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Economic Review, February 2007

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  • Anis Chowdhury

    (Office for National Statistics)

Abstract

Monthly review of economic and labour market trends in the UK.GDP continued to grow robustly in 2006 quarter four, driven mainly by the services sector,with little contribution from manufacturing output. In quarter three however, it had beenbusiness and government investment which had underpinned growth, whilst consumerexpenditure had slowed from its strong performance in quarter two. As a reflection of the UK'sdynamic domestic demand profile and unfavourable exchange rate position the trade deficitwidened in November. The Labour Market exhibited signs of an improvement in November,while the Public sector net debt continued to rise in December. Consumer and produceroutput price inflation rose in December 2006. Economic & Labour Market Review (2007) [1], 5–12; doi:10.1057/palgrave.elmr.1410021

Suggested Citation

  • Anis Chowdhury, 2007. "Economic Review, February 2007," Economic & Labour Market Review, Palgrave Macmillan;Office for National Statistics, vol. 1(2), pages 5-12, February.
    • Handle: RePEc:pal:ecolmr:v:1:y:2007:i:2:p:5-12
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    Cited by:

    1. Anwar, Sarah. & Islam, Iyanatul,, 2011. "Should developing countries target low, single digit inflation to promote growth and employment," ILO Working Papers 994642503402676, International Labour Organization.
    2. repec:ilo:ilowps:464250 is not listed on IDEAS

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