Economic Briefing - October 2007

This month's briefing gives the latest intelligence on the main economic indicators, including interest rate rises and manufacturing output.

With most economic news remaining positive, a cut in interest rates does not appear to be warranted at the moment. However, if there are signs that confidence is deteriorating in the UK and that tighter lending conditions by banks are starting to have a significant impact on business, the case for a cut in rates will grow stronger.

Also in this month's issue:

  • Inflation update
  • Labour market data
  • Consumer spending
  • International indicators
  • Exchange rates

 


meta description:

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

Lee Hopley
Senior Economist
lhopley@eef.org.uk

related links

National Statistics

Bank of England

Conference Board

IFO Institute

 
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October 2007

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