The British economy [March 1990]

Jim Love, Brian Ashcroft, Richard Brooks, Neil Dourmashkin, Paul Draper, Stewart Dunlop, Cliff Lockyer, Lesley Magee, Eleanor Malloy, Eric McRory, Claire Monaghan, Peter McGregor, Roger Perman, Jim Stevens, Kim Swales, Jim Love (Editor)

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Abstract

The rate of growth of output continues to decline but the rate of slowdown of domestic demand appears to have eased. Prospects for inflation have worsened. A tightening of fiscal policy offers the best guarantee of minimising further inflationary pressure, allowing base rates to come down sooner than presently appears to be likely.
Original languageEnglish
Pages (from-to)6-11
Number of pages6
JournalQuarterly Economic Commentary
Volume15
Issue number3
Publication statusPublished - Mar 1990

Keywords

  • UK economic forecasts
  • British economic trends
  • UK gross domestic product (GDP)
  • labour market conditions
  • industrial output
  • macroeconomic trends
  • unemployment patterns
  • industrial relations
  • consumer expenditure

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  • Cite this

    Love, J., Ashcroft, B., Brooks, R., Dourmashkin, N., Draper, P., Dunlop, S., ... Love, J. (Ed.) (1990). The British economy [March 1990]. Quarterly Economic Commentary, 15(3), 6-11.