Outlook and appraisal [July 2005]

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Growth in the Scottish and UK economies is weakening as the pace of consumer demand growth slows. However, the relative buoyancy of the housing market in Scotland may be supporting consumption and hence the growth of retail sales compared with the rest of the UK.
Original languageEnglish
Pages (from-to)3-9
Number of pages7
JournalQuarterly Economic Commentary
Issue number2
Publication statusPublished - Jul 2005


  • Fraser of Allander Institute
  • Scottish economic outlook
  • Scottish economy

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