August Monthly Brief

Subscribe to Campaigning blog feeds

Published

Data Round Up

  • The first monthly estimate of GDP shows the economy expanding by 0.2% in three months to May. This points to an overall 0.4% expansion in q2, a pick-up from the weather related slump at the start of the year.

  • UK manufacturing PMI prints at 54.0 in July, continuing the recent easing in momentum.

  • The Bank of England voted to raise interest rates to 0.75% in their August meeting. This is only the second time rates have been increased since the financial crisis.

  • Consumer confidence continues to languish on the back of consumers’ perception of the general economic situation.

 

You can read the full economic briefing here.

 

08-August-monthly-brief 

08-August-Lee-comment

Author

Economist

Other articles from this author >
what-is-manufacturing UK Manufacturing FAQ series

Everything you've always wanted to know about UK manufacturing but were too afraid to ask.

Read more >
BigData The 4th industrial revolution

Manufacturing is undergoing a transformation that will see greater emphasis on developing new and existing skills to boost productivity for the future

Read more>
Online payments are not supported by your browser. Please choose an alternative browser or make payments through the 'Other payment options' on step 3.