EEF : Economic Briefing April 2007

Economic Briefing April 2007

On balance, we think the evidence this month supports a ‘no change’ decision in April. That said if evidence on output prices grows and the forthcoming pay round in April sees a sharp increase in settlements there may be justification for another quarter point rise sooner rather than later.

In this issue:

March MPC meeting
Inflation
Manufacturing
GDP growth
Housing market
The consumer
International: the German econic outlook

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EEF, the manufacturers' organisation - Broadway House - Tothill Street - London SW1H 9NQ
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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

Economic Briefing April 2007

On balance, we think the evidence this month supports a ‘no change’ decision in April. That said if evidence on output prices grows and the forthcoming pay round in April sees a sharp increase in settlements there may be justification for another quarter point rise sooner rather than later.

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