Pillar 2B Dictionary 2018: Version 01

Macroeconomicvariable

Enumeration Definition
Bank Rate The official Bank rate as published by the Bank of England.
Commercial real estate prices The year on year percentage change in commercial property prices. A 7.5% annual increase in property prices should be reported as 7.5.
CPI The year on year percentage change of the CPI.
GBP-EUR exchange rate The end of calendar year exchange rate between GBP-EUR.
GBP-USD exchange rate The end of calendar year exchange rate between GBP-USD.
Real GDP The year on year percentage change of real (inflation-adjusted) GDP. A 1% growth in real GDP should be reported as 1.
Residential property prices The year on year percentage change in residential property prices. A 10% annual increase in property prices should be reported as 10.
Unemployment rate The unemployment rate in the UK economy only. If the unemployment rate is 5.2% then this should be reported as 5.2.