Archive for the ‘News’ Category

Economic Indicators

UK

• UK Gross domestic product in volume terms increased by 0.6%, revised up from 0.5% for the Second Estimate of GDP.
• CPI annual inflation stands at 4.8% in November 2011, down from 5.0% in October. RPI annual inflation stands at 5.2% in November 2011, down from 5.4% in October.
• Production output decreased by 1.7% in October 2011, compared with October 2010. Manufacturing output increased by 0.3% in October 2011, compared with October 2010.

London

• London’s annual growth in output decreased to 1.5% in Q2 2011 from 2.5% in Q1 2011.
• London’s annual employment growth increased to 1.0% in Q2 2011 from -0.6% in Q1 2011.
• Annual house price inflation in London increased to 2.3% in Q3 2011 from 2.2% in  Q2 2011.

USA

• Real gross domestic product (GDP) grew at an annual rate of 1.8% in the third quarter of 2011. This follows a growth rate of 1.3% in the second quarter of 2011.
• Personal income increased $8.5 billion, or 0.1%, and disposable personal income (DPI) decreased $5.0 billion, or less than 0.1%, in November 2011. Personal consumption expenditures (PCE) increased $13.1 billion, or 0.1% in November 2011.
• The October 2011 international trade deficit fell 1.6%, to $43.5 billion. Exports declined 0.8%, to $179.2 billion, and imports decreased 1.0%, to $222.6 billion.

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Economic Indicators

UK

• CPI annual inflation was 4.5% in August, up from 4.4% in July. RPI annual inflation was 5.2%, in August, up from 5.0% in July.
• Year on year, all retail sales saw: no growth in the volume of sales between August 2010 and August 2011, the value of sales increase by 4.7% between August 2010 and August 2011. Month on month, all retail sales saw: the volume of sales decreased by 0.2% between July 2011 and August 2011, no growth in the value of retail sales over the same period.
• The employment rate for the three months to July was 70.5% and there were 29.17 million employed people. The unemployment rate was 7.9% and there were 2.51 million unemployed people.

London

• London’s annual growth in output decreased to 2.5% in Q1 2011 from 2.7% in Q4 2010.
• London’s annual employment growth increased to -0.6% in Q1 2011 from -1.0% in Q4 2010.
• Annual house price inflation in London decreased to 2.2% in Q2 2011, from 4.4% in Q1 2011.

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