Commons Briefing paper by Daniel Harari, Grahame Allen and Oliver Hawkins. It was first published on Tuesday, 2 August 2011. It was last updated on Tuesday, 2 August 2011.

Economic Indicators, August 2011

This Research Paper series summarises the main economic indicators currently available for the UK, along with comparisons with other major OECD countries.

• The ONS’s preliminary estimate of GDP in Q2 2011 showed the economy grew by 0.2% compared with the previous quarter.

• The ONS stated that there were a number of ‘special events’ during the quarter (royal wedding, warm weather and effects of the Japanese tsunami) that may have had a net downward impact on GDP of 0.5%-points.

• Despite this, growth remains weak with economic output only 0.7% higher in Q2 2011 than it was a year ago, and still 4% below its pre-recession level over three years ago (Q1 2008).

Download document: https://researchbriefings.files.parliament.uk/documents/RP11-59/RP11-59.pdf

Secondary information

Type: Research briefing
Reference: RP11-59
Subjects: Employment Exports Investment Industry Interest rates EU nationals Imports Inflation Economic regions National income Public expenditure Prices Overseas trade Public sector net cash requirement Migrant workers Trade Retail trade Unemployment Trade agreements Housing market Retail prices index Exchange rates Average earnings Balance of trade Productivity Balance of payments
Contains statistics: Yes
Published by: Economic Policy and Statistics Section; House of Commons Library
Link: View this Research briefing on researchbriefings.parliament.uk

Economic Indicators, August 2011

Secondary information

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