Money Minute Monday 11 November: a busy week for UK economic data

Today's Money Minute looks ahead to a week that includes GDP figures, employment data and inflation.

It's a very busy week for UK economic data. This will almost certainly draw even more press attention than usual, given the looming election.

Today we get British GDP figures for the third quarter. This is the preliminary estimate, which is frequently revised once more data is available.Despite fears of a potential slide into recession earlier in the year, the UK's GDP is now expected to have grown by about 0.3% during the three months through September.

Advertisement - Article continues below

Then, on Tuesday, we get the latest employment data.The labour market remains very strong, with wages rising, and employment levels near record highs.However, there have been signs in recent months that the labour market might be slowing. So analysts will be watching the latest data closely for signs of weakness.

And on Wednesday we get the latest inflation data for the UK too.Inflation has been tame in recent months, hovering around the Bank of England's 2% target level.




How long can the good times roll?

Despite all the doom and gloom that has dominated our headlines for most of 2019, Britain and most of the rest of the developing world is currently en…
19 Dec 2019

Beyond the Brexit talk, the British economy isn’t doing too badly

The political Brexit pantomime aside, Britain is in pretty good shape. With near-record employment, strong wage growth and modest inflation, there is …
17 Oct 2019
UK Economy

Boris Johnson’s grand infrastructure plan needs some small print

Grand infrastructure projects are all very well, but it is the small stuff that delivers the big returns, says Matthew Lynn.
5 Jul 2020
UK Economy

Spend, spend, spend – think of it as your patriotic duty

After months of lockdown, many of us will have some money to spare. If you do, says Merryn Somerset Webb, spend it.
2 Jul 2020

Most Popular


House price crash: UK property prices are falling – so where next?

With UK property prices falling for the first time in eight years, are we about to see a house price crash? John Stepek looks at what’s behind the sli…
2 Jul 2020

The end of the bond bull market and the return of inflation

Central bank stimulus, surging post-lockdown demand and the end of the 40-year bond bull market. It all points to inflation, says John Stepek. Here’s …
30 Jun 2020

How can markets hit new record highs when the economy is in such a mess?

Despite the world being in the midst of a global pandemic, America's Nasdaq stock index just hit an all-time high. And it's not the only index on a bu…
3 Jul 2020