Population in United Kingdom
United Kingdom - PopulationGrowth appeared to have been limp in the second quarter, sapped by swirling Brexit uncertainty and as manufacturers destocked following a surge in inventories in Q1. While the economy did expand in May, this only partially offset a sharp contraction in April, which was largely induced by temporary shutdowns at car plants. Moreover, the average quarterly readings for the services and manufacturing PMIs suggest stagnation. The labor market remained a silver lining: In March-May, wage growth was the fastest since 2008, while the unemployment rate stayed at a multi-decade low. However, even here signs of vulnerability emerged, with employment growth falling short of expectations and job vacancies declining. In politics, Boris Johnson is expected to be declared the new Conservative leader—and by extension prime minister—on 23 July. All Brexit outcomes—leaving with a deal, no deal, and no Brexit—remain on the table.
United Kingdom - Population Data
5 years of economic forecasts for more than 30 economic indicators.
United Kingdom Facts
|Bond Yield||0.61||-3.04 %||Jul 31|
|Exchange Rate||1.22||-0.35 %||Jul 31|
|Stock Market||7,587||-0.26 %||Jul 31|
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August 14, 2019
Consumer prices were flat month-on-month in July, matching June’s reading, as lower prices for clothing and footwear offset higher prices for recreation and culture.
August 13, 2019
The unemployment rate rose to 3.9% in the second quarter, up from 3.8% in the previous rolling quarter and in line with FocusEconomics panelists’ expectations.
August 9, 2019
Industrial production fell 0.1% in June over the prior month according to the Office for National Statistics, contrasting May’s revised 1.2% rise (previously reported: +1.4% month-on-month) and driven by a contraction in the manufacturing sector.
United Kingdom: Economy contracts in Q2 for first time in nearly seven years amid destocking and tumbling fixed investment
August 9, 2019
The UK economy shrank 0.2% in quarter-on-quarter seasonally-adjusted terms in Q2, contrasting Q1’s 0.5% quarter-on-quarter expansion.
August 5, 2019
The IHS Markit/CIPS UK services Purchasing Managers’ Index (PMI) increased from 50.2 in June to 51.4 in July.