External events have had a considerable impact on the UK economy. In line with developments elsewhere, UK growth has slowed, interest rates have been reduced and the inflation rate has fallen. However, underlying inflationary pressures in the UK continue to operate with relatively rapid growth of average earnings and substantial growth of private sector liquidity.
|Number of pages||11|
|Journal||Quarterly Economic Commentary|
|Publication status||Published - 1 Aug 1986|
- Fraser of Allander
- British economic activity
- British economic conditions