Our latest Forecast evaluation report focuses on developments in 2013-14, a year that saw growth pick up strongly and the budget deficit narrow further. In particular, we consider why it was that we under-estimated the pick-up in growth from early 2013, but why did the budget deficit not fall more rapidly as a consequence. We also review last year’s conclusions in the light of new outturn data.

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Supporting documents and previous editions can be accessed via the main FER page