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Economic Briefing - November 2005

A monthly bulletin examining economic trends for manufacturing, engineering and technology-based businesses.

The short-term UK economic outlook remains uncertain. Once again, the MPC faces a difficult balancing act with inflation likely to stay above target over coming months while growth appears below trend. At the same time there are some encouraging signs in the housing market, along with steady consumer figures and a firm global outlook. This makes it harder to justify an interest rate cut at this time. However, if the outlook for manufacturing or the consumer worsens the MPC should stand ready to act.

In this month's briefing:

  • Inflation
  • Manufacturing Output
  • GDP Growth
  • UK Surveys
  • International Survey
  • Housing Market
  • Consumer spending 
  • Market Watch - Japan


The next Economic Briefing will be available on 2nd December
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meta description:

interest rate
survey
survey report
information and research
manufacturing output
manufacturing trends
laeding global and uk economic indicators
inflation
further information:
Lee Hopley
Economist

lhopley@eef.org.uk

related links
National Statistics
Bank of England
Nationwide
HBOS
downloads
EEF Economic Briefing - November 2005

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EEF Limited is the organisation for manufacturing, engineering and technology-based businesses. It is an employers association regulated under Part II of the Trade Union and Labour Relations (Consolidation) Act 1992 and a company limited by guarantee. EEF Limited is registered in England and Wales, registered no 05950172, and its registered office is Broadway House, Tothill Street, London, SW1H 9NQ

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