Week in Review - 9th December, 2011 | EEF

Week in Review - 9th December, 2011

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↓ Index of productionThe Index of Production showed that manufacturing output fell by 0.7% in October.
↔ MPC rate decisionThe MPC maintained the Bank Rate at 0.5% and the size of the asset purchase programme at £275 billion. The latest round of asset purchases (announced in October) will take another two months to complete.
↑UK tradeThe UK's trade in goods deficit narrowed to £7.6bn in October, as UK goods exports rose to record levels, and imports fell back.
↑ Producer price indexIn the year to November 2011 input prices for manufacturers rose by 13.4%. This was the lowest annual increase since December 2010. Over the same period, output prices rose by 5.4%.
The week ahead
Tue 13th: Consumer prices
Wed 14th: Labour market statistics
Thu 15th: EEF Pay Bulletin; Retail Sales


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