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The British economy [September 1990]

Love, Jim and Ashcroft, Brian and Dourmashkin, Neil and Draper, Paul and Dunlop, Stewart and Lockyer, Cliff and Magee, Lesley and Malloy, Eleanor and Monaghan, Claire and McGregor, Peter and McNicoll, Iain and McRory, Eric and Perman, Roger and Stevens, Jim and Swales, Kim and Love, Jim (1990) The British economy [September 1990]. Quarterly Economic Commentary, 16 (1). pp. 8-14. ISSN 0306-7866

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Abstract

Output growth continues to slow and, following the significant increase in the exchange rate, there are fears of a small recession or at best stagnant growth in the latter half of this year. In addition, the rate of growth of prices appears to be increasing, fuelled by buoyant earnings growth and the recent increases in the price of oil.