Review of the quarter's economic trends [July 1981]

N. Fraser, D. Hamilton, F. Harrigan, A. Jowett, I. McNicoll, L. Moar, N. O'Donnell, I. Orton, D. Simpson, E. Tait, J. Walker, N. Fraser (Editor)

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    It would seem the outlook for the UK economy remains depressed. Whilst there may be an ephemeral boost to activity which follows from the rebuilding of stocks and the (less certain) restoration of normal savings behaviour, there is little reason to believe that other demand aggregates will recover sufficiently to avoid unemployment passing the three million mark by the end of this year. The latest UK and world economic data will be examined in order to provide an appraisal of the UK's current economic predicament and future prospects.
    Original languageEnglish
    Pages (from-to)1-5
    Number of pages5
    JournalQuarterly Economic Commentary
    Issue number1
    Publication statusPublished - Jul 1981


    • UK economic growth
    • economic conditions
    • global economic performance
    • deflation


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