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Economic Briefing - February 2008

EEF's monthly bulletin examines economic trends for manufacturing, engineering and technology-based businesses.

The case for a quarter point reduction in interest rates remains strong as economic uncertainties have increased. While there are upside risks to inflation in the short term, the MPC should act to stave off any significant negative affects from deteriorating financial conditions.

In this issue:

  • Monetary policy outlook
  • Producer prices
  • Retail sales
  • Consumer confidence
  • Inflation
  • GDP growth

meta description:

manufacturing
economics and industrial policy
policy and representation
interest rate
information and research
interest rate
laeding global and uk economic indicators
inflation
further information:

Lee Hopley
Senior Economist
lhopley@eef.org.uk

related links

Bank of England

National Statistics

 
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Economic Briefing February 2008

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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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