We will publish our latest Economic and fiscal outlook (EFO) on Wednesday 23 March, once the Chancellor has completed his Spring Statement in Parliament.

The EFO will present our latest forecast for the economy and public finances, which will include all policy measures announced since our previous forecast in October (including the February energy package).

The economy forecast was closed later than usual for this event, in order to take account of some of the large market movements stemming from the Russian invasion of Ukraine. Specifically, we took market-derived determinants over the five working days from 24 February to 2 March – the first week of the invasion. Given the continued volatility in global financial and energy markets, we will set out the economic and fiscal implications of subsequent developments in the EFO.

Richard Hughes will present our main judgements and conclusions at 14:30 on Wednesday 23 March via Zoom. You can join via the Zoom web app or the desktop program if you have it downloaded. If you are unable to join via Zoom, it is possible to watch via our live stream on our YouTube channel, but we are only able to take questions from Zoom attendees.