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Week in Review - 27th August, 2010

Felicity Burch August 27, 2010 10:33

↓ CIPD/KPMG Labour Market Outlook The CIPD/KPMG Labour Market Outlook survey revealed that 45% of the 600 employers surveyed were finding some vacancies hard to fill. 21% of employers surveyed said they were recruiting migrant workers for engineering vacancies.
↑ Services Producer Prices In 2010q2, 12 month inflation for the services producer price indices (SPPI) rose 1.9% compared with a rise of 1.0% in 2010q1. The largest upward effects to the SPPI over the past 12 months came from freight forwarding and advertising placement.
↑ GDP Q2 (revision) ONS revised upwards its GDP estimate for 2010q2, to quarterly growth of 1.2% on the back of even stronger construction figures
↓ Index of services Compared with June 2009, service sector output was up by 1.4%, although output from the service sector fell 0.5% between May and June.
↑ Business Investment (provisional results) Whilst total business investment fell by 1.6% in 2010q2, manufacturing investment rose by 9.6%.

The week ahead 

Tues 31st: Lending to Individuals; GfK Consumer Confidence

Wed 1st: REC Report on Jobs 

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