Week in Review - 12th August, 2011

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↓ Index of ProductionTotal output in the production industries fell by 0.3% in the year to June. Over the same period, manufacturing output increased by 2.1% however, between May and June output in the sector decreased by 0.4%.
↓ UK TradeThe UK's deficit on trade in goods and services widened to £4.5bn in June, from £4.0bn in May. The deficit on trade in goods also widened to £8.9bn from £8.5bn in May. The volumes of both exports and imports fell. Excluding erratic items, the volume of goods exports fell by 2.7% and the volume of goods imports fell by 5.8% over the month.
The week ahead
Tue 16th: Consumer Prices
Wed 17th:Labour Market Statistics; MPC minutes
Thu 18th: Retail Sales
Fri 19th: Public Sector Finances


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