A preliminary estimate of Q1 GDP released by the Office for National Statistics yesterday suggested quarter on quarter growth of around 0.8%.
The latest public sector finances were released this morning, so we decided to update our chart from this time last year showing historical UK government debt going back to 1855 (this time in 2013 prices).
Data released today show that UK employment continued to increase, with the unemployment rate down to 6.9%.
This morning, official trade statistics were released for 2013, which included details on the top import and export markets for the UK, and what commodities are traded.
After last week’s chart on wages compared to inflation, we received plenty of correspondence asking whether CPI is the best measure for the cost of living.
Inflation figures for February were released this week, showing a further fall in the CPI measure to 1.7%.