Gross Domestic Product (GDP) decreased by 0.4 per cent in the third quarter of 2009, compared with a decrease of 0.6 per cent in the second quarter. Total production output declined in the third quarter, decreasing by 0.7 per cent, compared with a fall of 0.5 per cent in the previous quarter.
(http://www.statistics.gov.uk/cci/nugget.asp?id=192)
The table below shows GDP (Gross Domestic Product) per capita in the
( http://en.wikipedia.org/wiki/Countries_of_the_United_Kingdom_by_GDP_per_capita)
( http://en.wikipedia.org/wiki/United_Kingdom#Economy)
October 23 2009 - The unemployment rate has reached 7.9% - up 0.3% over the quarter and 2.1% on last year. Nearly 29 million people were in work in the period June to August according to the labour force survey (LFS). The number of people employed was down by 45,000 this quarter and down by 467,000 on the last year.
(http://www.hrmguide.co.uk/jobmarket/unemployment.htm)
The Consumer Prices Index (CPI) dropped to an annual rate of 1.6% in August from 1.8% in July. But the Retail Prices Index (RPI) inflation measure, which includes mortgage interest payments and housing costs, rose, to -1.3% from -1.4%. The Bank of England aims to maintain inflation at 2% to keep both prices and the broader economy stable.
(http://news.bbc.co.uk/1/hi/business/8256181.stm)
Investment into Britain fell by half to £97bn, while outflows, or British companies making investments abroad, collapsed to £111bn from £275bn the year before.
(http://www.guardian.co.uk/business/2009/sep/17/uk-inward-investment-slump)
http://szwajcarmaciek.blogspot.com/
ReplyDelete