It might not feel it - the country is still emerging from a six year downturn - but the numbers are puzzlingly good.
After long-awaited good news on the economy, an esteemed report paints a worrying picture of the huge problems the country still faces.
The UK's economy grew by 0.7% during the last quarter of 2013 and by 1.9% over the year but how sustainable is this growth?
David Cameron has hailed the "good news" on economic recovery after the British Chambers of Commerce (BCC) said it believed the UK will grow by 2.8% this year.
The director general of the British Chamber of Commerce has said that UK businesses are "expanding and creating jobs".
John Longworth said: "Our economic recovery is gaining momentum. Businesses across the UK are expanding and creating jobs, and our increasingly sunny predictions for growth are a testament to their drive and ambition."
The BCC expects the first increase in interest rates will happen in the autumn next year - one quarter earlier than previously envisaged, before rising to 1.5% in the second half of 2016. GDP will be 2.5% next year and in 2016.
The UK economy will exceed its pre-recession peak by the summer, according to upgraded forecasts from a leading business lobby group today.
The British Chambers of Commerce now believes the UK will grow by 2.8% this year and that the second quarter will see gross domestic product climb back to the level seen in the first quarter of 2008.
A year ago amid a much gloomier picture for the economy, the BCC predicted the pre-recession peak would not be reached until 2016, although a number of revisions brought this forward to the third quarter of 2014 in December.
Ministers have announced a multi-million pound fund to help create jobs and apprenticeships in seaside towns, including areas hit by flooding.
Fifty different projects will share a pot of £27.7m, which the Treasury said would help create 4,000 jobs and 10,000 apprenticeships and training places.
Among the new schemes is a £1.3m project to develop tourism in Southend and a £300,000 investment in a new technology centre in Hull.
The economy grew by 0.7% during the final quarter of 2013, unrevised from the preliminary estimate, the Office for National Statistics said today.
Energy prices used to get the blame for pushing up inflation but not this month.
Small rises from some energy companies were cancelled out by the removal of green taxes.
Looking at the detail of the components of inflation usually gives some insight in which way the wind is blowing but this month things look to have ground to a halt.
Prices have fallen for peculiar things like "cultural events" - winter prices are lower at some attractions and DVDs.
Upward pressure came from baby wipes and toothbrushes. I¹m not making this up.
Reading the runes in that mix would be very hard except perhaps the very lack of direction tells us that inflation will stay where it is for some time.
The Prime Minister has welcomed the fall in inflation:
Chief Secretary to the Treasury Danny Alexander has said that today's inflation figures are evidence the long term economic plan "is working."
– Danny Alexander
Inflation falling below 2% for the first time since November 2009 is further evidence that our long term economic plan is working. Controlling inflation and rebuilding our economy are the only sustainable ways to secure living standards for the future.
- Read more: Consumer Price Index inflation falls to 1.9%