The goal of obrr is to make it easy to retrieve time series of the
latest OBR
forecasts.
You can install the package from GitHub with:
# install.packages("devtools")
devtools::install_github("l-hodge/obrr")The following will retrieve a time series of CPI and RPI inflation, including projections from the OBR.
library(obrr)
# Wide
obr_annual(c("CPI", "RPI"), long = FALSE)
#> year Forecast CPI RPI
#> 1 2009 outturn 2.16532045 -0.5314403
#> 2 2010 outturn 3.29817158 4.6213244
#> 3 2011 outturn 4.46369329 5.1999851
#> 4 2012 outturn 2.82824210 3.2067182
#> 5 2013 outturn 2.56479882 3.0418512
#> 6 2014 outturn 1.46103141 2.3689734
#> 7 2015 outturn 0.04009937 0.9796901
#> 8 2016 outturn 0.65966612 1.7437550
#> 9 2017 outturn 2.68313137 3.5829689
#> 10 2018 outturn 2.47805619 3.3428144
#> 11 2019 outturn 1.79102059 2.5628885
#> 12 2020 outturn 0.85065403 1.5033471
#> 13 2021 outturn 2.58822195 4.0452569
#> 14 2022 forecast 9.14944682 11.6369034
#> 15 2023 forecast 7.35583082 10.7106159
#> 16 2024 forecast 0.62762745 1.4955780
#> 17 2025 forecast -0.77520658 -0.3531997
#> 18 2026 forecast 0.17288174 0.9697391
#> 19 2027 forecast 1.71588852 2.5721322
# Long
obr_annual(c("CPI", "RPI"), long = TRUE)
#> # A tibble: 38 x 4
#> year Forecast Indicator Value
#> <dbl> <fct> <chr> <dbl>
#> 1 2009 outturn CPI 2.17
#> 2 2009 outturn RPI -0.531
#> 3 2010 outturn CPI 3.30
#> 4 2010 outturn RPI 4.62
#> 5 2011 outturn CPI 4.46
#> 6 2011 outturn RPI 5.20
#> 7 2012 outturn CPI 2.83
#> 8 2012 outturn RPI 3.21
#> 9 2013 outturn CPI 2.56
#> 10 2013 outturn RPI 3.04
#> # ... with 28 more rowsYou can use obr_meta() to display available time series - id, title
and units.
| id | name | units |
|---|---|---|
| £PSNB | Public sector net borrowing | £ billion |
| PSNB | Public sector net borrowing | per cent of GDP |
| £PSCR | Public sector current receipts | £ billion |
| PSCR | Public sector current receipts | per cent of GDP |
| £TME | Total managed expenditure | £ billion |
| TME | Total managed expenditure | per cent of GDP |
| CACB | Cyclically-adjusted current budget deficit | per cent of GDP |
| CAPSNB | Cyclically-adjusted public sector net borrowing | per cent of GDP |
| PSND | Public sector net debt | per cent of GDP |
| PSNI | Public sector net investment | Per cent of GDP |
| £CB | Current budget deficit | £ billion |
| CB | Current budget deficit | Per cent of GDP |
| IT | Income tax | £ billion |
| SA IT | Self assessed income tax | £ billion |
| PAYE IT | Pay as you earn (PAYE) income tax | £ billion |
| NICS | National insurance contributions (NICs) | £ billion |
| HSC | National insurance contributions (NICs) | £ billion |
| VAT | Value added tax (VAT) | £ billion |
| Alcohol | Alcohol duties | £ billion |
| Onshore | Onshore corporation tax | £ billion |
| Oilandgas | UK oil and gas revenues | £ billion |
| Fuel | Fuel duties | £ billion |
| Business | Business rates receipts | £ billion |
| CGT | Capital gains tax | £ billion |
| IHT | Inheritance tax | £ billion |
| PTT | Property transaction taxes | £ billion |
| Shares | Stamp taxes on shares | £ billion |
| Tobacco | Tobacco duties | £ billion |
| Spirits | Spirits duties | £ billion |
| Wine | Wine duties | £ billion |
| Beercider | Beer and cider duties | £ billion |
| VED | Vehicle excise duties | £ billion |
| VATrefunds | VAT refunds | £ billion |
| Council | Council tax | £ billion |
| APD | Air passenger duty | £ billion |
| Debtint | Central government gross debt interest | £ billion |
| IPT | Insurance premium tax | £ billion |
| CCL | Climate change levy | £ billion |
| Bank | Bank levy | £ billion |
| Licence | Licence fee receipts | £ billion |
| ETS | Emission trading scheme auction receipts | £ billion |
| Scotland | Scottish taxes | £ billion |
| RDEL | PSCE in RDEL | £ billion |
| CDEL | PSGI in CDEL | £ billion |
| Total welfare | Welfare spending | £ billion |
| Welfare in | Welfare spending: inside welfare cap | £ billion |
| Welfare out | Welfare spending: outside welfare cap | £ billion |
| LASFEcurr | Locally financed current expenditure | £ billion |
| LASFEcap | Locally financed capital expenditure | £ billion |
| PSDebtint | Public sector debt interest | £ billion |
| APF | Reductions of debt interest due to APF | £ billion |
| Netdebtint | Central government debt interest (net of APF) | £ billion |
| PCDebtint | Public corporations’ debt interest | £ billion |
| EU | Expenditure transfers to EU institutions | £ billion |
| Pensions | Net public service pension payments | £ billion |
| PCcapex | Public corporations’ capital expenditure | £ billion |
| NRcur | Network Rail current expenditure | £ billion |
| NRcap | Network Rail capital expenditure | £ billion |
| Ctaxcreds | Company tax credits | £ billion |
| BBCcur | BBC current expenditure | £ billion |
| Lotterycur | National lottery current grants | £ billion |
| Lotterycap | National lottery capital grants | £ billion |
| Studentloans | Student loans expenditure | £ billion |
| Fundedpensions | Funded public sector pension schemes | £ billion |
| GGIpensions | General government imputed pensions | £ billion |
| Taxlit | Tax litigation | £ billion |
| GGdepreciation | General government depreciation | £ billion |
| R&D | Research and development expenditure | £ billion |
| SUME | Single use military expenditure | £ billion |
| NGDP | Nominal GDP | £ billion |
| UKGDP | Real GDP growth | per cent |
| Outputgap | Output gap | Per cent of potential output |
| Demand | Domestic demand | Percentage change on a year earlier |
| HHconsumption | Household consumption | Percentage change on a year earlier |
| Govconsumption | Government consumption | Percentage change on a year earlier |
| Fixedinv | Total fixed investment | Percentage change on a year earlier |
| Businessinv | Business investment | Percentage change on a year earlier |
| Govtinv | General government investment | Percentage change on a year earlier |
| Privatedwellingsinv | Private dwellings investment | Percentage change on a year earlier |
| Inventories | Change in inventories | Percentage change on a year earlier |
| Exports | Exports of goods and services | Percentage change on a year earlier |
| Imports | Imports of goods and services | Percentage change on a year earlier |
| Currentacc£ | Current account | £ billion |
| Currentacc%GDP | Current account | Per cent of GDP |
| CPI | CPI | Percentage change on a year earlier |
| RPI | RPI | Percentage change on a year earlier |
| Deflator | GDP deflator at market prices | Percentage change on a year earlier |
| Empl | Employment | Millions |
| Prod | Productivity per hour | Percentage change on a year earlier |
| Wages&Salaries | Wages and salaries | Percentage change on a year earlier |
| Earnings | Average earnings | Percentage change on a year earlier |
| Unemplrate | ILO unemployment rate | Percentage rate |
| RHHDI | Real household disposable income | Percentage change on a year earlier |
| Savingratio | Saving ratio | Level, per cent |
| Houseprices | House prices | Percentage change on a year earlier |
| HHnetworthtoincome | Household net worth to income ratio | Per cent |
| WorldGDP | World GDP at purchasing power parity | Percentage change on a year earlier |
| Worldtrade | World trade in goods and services | Percentage change on a year earlier |
| EuroGDP | Euro area GDP | Percentage change on a year earlier |
| UKexportmarkets | UK export markets | Percentage change on a year earlier |
| Non-oilPNFCprofits | Non-oil private non-financial corporation profits | Percentage change on a year earlier |
| Oilprices($) | Oil prices | $ per barrel |
| Oilprices(£) | Oil prices | £ per barrel |
| Gas Prices | Gas prices | £/therm |
| Equityprices | Equity prices | FTSE All-Share Index |
| Shorttermrates | Market short-term interest rates | Percentage rate |
| Gilts | Market gilt rates | Percentage rate |
| £€rate | Euro/Sterling exchange rate | €/£ |
| CC | Claimant count | Millions |