The past 12 months have provided both good news and bad for Scotland’s economy – economic growth has picked up during 2018, but overall growth remains low. One reason for the low growth is a lack of productivity growth. This mix of fortunes is also evident in the latest of Deloitte’s Power Up reports, Power Up: UK-Wide Growth. It showed that Scotland’s economy has only grown at around half the UK average rate and while the country has outperformed the UK average in productivity growth over the last 10 years, productivity growth remains low.
|Number of pages||32|
|Journal||Fraser of Allander Economic Commentary|
|Publication status||Published - 11 Dec 2018|
- labour market trends
- Scottish economics
- economic forecasting