Five charts that will shape Jeremy Hunt’s budget

From cooling inflation to easing staff shortages, we look at the factors behind the chancellor’s spending choices

• Hunt to announce £4bn boost for childcare in England

Jeremy Hunt will announce his budget on Wednesday with the government under pressure to provide more support on soaring living costs, and as the global economy grapples with the collapse of Silicon Valley Bank.

The chancellor is widely expected to announce an extension of financial support for energy bills and policies to encourage more people into work, alongside updated forecasts for the economy and public finances. Here are five key charts that will underpin his statement.