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The British economy [September 1989]

Ashcroft, Brian and Dourmashkin, Neil and Draper, Paul and Dunlop, Stewart and Lockyer, Cliff and Magee, Lesley and Malloy, Eleanor and McRory, Eric and Monaghan, Claire and McGregor, Peter and Perman, Roger (1989) The British economy [September 1989]. Quarterly Economic Commentary, 15 (1). pp. 5-11. ISSN 0306-7866

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Abstract

After another quarter it seems clear that the slowdown is continuing but probably at a slower rate than many commentators first expected. However, the form of the slowdown does give cause for concern both for the prospects of a 'soft landing' and for the balance of payments. Inflation pressures appear, for the moment, to be contained.