The British economy [June 1989]

Brian Ashcroft; Jim Love; Richard Brooks; Neil Dourmashkin; Paul Draper; Stewart Dunlop; Ya Ping Yin; Cliff Lockyer; Eleanor Malloy; Eric McRory; Claire Monaghan; Peter McGregor; Iain McNicolI; Roger Perman; Jim Stevens; Brian Ashcroft; Jim Love

The British economy [June 1989]

Brian Ashcroft, Jim Love, Richard Brooks, Neil Dourmashkin, Paul Draper, Stewart Dunlop, Ya Ping Yin, Cliff Lockyer, Eleanor Malloy, Eric McRory, Claire Monaghan, Peter McGregor, Iain McNicolI, Roger Perman, Jim Stevens, Brian Ashcroft (Editor), Jim Love (Editor)

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Abstract

Despite the concern shown by the financial markets following the publication of the DTI's provisional retail sales figures for May, the balance of the evidence is that the economy is slowing down. What cannot be guaranteed is that the tightening of domestic demand will produce an outturn which has been described as a "soft landing". High earnings growth and the recent marked fall in sterling are likely to push the RPI above earlier expectations and, as base rates edge higher, the prospect of the economy avoiding a recessionary outcome almost certainly diminishes.

Original language	English
Pages (from-to)	5-12
Number of pages	8
Journal	Quarterly Economic Commentary
Volume	14
Issue number	4
Publication status	Published - 1 Jun 1989

Keywords

Fraser of Allander
British economic activity
British economic conditions

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abstract = "Despite the concern shown by the financial markets following the publication of the DTI's provisional retail sales figures for May, the balance of the evidence is that the economy is slowing down. What cannot be guaranteed is that the tightening of domestic demand will produce an outturn which has been described as a {"}soft landing{"}. High earnings growth and the recent marked fall in sterling are likely to push the RPI above earlier expectations and, as base rates edge higher, the prospect of the economy avoiding a recessionary outcome almost certainly diminishes.",

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AU - Brooks, Richard

AU - Dourmashkin, Neil

AU - Draper, Paul

AU - Dunlop, Stewart

AU - Yin, Ya Ping

AU - Lockyer, Cliff

AU - Malloy, Eleanor

AU - McRory, Eric

AU - Monaghan, Claire

AU - McGregor, Peter

AU - McNicolI, Iain

AU - Perman, Roger

AU - Stevens, Jim

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A2 - Love, Jim

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N2 - Despite the concern shown by the financial markets following the publication of the DTI's provisional retail sales figures for May, the balance of the evidence is that the economy is slowing down. What cannot be guaranteed is that the tightening of domestic demand will produce an outturn which has been described as a "soft landing". High earnings growth and the recent marked fall in sterling are likely to push the RPI above earlier expectations and, as base rates edge higher, the prospect of the economy avoiding a recessionary outcome almost certainly diminishes.

AB - Despite the concern shown by the financial markets following the publication of the DTI's provisional retail sales figures for May, the balance of the evidence is that the economy is slowing down. What cannot be guaranteed is that the tightening of domestic demand will produce an outturn which has been described as a "soft landing". High earnings growth and the recent marked fall in sterling are likely to push the RPI above earlier expectations and, as base rates edge higher, the prospect of the economy avoiding a recessionary outcome almost certainly diminishes.

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KW - British economic activity

KW - British economic conditions

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EP - 12

JO - Fraser of Allander Economic Commentary

JF - Fraser of Allander Economic Commentary

SN - 2046-5378

IS - 4

ER -

The British economy [June 1989]

Abstract

Keywords

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