UK forecast in detail
Article Abstract:
United Kingdom fiscal policy has been loosened and the surplus looks set to fall, while interest rates look set to rise. Pay settlements do not appear affected by drops in unemployment. Economic growt is unlikely to slow until 2001.
Publication Name: Economic Outlook
Subject: Economics
ISSN: 0140-489X
Year: 2000
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UK forecast in detail
Article Abstract:
Forecasts for the British economy are set out for fiscal and monetary policy, wages and prices, consumption, housing, companies, labor markets, the balance of trade and sectoral balances.
Publication Name: Economic Outlook
Subject: Economics
ISSN: 0140-489X
Year: 2000
User Contributions:
Comment about this article or add new information about this topic:
UK forecast in detail
Article Abstract:
The United Kingdom looks set to achieve a budget surplus for 1998 to 1999, but a deficit for the following fiscal year. Interest rates are likely to be reduced in 1999, and inflation is likely to be less than target levels for this year. Consumer demand has been affected by fears over job security. The housing market is likely to see an easing of pressure in 1999. Business investment growth looks set to fall in 1999. Net trade is hampering economic growth. Meanwhile, companies have moved into financial deficit.
Publication Name: Economic Outlook
Subject: Economics
ISSN: 0140-489X
Year: 1999
User Contributions:
Comment about this article or add new information about this topic: