Economic Review, July 2008

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

Economic & Labour Market Review, 2008, vol. 2, issue 7, 6-14

Abstract: Monthly review of economic and labour market trends in the UK.Gross Domestic Product output slowed in 2008 quarter one compared with the previous quarter. Growth was driven by slower service sector output, offset by virtually flat total production growth. Manufacturing output returned to positive growth in the latest quarter. On the expenditure side, household spending strengthened, while business investment weakened in quarter one compared with the previous quarter. The current account deficit narrowed in quarter one. The goods trade deficit also narrowed in the latest quarter. The labour market continues to be buoyant in 2008 but shows signs of softening; while average earnings remain relatively subdued. Public sector finances deteriorated in May 2008. Consumer price inflation accelerated in May 2008 and was above the Government's inflation target. Producer output and input price inflation accelerated in 2008 quarter one and continued to increase in May 2008. Economic & Labour Market Review (2008) 2, 6–14; doi:10.1057/elmr.2008.99

Date: 2008
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.palgrave-journals.com/elmr/journal/v2/n7/pdf/elmr200899a.pdf Link to full text PDF (application/pdf)
http://www.palgrave-journals.com/elmr/journal/v2/n7/full/elmr200899a.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:7:p:6-14

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 ().