values at the last day of the quarter. Amounts are in pounds sterling as published. Selected Bank of England exchange-rate series and data the Bank licenses from third parties are not used.

Series definitions

Bank Rate

Monthly average of official Bank Rate.

Unit
percent
Frequency
monthly, not applicable
Source
Bank of England Database (Bank of England Database IUMABEDR), series IUMABEDR
Data page
Bank Rate

Consumer credit lending to individuals (amount outstanding)

Amount outstanding of total sterling consumer credit lending to individuals.

Unit
GBP
Frequency
monthly, seasonally adjusted
Source
Bank of England Database (Bank of England Database LPMVZRI), series LPMVZRI
Data page
Consumer credit lending to individuals (amount outstanding)

Consumer prices index, all items

CPI all items index, 2015 = 100.

Unit
index (2015 = 100)
Frequency
monthly, not seasonally adjusted
Source
Office for National Statistics time series (ONS MM23, CDID D7BT), series D7BT/MM23
Data page
Consumer prices index, all items

CPI inflation, 12-month rate

CPI all items, percent change over 12 months, as published by the ONS.

Unit
percent
Frequency
monthly, not seasonally adjusted
Source
Office for National Statistics time series (ONS MM23, CDID D7G7), series D7G7/MM23
Data page
CPI inflation, 12-month rate

CPIH inflation, 12-month rate

CPIH (CPI including owner occupiers' housing costs) all items, percent change over 12 months.

Unit
percent
Frequency
monthly, not seasonally adjusted
Source
Office for National Statistics time series (ONS MM23, CDID L55O), series L55O/MM23
Data page
CPIH inflation, 12-month rate

10-year gilt yield (nominal par)

End-month 10-year nominal par yield from the Bank of England's British Government Stock yield curve.

Unit
percent
Frequency
monthly, not applicable
Source
Bank of England Database (Bank of England Database IUMMNPY), series IUMMNPY
Data page
10-year gilt yield (nominal par)

10-year minus 5-year gilt yield spread

Difference between the end-month 10-year and 5-year nominal par gilt yields.

Unit
percentage points
Frequency
monthly, not applicable
Formula
uk_gilt_10y - uk_gilt_5y
Source
Bank of England Database (Bank of England Database), series IUMMNPY (10-year gilt yield (nominal par)), IUMSNPY (5-year gilt yield (nominal par)); the spread is derived by EconoMonitor
Data page
10-year minus 5-year gilt yield spread

5-year gilt yield (nominal par)

End-month 5-year nominal par yield from the Bank of England's British Government Securities yield curve.

Unit
percent
Frequency
monthly, not applicable
Source
Bank of England Database (Bank of England Database IUMSNPY), series IUMSNPY
Data page
5-year gilt yield (nominal par)

Household M4 deposits and similar (monthly change)

Monthly change in monetary financial institutions' sterling M4 liabilities to the household sector.

Unit
GBP
Frequency
monthly, seasonally adjusted
Source
Bank of England Database (Bank of England Database LPMVVHS), series LPMVVHS
Data page
Household M4 deposits and similar (monthly change)

MFI sterling net lending to individuals (amount outstanding)

Amount outstanding of monetary financial institutions' sterling net lending to individuals.

Unit
GBP
Frequency
monthly, seasonally adjusted
Source
Bank of England Database (Bank of England Database LPMB3RE), series LPMB3RE
Data page
MFI sterling net lending to individuals (amount outstanding)

Monthly gross value added index

Gross value added, monthly index, chained volume measures, seasonally adjusted (the ONS monthly GDP measure).

Unit
index (as published by ONS)
Frequency
monthly, seasonally adjusted
Source
Office for National Statistics time series (ONS monthly GDP, CDID ECY2), series ECY2/MGDP
Data page
Monthly gross value added index

MFI net lending to private non-financial corporations (monthly change)

Monthly change in monetary financial institutions' sterling net lending to private non-financial corporations.

Unit
GBP
Frequency
monthly, seasonally adjusted
Source
Bank of England Database (Bank of England Database LPMVWNQ), series LPMVWNQ
Data page
MFI net lending to private non-financial corporations (monthly change)

Real GDP

Gross domestic product, chained volume measures, seasonally adjusted.

Unit
GBP (chained volume)
Frequency
quarterly, seasonally adjusted
Source
Office for National Statistics time series (ONS QNA, CDID ABMI), series ABMI/QNA
Data page
Real GDP

Real GDP growth (quarter on quarter)

Quarter-on-quarter growth in GDP, chained volume measures, seasonally adjusted, as published by the ONS.

Unit
percent
Frequency
quarterly, seasonally adjusted
Source
Office for National Statistics time series (ONS QNA, CDID IHYQ), series IHYQ/QNA
Data page
Real GDP growth (quarter on quarter)

Net secured lending to individuals (monthly change)

Monthly change in total sterling net secured lending to individuals.

Unit
GBP
Frequency
monthly, seasonally adjusted
Source
Bank of England Database (Bank of England Database LPMVTVJ), series LPMVTVJ
Data page
Net secured lending to individuals (monthly change)

Unemployment rate

Unemployment rate, aged 16 and over, seasonally adjusted (three-month average ending in the month shown).

Unit
percent
Frequency
monthly, seasonally adjusted
Source
Office for National Statistics time series (ONS LMS, CDID MGSX), series MGSX/LMS
Data page
Unemployment rate

Built from data build 20261026T074019Z, exported 2026-10-26.