Economic Review, April 2008

Anis Chowdhury
Additional contact information
Anis Chowdhury: Office for National Statistics

Economic & Labour Market Review, 2008, vol. 2, issue 4, 6-15

Abstract: Monthly review of economic and labour market trends in the UK.GDP output continued to grow fairly robustly in 2007 quarter four, similar to the rate in previous quarter. Growth continued to be driven by the service sector and offset by flat output expansion in the manufacturing sector. On the expenditure side, household spending and business investment weakened in quarter four in comparison with quarter three. The current account deficit narrowed in quarter four; the goods trade deficit was unchanged in quarter four and contributed negatively to growth. The labour market continues to be buoyant in quarter four but average earnings remain relatively subdued. The public sector finance position deteriorated in February 2008. Consumer price inflation accelerated in February and was above the Government's inflation target. Producer output price inflation was unchanged in February but continued to exhibit inflationary tendencies; input price inflation accelerated in February 2008. Economic & Labour Market Review (2008) 2, 6–15; doi:10.1057/elmr.2008.51

Date: 2008
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.palgrave-journals.com/elmr/journal/v2/n4/pdf/elmr200851a.pdf Link to full text PDF (application/pdf)
http://www.palgrave-journals.com/elmr/journal/v2/n4/full/elmr200851a.html Link to full text HTML (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:ecolmr:v:2:y:2008:i:4:p:6-15

Ordering information: This journal article can be ordered from
http://www.springer.com/economics/journal/41318

Access Statistics for this article

More articles in Economic & Labour Market Review from Palgrave Macmillan, Office for National Statistics
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().