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Old 13-11-2017, 10:32   #725
jonbxx
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Re: Brexit discussion

10 month high in the north east of England - good news. Not so great for Northern Ireland but hopefully once border issues are sorted, it should bounce back.

Here's the full data for all regions - https://www.markiteconomics.com/Surv...e4b8c6f67afda6

I am looking forward to some professional analysis of the figures but here are my amateur thoughts on the rise;
  • Exports are still being boosted by a low GBP
  • Economic indicators and confidence in our main export markets are high (Eurozones PMI is higher than the UK though interestingly, the UK is lower)
  • The indication that interest rates are unlikely to go up by much more has allowed slack in inflation - price rises to counteract the cost of imports due to lower GBP are allowable for now
  • Employment is up - more customers
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