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GLA Economics’ 32nd London forecast suggests that:
- London’s Gross Value Added (GVA) growth rate is forecast to be 1.6 per cent in 2018. The growth rate is expected to rise slightly to 1.9 per cent in 2019, before reaching 2.2 per cent in 2020.
- London is forecast to see increases in the number of workforce jobs in 2018, 2019 and 2020.
- London’s household income and spending are both forecast to increase over the next three years, albeit at a relatively slow rate.
The data that sits behind the forecast is available to download from the London Datastore.
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