Economic Indicators
UK
- Gross Domestic Product (GDP) fell by 0.2% in the fourth quarter of 2011.
- CPI annual inflation was 3.6% in January 2012, down from 4.2% in December 2011. RPI annual inflation was 3.9% in January, down from 4.8% in December.
- Production output decreased by 3.3% in December 2011, compared with December 2010.
London
- London’s annual growth in output increased to 1.9% in Q3 2011 from 1.5% in Q2 2011.
- London’s annual employment growth increased to 3.9% in Q3 2011 from 1.0% in Q2 2011.
- Annual house price inflation in London was 8.1% in Q4 2011, up from 2.5% in Q3 2011. (more…)
