Macro EconomyMedium•13 October 2026•
1 min read
IMF Raises UK 2026 Economic Growth Forecast to 1.3%
Key Facts
1The IMF has upgraded its UK growth forecast for the current year while noting that risks remain.
The International Monetary Fund (IMF) upgraded its economic growth forecast for the United Kingdom to 1.3% for 2026, up from the 1% projected in July. BBC Business reported that the revision reflects a more optimistic outlook for the British economy, although the fund noted that certain risks remain persistent.
The IMF forecasts that UK inflation will average 3.3% this year, while raising its estimate for next year to 2.8%. This upgrade follows broader global growth trends and a surge in artificial intelligence investment, coinciding with domestic data showing the UK House Price Index (HPI) held steady at 0% month-on-month on October 7, 2026.