The British economy [September 1994]

Lorraine Armstrong, Paul Draper, Sarah Le Tissier, Jim Love, Cliff Lockyer, Eleanor Malloy, Peter McGregor, Eric McRory, Jim Stevens, Kim Swales, Ya Ping Yin, Brian Ashcroft (Editor), Stewart Dunlop (Editor), Jim Stevens (Editor)

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Abstract

In the second quarter of 1994, the provisional estimate of GDP at market prices - money' GDP - rose by 1.4%. After allowing for inflation and adjusting for factor costs, GDP grew by 1% during the quarter, compared with the 0.9% increase recorded in the first quarter of 1994. Over the year to the second quarter, 'real' GDP is estimated to have risen by 3.7%, and now stands 1.8% above the last peak in the second quarter 1990 which preceded the recession.
Original languageEnglish
Pages (from-to)11-13
Number of pages3
JournalQuarterly Economic Commentary
Volume20
Issue number1
Publication statusPublished - Sep 1994

Keywords

  • British economic background
  • British economy

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