Media playback is unsupported on your device

Hugh’s review: Is the economy turning?

17 May 2013 Last updated at 15:00 BST

This week the Bank of England unveiled more optimistic forecasts on growth and inflation.

Some independent economists have detected more positive signals. Yet the latest figures showed unemployment increasing again.

So what's happening to the economy?

Hugh Pym has been reviewing the data with Kevin Daly of Goldman Sachs and Ross Walker of Royal Bank of Scotland.