Browse IFS
Publication types
Advanced search
Public Finance Press Releases
January 2005
Article
Public finance bulletin January 2005
Type: Public Finance Press Releases
Authors: Robert Chote, Carl Emmerson and Christine Frayne

Headline Comparisons

  • Central government current receipts in December were 9.4% higher than in the same month last year. Last month's Pre-Budget Report forecast for 2004-05 implies an increase over last year's levels of 7.2% for the year as a whole and of 7.6% for the period from December 2004 to March 2005. The latest figures show an increase over last year's levels of 7.2% in the year to date, and a cumulative increase of 8.2% over last year for the two months since the Pre-Budget Report.

  • Central government current spending in December was 1.5% lower than in the same month last year. Last month's Pre-Budget Report forecast for 2004-05 implies an increase over last year's levels of 5.2% for the year as a whole and of 2.6% for the period from December 2004 to March 2005. The latest figures show an increase over last year's levels of 6.2% for the year to date, and a cumulative increase of 3.0% over last year for the two months since the Pre-Budget Report.

  • Public sector net investment in December was £1.2bn, or 12.9% higher than in the same month last year. Last month's Pre-Budget Report forecast for 2004-05 implies an increase of 59.6% for the year as a whole and an increase of 94.2% for the period from December 2004 to March 2005. The latest figures show an increase over last year's levels of 15.6% for the year to date, and a cumulative increase of 22.1% over last year for the two months since the Pre-Budget Report.

Download full version (PDF 28 KB)

Search

Title (or part of title)
Author surname (or part of surname)

Funders

ESRC

IFS public finance bulletins are generously supported by the Economic and Social Research Council. The analysis is based on IFS calculations and does not reflect the views of the ESRC.
Related research areas
Budget analysis
Public spending and finance
Centres or projects
Monthly public finances analysis
Recent publications
View all Public Finance Press Releases in the series

Recent Public Finance Press Releases

Public finance bulletin: March 2013
IFS analysis of this month's public finance figures.

Public finance bulletin: February 2013
IFS analysis of this month's public finance figures.

Public finance bulletin: January 2013
IFS analysis of this month's public finance figures.

Subscribe via one of these feeds for Public Finance Press Releases:
RSS feed
Atom feed