World Stock Market Indices

Document Sample
World Stock Market Indices Powered By Docstoc
					                                                                                                                              LATEST UK INDICATORS
                                                                                                                  % change on a year earlier unless otherwise stated


                                                                            Activity

                                                                            GDP                                                                      10Q2 (2nd est)        1.2
                                                                            Service sector output                                                      3m to Jun           1.6
                                                                            Industrial production                                                      3m to Jun           1.6
                                                                            Manufacturing output                                                       3m to Jun           3.8
                                                                            Households' consumption                                                      10Q1             -0.1
                                                                            Retail sales volumes                                                          July             1.3
                                                                            Whole economy investment                                                     10Q1              4.5
                                                                            Goods exports (volumes)                                                    3m to Jun          11.6
                                                                            Goods imports (volumes)                                                    3m to Jun          12.7
                                                                            Current account balance, £bn                                                 10Q1             -9.6
                                                                            Business Investment                                                       10Q2 (prov)         -6.1

                                                                            Labour market & earnings

                                                                            Unemployment, mn                                                           3m to Jun          2.46
                                                                            Unemployment rate, %                                                       3m to Jun           7.8
                                                                            Claimant unemployment, mn                                                    July             1.46
                                                                            Claimant rate, %                                                             July              4.5
                                                                            LFS total in employment, mn                                                3m to May          29.0
                                                                            LFS employment rate, %                                                     3m to May          70.5
                                                                            Workforce jobs, mn                                                           Mar              30.8
                                                                            Headline average earnings %4                                               3m to Jun           1.6




                                                                            Inflation & prices
                                                                            CPI                                                                            July            3.1
                                                                            RPI                                                                            July            4.8
                                                                            RPIX                                                                           July            4.8

                          POCKET                                            Producer output prices (nsa)
                                                                            Producer input prices (nsa)
                                                                                                                                                           July
                                                                                                                                                           July
                                                                                                                                                                           5.0
                                                                                                                                                                          10.8
                                                                            Halifax house prices                                                           July            4.9

                       DATABANK                                             Nationwide house prices                                                        July            6.6

                                                                            Public finances

                                                                            Public sector surplus on current budget, £bn                                   July           -0.5
                                                                            Public sector net borrowing, £bn                                               July            3.8
                                                                            Public sector net cash requirement, £bn                                        July           -4.1
                                                                            Public sector net debt, % of GDP1                                              July           56.1
                   01 September 2010
                                                                            Monetary

                                                                            M4                                                                              July           2.3
                                                                            Exchange rate index (2005=100)                                                 Latest 3       81.9
                                                                                                                                                                      3
                                                                            $/£                                                                            Latest         1.54
                                                                            €/£                                                                           Latest 3        1.21
                                                                            Bank rate, %                                                                  Latest          0.50
                                                                                                                                                                 3
                                                                            Long-term interest rates, %2                                                  Latest          2.83


The Electronic Version of The Pocket Databank can be found under Economic
                Data and Tools/Latest Economic Indicators at:               1
                                                                                Amount outstanding as a %of GDP at market prices, including financial interventions
                                                                                on a National Accounts basis.
                                                                            2
                                                                                Benchmark 10 yr gilt yield, Bank of England
                 www.hm-treasury.gov.uk                                     3

                                                                            4
                                                                                31 August
                                                                                Excluding bonus
                                                                            5
                                                                                see table 14 for bank of england notes, M0 discontinued April 2006
                                                                                                                                                       TABLE 1 - UK INFLATION
                                CONTENTS                                                                                                              (% Change on a year earlier)

Table                        Title                                            Page                                    Consumer prices                         Producer prices1                    Earnings2
                                                                                                                                                                 Manufacturing          Whole ec. Private   Public    GDP
        UK TABLES                                                                                             RPI            RPIX             CPI             Input      Output         Earnings Earnings Earnings   deflator
                                                                                                             CZBH           CDKQ             D7G7            RNNK        PLLU            JQDY      JQEE     JQEB     YBGB
Table       1                UK Inflation                                        3                1990         9.5            8.1             7.0              -0.7        6.2             -         -        -        7.7
Table       2                UK Output                                           4                1991         5.9            6.8             7.5              -2.1        5.4             -                  -        6.5
Table       3                UK GDP                                              5                1992         3.7            4.7             4.3              -0.4        3.1             -         -        -        3.7
Table       4                UK Investment & productivity                        6                1993         1.6            3.0             2.5               4.6        4.0             -         -        -        2.9
Table       5                UK Consumer indicators                              7                1994         2.5            2.4             2.0               1.9        2.5             -         -        -        1.6
Table       6                UK Housing indicators                               8                1995         3.4            2.8             2.6               8.8        4.0             -         -        -        2.6
Table       7                UK Business surveys                                 9                1996         2.4            2.9             2.5              -1.2        2.6             -         -        -        3.7
Table    8a & 8b             UK Labour mkt: unemployment & employment         10 - 11             1997         3.1            2.8             1.8              -8.3        0.9            3.3       3.7      2.1       2.8
Table       9                UK Balance of payments                             12                1998         3.4            2.7             1.6              -9.0        0.0            4.7       5.0      3.3       2.3
Table      10                UK Trade in goods                                  13                1999         1.6            2.3             1.4              -1.3        0.4            3.6       3.6      3.7       2.1
Table   11a & 11b            UK Public finances                               14 - 15             2000         2.9            2.1             0.8               7.4        1.5            4.5       4.7      3.8       1.2
Table      12                UK and EU base & exchange rates                    16                2001         1.8            2.1             1.2              -1.2       -0.3            4.9       4.8      5.1       2.1
Table      13                UK Interest rates                                  17                2002         1.6            2.2             1.3              -4.5        0.0            4.0       4.0      4.0       3.1
Table      14                UK Monetary indicators & prices                    18                2003         2.9            2.8             1.4               0.5        1.0            3.6       3.3      5.1       3.1
                                                                                                  2004         3.0            2.2             1.4               2.3        1.4            4.2       4.2      4.4       2.5
        WORLD TABLES                                                                              2005         2.8            2.3             2.0              10.5        1.8            4.0       3.8      4.4       2.1
                                                                                                  2006         3.2            2.9             2.3               9.5        2.2            3.7       3.9      3.2       3.1
Table      15                World exchange rates                               19                2007         4.3            3.2             2.3               2.9        2.6            3.6       3.7      3.2       2.9
Table   16a & 16b            World inflation                                  20 - 21             2008         4.0            4.3             3.6              21.7        7.3            3.7       3.6      3.8       3.0
Table      17                G7 Productivity                                    22                2009        -0.5            2.0             2.2              -3.5        1.3            2.1       1.9      3.1       1.3
Table      18                G7 Investment                                      23      2008
Table   19a & 19b            World output - growth of real GDP                24 - 25              Jun          4.6           4.8              3.8            34.1            9.8         3.7      3.7       3.7       2.8
Table   20a & 20b            World growth of industrial production            26 - 27               Jul         5.0           5.3              4.4            31.3            10.0        3.7      3.7       3.7
Table   21a & 21b            Unit labour costs in manufacturing               26 - 27              Aug          4.8           5.2              4.7            29.0            9.1         3.7      3.6       3.7
Table   22a & 22b            World standardised unemployment rates            28 - 29              Sep          5.0           5.5              5.2            24.1            8.5         3.7      3.6       3.9       2.9
Table   23a & 23b            World current account balances                   30 - 31              Oct          4.2           4.7              4.5            16.0            6.7         3.6      3.5       3.8
Table      24                World nominal short-term interest rates            32                 Nov          3.0           3.9              4.1            8.1             5.0         3.6      3.5       3.9
Table      25                World real interest rates                          32                 Dec          0.9           2.8              3.1            3.2             4.6         3.6      3.5       3.9       3.3
Table      26                World long-term interest rates                     33      2009
Table   27a & 27b            World stock market indices                       34 - 35              Jan          0.1           2.4              3.0              1.7            3.5        3.5      3.4       3.9
                                                                                                   Feb          0.0           2.5              3.2              0.8            3.0        3.3      3.1       3.8
                                                                                                   Mar         -0.4           2.2              2.9             -0.4            2.0         3        2.8      3.6       2.1
                                                                                                   Apr         -1.2           1.7              2.3             -5.8            1.3        2.7      2.5       3.4
                                                                                                   May         -1.1           1.6              2.2             -8.8           -0.3        2.6      2.4       3.4
                                                                                                   Jun         -1.6           1.0              1.8            -12.0           -1.0        2.5      2.1       3.7       0.9
                                                                                                    Jul        -1.4           1.2              1.8            -12.2           -1.3        2.2      1.8       3.5
                                                                                                   Aug         -1.3           1.4              1.6             -7.7           -0.3        1.9      1.5       3.2
                                                                                                   Sep         -1.4           1.3              1.1             -6.2            0.4        1.7      1.4       2.8       1.4
                                                                                                   Oct         -0.8           1.9              1.5              0.5            1.8        1.7      1.4       2.7
                                                                                                   Nov          0.3           2.7              1.9              4.2            2.9        1.5      1.2       2.7
                                                                                                   Dec          2.4           3.8              2.9              7.4            3.5        1.4      1.1       2.5       0.8
                                                                                        2010
                                                                                                    Jan         3.7           4.6              3.5            7.7              3.8        1.4      1.0       2.4
                                                                                                   Feb          3.7           4.2              3.0            7.8              4.2        1.4      1.2       2.3
                                                                                                   Mar          4.4           4.8              3.4            10.5             5.0        1.7      1.5       2.4       2.9
                                                                                                    Apr         5.3           5.4              3.7            12.9             5.9        1.7      1.5       2.4
                                                                                                   May          5.1           5.1              3.4            11.7             5.5        1.6      1.4       2.3
                                                                                                  June          5.0           5.0              3.2            10.7             5.1        1.4      1.1       2.2       4.1
                                                                                                   July         4.8           4.8              3.1            10.8             5.0         -        -         -
                                                                                        1
          - All UK statistics are published by ONS unless otherwise stated.                 Producer prices not seasonally adjusted, excluding climate change levy prior to Jan 2002.
                                                                                        2
             - Sources of world statistics are stated beneath each table.                   Headline average earnings excluding bonuses. Monthly figures represent a 3 month period.
                 - HM Treasury accepts no responsibility for the
                 accuracy of material published in this document.

                                      2                                                                                                                                  3
                                                                      TABLE 2 - UK OUTPUT                                                                                                       TABLE 3 - UK GDP
                                                                                                                                                                                        Money GDP is listed on Table 11a
                                                                      Gross value added at basic prices                                                                           COMPONENTS OF DEMAND - £bn, 2003 prices
                              Manufacturing                                        Industrial                       Service                                          Final consumption
                       2005=100         % change2                         2005=100           % change2      2005=100        % change2                                    expenditure                            Change in
                                                                                                                                                                                                                                  3
                        CKYY              YonY                             CKYW                YonY                  GDQS                                       HH         NPISH1        Gov        GFCF2      inventories Exports   Imports3   Real GDP4
          1990           91.8              -0.1                              91.3               -0.2           59.0             1.3                            ABJR         HAYO        NMRY        NPQT         CAFU       IKBK      IKBL        ABMI
          1991           87.2              -5.0                              88.2               -3.4           58.8            -0.2                2000        691.5         31.3        244.4      184.6           5.3     283.5     299.1       1142.4
          1992           87.2               0.0                              88.5                0.3           59.2             0.6                2001        713.5         31.3        250.2      189.3           6.4     292.0     313.4       1170.5
          1993           88.4               1.4                              90.4                2.1           61.0             3.0                2002        739.8         31.3        258.9      196.2           2.6     294.9     328.7       1195.0
          1994           92.6               4.8                              95.3                5.4           63.7             4.5                2003        762.8         31.4        267.8      198.4           4.6     300.3     335.8       1228.6
          1995           94.0               1.5                              97.0                1.8           65.9             3.5                2004        787.5         31.4        275.9      208.5           5.4     315.4     359.1       1264.9
          1996           94.7               0.7                              98.3                1.3           68.3             3.6                2005        805.3         31.4        281.3      213.6           5.0     340.3     384.5       1292.3
          1997           96.4               1.8                              99.7                1.4           71.2             4.2                2006        819.6         32.4        285.2      227.2           5.2     378.0     419.6       1328.4
          1998           97.1               0.7                             100.7                1.0           74.9             5.2                2007        837.4         33.4        288.8      245.1           6.8     368.3     416.3       1364.0
          1999           98.1               1.0                             102.2                1.5           78.3             4.5                2008        842.2         32.3        293.5      232.8           0.1     372.1     411.1       1363.1
          2000           100.3              2.2                             104.1                1.9           82.0             4.8                2009        813.2         32.2        297.1      197.8         -15.4     332.7     360.2       1296.4
          2001           98.9              -1.4                             102.5               -1.5           85.0             3.6                                    Percentage change on year earlier (except change in inventories:
          2002           96.8              -2.1                             100.8               -1.7           87.0             2.4                                              contribution to GDP growth, percentage points)
          2003           96.5              -0.3                             100.2               -0.6           90.1             3.5               1999           5.4         -0.2          3.6         3.0          0.2       3.7       7.9         3.5
          2004           98.6               2.2                             101.2                1.0           93.2             3.5               2000           4.5          8.7          3.1         2.7         -0.1       9.1       8.9         3.9
          2005           98.5              -0.1                             100.0               -1.2           96.1             3.1               2001           3.2          0.1          2.4         2.6          0.1       3.0       4.8         2.5
          2006           100.0              1.5                             100.0                0.0          100.0             4.1               2002           3.7          0.0          3.5         3.6         -0.3       1.0       4.9         2.1
          2007           100.5              0.5                             100.1                0.1          103.5             3.5               2003           3.1          0.3          3.4         1.1          0.2       1.8       2.2         2.8
          2008           97.6              -2.9                              97.0               -3.1          104.0             0.5               2004           3.2         -0.1          3.0         5.1          0.1       5.0       6.9         3.0
          2009           87.3             -10.6                              87.1              -10.2          100.6            -3.3               2005           2.3          0.0          2.0         2.4          0.0       7.9       7.1         2.2
                     index       YonY 3         MonM                   index        YonY 3         MonM   index      YonY 3       QonQ            2006           1.8          3.3          1.4         6.4          0.0      11.1       9.1         2.8
2008                                                                                                                                              2007           2.2          3.0          1.3         7.8          0.1      -2.6      -0.8         2.7
          Jun         98.5                 -1.1             -0.9       97.9         -1.5          -0.5    104.8        1.6       -0.1             2008           0.6         -3.1          1.6        -5.0         -0.5       1.0      -1.2        -0.1
           Jul        97.8                 -2.0             -0.7       96.1         -2.9          -1.8                                            2009          -3.4         -0.4          1.2       -15.0         -1.1     -10.6     -12.4        -4.9
          Aug         97.6                 -2.5             -0.2       96.7         -3.3           0.6                                                               Percentage change on previous quarter (except change in inventories:
          Sep         96.6                 -2.9             -1.0       97.4         -3.3           0.7    103.9       -0.1       -0.9                                            contribution to GDP growth, percentage points)
          Oct         95.0                 -4.0             -1.7       94.5         -4.1          -3.0                                        2008 Q1            0.8         -1.6         -0.8        -5.0          0.5       1.4      -0.8         0.5
          Nov         92.3                 -5.9             -2.8       92.3         -5.6          -2.3                                             Q2           -0.8         -1.3          1.7         0.3         -0.7       0.5      -1.1        -0.3
          Dec         90.4                 -8.3             -2.1       90.8         -8.0          -1.6    102.5       -1.6       -1.3              Q3           -0.6         -2.0          0.2        -4.2         -0.1      -0.4      -1.3        -0.9
2009                                                                                                                                               Q4           -1.5         -2.2          1.5        -2.0         -1.5      -4.1      -5.4        -2.1
          Jan         87.9              -11.0               -2.8       88.6          -9.8         -2.4                                        2009 Q1           -1.6          3.6         -0.6        -8.2          0.0      -7.7      -7.6        -2.3
          Feb         87.2              -12.8               -0.8       87.7         -11.3         -1.0                                             Q2           -0.4         -0.7         -0.1        -6.6          0.4      -1.6      -2.5        -0.7
          Mar         87.2              -13.7                0.0       87.0         -12.3         -0.8    101.1       -3.6       -1.4              Q3           -0.3         -0.5          0.6         3.0         -0.5       0.7       1.3        -0.3
          Apr         87.5              -13.3                0.3       87.6         -12.4          0.7                                             Q4            0.6         -0.4          0.1        -1.7          0.5       4.0       4.4         0.4
          May         86.7              -12.8               -0.9       86.9         -12.0         -0.8                                        2010 Q1           -0.1         -0.2          1.5         4.5          0.3      -1.7       1.6         0.3
          Jun         87.1              -12.3                0.5       87.5         -11.4          0.7    100.3       -4.3       -0.8              Q2            0.7          1.4          0.3        -2.4          1.0       1.1       0.9         1.2
           Jul        86.7              -11.9               -0.5       87.2         -10.5         -0.3                                                                 Percentage change on year earlier (except change in inventories:
          Aug         86.3              -11.5               -0.5       85.8         -10.4         -1.6                                                                           contribution to GDP growth, percentage points)
          Sep         87.4              -10.8                1.3       86.5         -10.6          0.8    100.1       -3.7       -0.2         2007 Q4            2.6          2.0          1.7         5.9         -0.1       2.4       4.5         2.4
          Oct         87.2               -9.8               -0.2       86.5         -10.3          0.0                                        2008 Q1            2.9          0.1          0.8        -1.9          0.2       3.7       3.1         1.9
          Nov         87.8               -7.6                0.7       87.0          -8.5          0.6                                             Q2            1.4         -1.5          1.9        -1.4          0.3       2.7       3.1         1.0
          Dec         88.3               -5.2                0.6       87.1          -6.1          0.1    100.8       -1.7        0.7              Q3            0.1         -4.1          1.2        -6.0         -0.6       0.5      -2.5        -0.4
2010                                                                                                                                               Q4           -2.1         -6.9          2.5       -10.5         -1.8      -2.7      -8.4        -2.7
          Jan         87.4                 -2.6             -1.0       86.8         -4.0          -0.3                                        2009 Q1           -4.4         -2.0          2.8       -13.6         -2.3     -11.5     -14.7        -5.5
          Feb         88.8                 -0.4              1.6       87.5         -2.1           0.8                                             Q2           -4.0         -1.4          0.9       -19.5         -1.2     -13.3     -15.9        -5.9
          Mar         90.8                  1.8              2.3       89.0          0.0           1.7    101.1        0.0        0.3              Q3           -3.7          0.1          1.4       -13.5         -1.5     -12.4     -13.7        -5.3
          Apr         90.1                  3.0             -0.8       88.4          1.0          -0.7                                             Q4           -1.6          2.0          0.0       -13.3          0.4      -5.0      -4.8        -2.9
          May         90.4                  3.8              0.3       89.0          1.9           0.7                                        2010 Q1           -0.2         -1.8          2.2        -1.2          0.7       1.3       4.8        -0.2
         June         90.7                  3.8              0.3       88.6          1.5          -0.4    101.9        1.6        0.8              Q2            1.0          0.3          2.6         3.1          1.3       4.0       8.4         1.7
1                                                                                                                                        1
    Quarterly data are shown against the last month of the quarter.                                                                          Non-profit making institutions serving households.
2                                                                                                                                        2
    Percentage change on a year earlier.                                                                                                     Gross fixed capital formation.
3                                                                                                                                        3
    Percentage change latest 3m on same 3 months a year earlier                                                                              Goods and services.
                                                                                                                                         4
                                                                                                                                             GDP at constant (2001) market prices


                                                                                4                                                                                                                    5
                                               TABLE 4 - UK INVESTMENT AND PRODUCTIVITY                                                                                                          TABLE 5 - UK CONSUMER INDICATORS

                                                  INVESTMENT 1                                                     PRODUCTIVITY                                                                                                                  GfK
                                                                                                                                                                                                                                                         HH saving
                                                                                                                                                                                                                                                                             Growth
                       Whole                         Service   Manufacturi                   General      Whole     Manufacturi                                      Retail Sales Volume                    New car registrations1            consumer               RHDI       of
                                      Business 3,4                                                                                                                                                                                                         ratio
                      economy2                        sector      ng                          govt4      Economy 9
                                                                                                                       ng9      Service7                                                                                                      confidence                    consumer
                                                                                                                                                                                                                                                   4,5
                                                     IOYW+                                   RNCZ+                                                           2005=100            YOY%2                      '000s               YOY%2                        %     % change3 YOY%2
                        NPQS            GAO4          JZKG       GAO2                         RNSM            A4YM     LNNX      GGM4                         EAPS                   -                      BCGT                    -                      NRJS     NRJR      VTYK
                                                    % of GDP 5                                                        2006=100                      1990        65.4                1.2                     2,005                -13.0            -27       8.1       4.6        -
           2004          16.7             9.8          7.2        1.2                            2.0           96.7     92.5       96.0             1991        64.1               -2.1                     1,600                -20.2            -18       10.2      1.9        -
           2005          16.7             9.8          7.2        1.1                            1.8           98.0     96.8       97.0             1992        64.2                0.3                     1,599                 -0.1            -16       11.8      2.7        -
           2006          17.1             9.6          7.1        1.1                            1.6          100.0     100.0     100.0             1993        65.9                2.5                     1,777                 11.1            -13       10.9      3.0      3.4
           2007          17.8            10.2          7.5        1.1                            1.3          102.1     103.5     102.3             1994        67.7                2.8                     1,906                  7.3            -12       9.3       1.4      9.1
           2008          16.6            10.0          7.3        1.0                            1.6          101.3     103.5     101.7             1995        68.0                0.4                     1,938                  1.7            -10       10.3      2.6      13.4
           2009          14.7             8.6          6.1        0.9                            1.8           98.1     98.6      100.2             1996        71.9                5.7                     2,018                  4.1             -5       9.4       3.1      15.9
2008                                                                                                                                                1997        74.5                3.7                     2,157                  6.9              4       9.6       4.2      17.1
             Q3          16.4              10.0              7.2               1.0               2.4          101.3    103.5      101.6             1998        76.0                2.1                     2,262                  4.8             -1       7.4       2.1      17.2
             Q4          16.2              10.0              7.3               1.0               2.4           99.5    100.0       101              1999        77.7                2.2                     2,242                 -0.9              2       5.2       2.9      15.8
2009                                                                                                                                                2000        80.7                3.9                     2,337                  4.3              0       4.7       4.2      14.5
             Q1          15.4               9.4              6.7               1.0               2.7          97.9     96.9       100.8             2001        84.5                4.6                     2,578                 10.3              1       6.1       4.4      13.4
             Q2          14.5               8.6              6.0               0.9               2.5          98.1     98.4        99.4             2002        89.7                6.3                     2,682                  4.1              3       4.8       2.0      15.9
             Q3          14.7               8.5              5.9               0.8               2.7          97.9     98.8        99.9             2003        92.7                3.3                     2,646                 -1.3             -5       5.1       3.0      14.9
             Q4          14.3               8.1              5.6               0.8               2.8          98.5     100.4      100.6             2004        98.2                6.0                     2,599                 -1.8             -3       4.0       5.3      14.2
2010                                                                                                                                                2005       100.0                1.8                     2,444                 -6.0             -3       5.1       4.9      12.5
             Q1          14.9               8.6        6.1     0.7        2.9     99.1                                 104.1      100.8             2006       103.9                3.9                     2,340                 -4.2             -5       4.2       1.5      7.6
                                               PERCENTAGE CHANGE ON A YEAR EARLIER 8                                                                2007       107.9                3.9                     2,390                  2.1             -7       2.5       0.4      6.0
                        NPQT              GAN8     IOYQ+JZKI GAN6       G93X     A4YN                                  LNNU      GGM5               2008       110.3                2.2                     2,131                -12.2            -29       2.0       1.1      6.3
           2003           1.1               1.4       -0.7    -7.8       30.3      1.9                                  5.0        2.2              2009       111.8                1.4                     1,994                 -6.4            -25       7.0       1.8      1.6
           2004           5.1               2.4        5.1    -6.8        8.3      1.8                                  6.7        2.1                         index         3MonY      MonM                000's                YonY                        %     %change    YonY
           2005           2.4               3.0        5.6     9.3        6.1      1.4                                  4.7        2.1     2008
           2006           6.4               7.1        4.3    -2.5        2.1        2                                  3.3        3.1               Aug       110.0            1.0            0.1             63               -10.7               -36.0                     6.5
           2007           3.8               6.3        6.1     1.6      -13.4      2.1                                  3.5        2.3               Sep       110.2            0.9            0.2            330               -18.8               -32.0   1.5      0.3      6.1
           2008          -6.4              -2.4       -2.6    -4.4       19.2     -0.8                                  0.0       -0.6               Oct       109.6            0.9           -0.5            128               -21.4               -36.0                     5.3
             Q4           8.9              11.4       11.2     0.1       -1.7      1.7                                  3.5       3.10               Nov       109.8            0.6            0.2            100               -25.0               -35.0                     5.0
2007                                                                                                                                                 Dec       110.6            1.3            0.7            109               -27.2               -33.0   5.3      2.2      4.8
             Q1          13.1              15.1              17.8              3.8              -1.1           2.2      3.0        3.10    2009
             Q2          7.9               12.2              12.0              8.5               8.5           2.3      3.5        2.50              Jan       110.9            1.5            0.3            112               -30.0               -37.0                      4.4
             Q3          4.8               12.4              12.4              4.2              -9.2           2.4      3.7        2.00              Feb       109.0            0.5           -1.7             54               -25.6               -35.0                      3.5
             Q4          5.9               10.7              9.7               7.3              25.4           1.5      3.6        1.50              Mar       110.4           -0.2            1.3            314                -29.7              -30.0   4.2      2.5       3.0
2008                                                                                                                                                 Apr       110.9           -0.5            0.5            133               -28.0               -27.0                      2.7
             Q1           -1.9              1.7               1.5              -6.6             24.7           0.6       3.8      -0.60              May       110.6           -0.4           -0.3            135               -27.8               -27.0                      2.1
             Q2           -1.4              3.6               3.5              -4.4             20.9           0.0       1.3       0.80              Jun       111.7            0.3            1.0            176               -21.2               -25.0   7.9      2.7       2.0
             Q3           -6.0             -2.6              -2.9              -2.8             41.9          -1.1       0.1      -0.80               Jul      112.8            0.9            1.0            157               -13.6               -25.0                      1.3
             Q4          -10.5             -6.5              -5.5              -6.4             10.4          -2.6      -4.9      -1.50              Aug       112.4            2.4           -0.4             67                -6.0               -25.0                      0.7
2009                                                                                                                                                 Sep       112.8            2.4            0.4            368                 8.3               -16.0   8.5      2.9       0.4
             Q1          -13.6             -10.8            -13.5              -2.5             19.0          -4.4      -8.7      -0.80              Oct       113.8            2.8            0.9            169                15.7               -13.0                     -0.1
             Q2          -19.5             -22.7            -25.8             -20.4             4.9           -3.8      -5.8      -3.20              Nov       113.2            3.1           -0.5            158                24.3               -17.0                     -0.2
             Q3          -13.5             -21.2            -23.9             -27.8             15.7          -3.4      -4.5      -1.70              Dec       112.8            3.0           -0.4            151                41.7               -19.0   7.2      -0.7     -0.3
             Q4          -13.3             -23.0            -28.1             -33.3             17.0          -1.0       0.4      -0.40    2010
2010                                                                                                                                                 Jan       108.5            1.0           -3.8            145                41.5               -17.0                     -0.3
             Q1          -1.2              -7.66            -8.27            -29.60             16.76          1.2      7.43       0.00             Feb        110.9            0.5            2.2             69                32.7               -14.0                     -0.1
1
    Not all sectoral components are shown: excludes investment by National Health Trust hospitals and sales                                         Mar        111.5            0.2            0.5            397                27.3               -15.0   6.9      2.1      -0.1
less purchases of land and existing buildings.                                                                                                       Apr       111.3            1.0           -0.2            149                22.5               -16.0                     -0.2
2
    Includes transfer costs of land and existing buildings for the whole economy.                                                                   May        112.2            0.9            0.8            153                20.1               -15.0                      0.0
3
    Private sector plus public corps' (excl. NHS Trust hospitals) non-residential fixed investment.                                                June        113.0            1.0            0.7            195                11.8               -14.0    -        -       -0.2
4
    Excluding purchases less sales of land and existing buildings.                                                                                  July       114.3            1.3            1.2            136                3.5                 -13                       0.1
5                                                                                                                                          1
    As a percent of GDP at current market prices (YBHA).                                                                                       Source SMMT, Not seas. Adj.
7                                                                                                                                          2
    Output per hour                                                                                                                            Period on Period. Monthly growth rate is latest 3 months compared to same 3 months a year earlier.
8                                                                                                                                          3
Constant market prices.                                                                                                                        Real household disposable income (1995 prices): % change on a year earlier
9                                                                                                                                          4
Whole economy output per worker; Manufacturing output per job.                                                                                 GfK Consumer Confidence Aggregate Level
                                                                                                                                           5
                                                                                                                                           LR average (taken from 1982) is -8 points
                                                                                  6                                                                                                                                         7
                                          TABLE 6 - UK HOUSING INDICATORS                                                                                                 TABLE 7 - BUSINESS SURVEYS

                  Mortgage      Private                Nationwide house                                                                                                                 1
                                                                                    Halifax house prices         Housing                                                          CBI                                                   BCC2
                    loan         sector                      prices
                                                                                                              transactions1
                  approvals     housing                       nsa                             nsa                                                                                           Export
                                                                                                                                                    Business        Total Order                          Output            Service          Manufacturing
                  (sa, '000s) (nsa, '000s)3                % change2                       % change2            sa 000s                                                                     Order
                                                                                                                                                    Optimism           Books                            Expect'ns         Confidence3        Confidence4
         1987           -           -                           -                            15.4                  -                                                                        Books
         1988       1,586           -                           -                            23.3                  -                     1995            4.0              2.3                  9.0           19.8              43.3                53.3
         1989       1,174           -                         19.7                           20.7                  -                     1996            1.8            -12.0                 -8.6           18.3              57.8                56.5
         1990       1,073         113                         -6.2                             0.0                 -                     1997            0.0             -4.0                -25.2           16.8              60.8                51.8
         1991       1,236         114                         -5.3                            -1.2                 -                     1998          -33.8            -24.0                -45.4           -6.3              42.5                28.8
         1992        902           99                         -5.1                            -5.6                 -                     1999           -7.0            -25.0                -38.5            4.6              50.5                43.3
         1993        995          117                         -1.2                            -2.9                 -                     2000           -3.0            -13.9                -31.0            4.3              54.3                46.0
         1994       1,008         131                          0.8                             0.5                 -                     2001          -27.0            -23.8                -30.3           -2.0              47.5                34.0
         1995        903          110                         -0.8                            -1.7                 -                     2002           -3.2            -27.5                 -5.2            4.6              52.8                45.3
         1996       1,078         122                          4.2                             4.5                 -                     2003           -7.5            -29.0                 -6.2           -2.8              46.0                43.3
         1997       1,190         136                         10.9                             6.3                 -                     2004            6.5             -7.6                  2.5           11.5              51.0                45.3
         1998       1,036         132                         10.1                             5.4                 -                     2005          -18.5            -21.3                -20.4            3.8              43.5                40.3
         1999       1,146         131                          9.1                             7.2                 -                     2006           -8.0            -12.7                 -6.9           10.3              39.8                32.0
         2000       1,123         128                         13.0                             9.8                 -                     2007           -1.5              2.6                 -3.3          15.33              39.8                32.0
         2001       1,262         133                         10.5                             8.5                 -                     2008           -4.3            -14.1                -14.6          -9.25              -7.0                -4.5
         2002       1,425         136                         19.8                           17.4                  -                     2009          -14.0            -18.3                -17.5         -13.58               0.0                -4.5
         2003       1,363         146                            19.6                           22.4               -                     2010          -23.5            -23.2                -20.9         -18.17              20.0                22.0
         2004       1,260         157                            17.6                           18.3               -          2008
         2005       1,196         153                            4.3                             5.7               -                      Mar           -23                7                   3              18                17                  27
         2006       1,223         149                            7.2                             8.3             1,666                    Apr                             -13                -12               0
         2007       1,246         154                            9.2                             9.4             1,621                    May                             -10                -12               0
         2008       1,285          76                           -12.6                          -14.5              365                     Jun           -40                1                  -5               2                 1                   5
                  (sa, '000s) (nsa, '000s)3           MonY              MonM         MonY4             MonM     sa 000s                    Jul                             -8                 -7              -7
2008                                                                                                                                      Aug                             -13                 -9             -13
           Jul      38,992                              -8.1            -1.8          -11.0            -1.8        67                     Sep           -60               -26                -25             -16                -12                 -11
          Aug       32,075                             -10.5            -2.8          -12.8            -1.7        63                     Oct                             -39                -32             -31
          Sep       34,145              13             -12.4            -1.7          -13.4            -1.2        60                     Nov                             -38                -31             -42
          Oct       34,293                             -14.6            -1.8          -15.0            -3.0        66                     Dec           -64               -35                -33             -42                -34                 -39
          Nov       24,752                             -13.9            -0.3          -16.2            -3.1        53         2009
          Dec       22,954              12             -15.9            -3.4          -18.9            -2.7        56                      Jan                            -48                -39             -43
2009                                                                                                                                      Feb                             -56                -49             -44
          Jan       21,466                             -16.6            -1.7          -16.5             0.9        54                     Mar           -40               -58                -51             -48                -23                 -48
          Feb       34,597                             -17.6            -1.8          -17.7            -0.4        55                      Apr                            -57                -34             -32
          Mar       47,804              12             -15.7             2.2          -17.6            -1.4        60                     May                             -56                -46             -17
          Apr       48,248                             -15.0             0.6          -17.7             0.1        64                    June           -16               -51                -52             -17                 1                   -8
          May       52,350                             -11.3             1.4          -13.7             2.4        63                     July                            -59                -45             -14
          Jun       61,611              14              -9.3             1.6          -12.6            -1.3        66                     Aug                             -54                -48              -5
           Jul      63,317                              -6.2             1.6           -9.9             1.2        78                     Sep            10               -48                -46              -2                 9                  21
          Aug       50,957                              -2.7             0.9           -7.7             0.8        71                      Oct                            -51                -46               4
          Sep       59,218              17               0.0             1.0           -4.9             1.8        78                     Nov                             -45                -37               4
          Oct       58,818                               2.0             0.1           -1.6             0.4        82                     Dec            12               -42                -41              -7                13                  17
          Nov       55,949                               2.7             0.4            1.7             0.1        80         2010
          Dec       42,628              17               5.9            -0.4            5.6             1.0        97                      Jan                            -39                -33                4
2010                                                                                                                                      Feb                             -36                -23                7
         Jan        29,721                             8.6               0.8           3.6             -1.0        66                     Mar            24               -37                -18                5               20                  22
         Feb        40,582                             9.2              -1.3           4.2              0.3        75                      Apr                            -36                -16               14
         Mar        57,897              20             9.0               2.0           6.8              1.1        74                     May                             -18                  3               17
         Apr        53,602                             10.5              2.0           8.7              1.8        79                    June            10               -23                 -2               15               16                  26
         May        53,900                             9.8               0.8           5.2             -0.9        69                     July                            -16                -12                6
                                                                                                                              1
        June        60,422                             8.7               0.6           4.8             -1.7        75             Taken from the CBI Quarterly/Monthly Industrial Trends Enquiry. Balance is percentage difference between negative and positive responses.
1                                                                                                                             2
    Particulars delivered (sa.) Source: Inland Revenue. (ew:gbr03003)                                                         Taken from the BCC Quarterly Economic Survey. Balance is percentage difference between negative
2
Changes are yr/yr (annual data) or latest month on the same month a year earlier (monthly data), Halifax                      and positive responses. Fig. shown relates to end of three month survey period.
                                                                                                                              3
annual data non-seasonally adjusted, Nationwide annual nominal yr/yr non seasonally adjusted                                  % balance of confidence in service profitability. LR avg = 31, as from Q1 1989
3                                                                                                                             4
    June represents 3 months to June (England only)                                                                           % balance of confidence in manufacturing profitability. LR avg = 26, as from Q1 1989
4
    These figures are MonY averages, the figures published by Halifax are 3m on 3m Year ago figures
                                                                   8                                                                                                                               9
                                       TABLE 8a - UK LABOUR MARKET: UNEMPLOYMENT                                                                                                             TABLE 8b - UK LABOUR MARKET: EMPLOYMENT

                                                                         Claimant                           Long          Long            LT                                                       Whole economy                                                  Manufacturing
                                                      1                                  2
                       Unemployment (s.a.)                           Unemployment (s.a.)                   Term+5         Term6        Youth7                                          LFS employment1                                  Workforce jobs4        Empt       Unit Wage
                    Level   Change
                                   3
                                        Rate                      Level   Change
                                                                                 4
                                                                                      Rate                  000s           000s         000s                                Rate2            Level     Change3                        Level       Change      Change5        Costs
                     000s     000s        %                       000s      000s        %                                IACS +       GEZC +                                  %              000s       000s                          000s          000s       000s          index
                    MGSC               MGSX                       BCJD               BCJE                                 IADH         GEZD                                 MGSU            MGRZ          -                             d             -        YEJL         LNNQ
    1991            2,530      477       8.9                      2,268      620       7.6                    -              -             -                    1990         74.8           26,871       122                         29,224          316       -110           83.1
    1992            2,822      292       9.9                      2,742      474       9.2                    -              -             -                    1991         72.8           26,162      -709                         28,301         -923       -419           87.0
    1993            2,929      107      10.4                      2,877      135       9.7                    -              -             -                    1992         70.9           25,540      -622                         27,824         -477       -229           87.7
    1994            2,676     -253       9.5                      2,599     -278       8.8                    -              -             -                    1993         70.3           25,303      -237                         27,381         -443       -199           87.9
    1995            2,436     -240       8.6                      2,290     -309       7.6                    -              -             -                    1994         70.8           25,504       201                         27,540          159         15           88.4
    1996            2,296     -140       8.1                      2,088     -202       6.9                  489.0         394.6         239.2                   1995         71.4           25,818       314                         27,904          364        102           93.5
    1997            1,988     -308       6.9                      1,585     -503       5.3                  358.6         289.9         153.8                   1996         71.9           26,060       242                         28,096          192         65           97.9
    1998            1,788     -200       6.2                      1,348     -237       4.5                  233.1         186.7         106.8                   1997         72.8           26,526       466                         28,593          497         53          100.5
    1999            1,727      -61       6.0                      1,248     -100       4.1                  204.3         148.7          62.1                   1998         73.4           26,795       269                         28,767          174         17          103.9
    2000            1,587     -140       5.4                      1,088     -160       3.6                  163.9         120.0          46.3                   1999         74.0           27,168       373                         29,135          368       -149          102.9
    2001            1,489      -98       5.1                       970      -119       3.1                  124.5          91.0          37.8                   2000         74.4           27,484       316                         29,554          419       -100          101.5
    2002            1,528       39       5.2                       947       -23       3.1                   89.8          59.8          39.1                   2001         74.4           27,711       227                         29,888          334       -154          102.3
    2003            1,489      -39       5.0                       933       -14       3.0                   74.5          45.0          40.5                   2002         74.5           27,922       211                         30,076          188       -206          103.3
    2004            1,424      -65       4.8                       853       -80       2.7                   71.7          41.7          40.1                   2003         74.6           28,186       264                         30,366          290       -189          101.7
    2005            1,466       42       4.8                       862         9       2.7                   66.2          40.1          44.5                   2004         74.7           28,485       299                         30,659          293       -164           98.9
    2006            1,672      206       5.4                       945        83       3.0                   73.3          41.5          58.6                   2005         74.7           28,775       290                         31,007          348       -144           97.9
    2007            1,652      -20       5.3                       865       -81       2.7                   73.3          40.6          45.6                   2006         74.6           29,027       252                         31,344          337       -127          100.0
    2008            1,780      128       5.7                       906        41       2.8                   48.3          25.7          38.7                   2007         74.6           29,225       198                         31,545          201        -64           99.8
    2009            2,394      614       7.7                      1,529      623       4.7                   49.3          22.6          80.3                   2008         74.5           29,440       215                         31,780          235        -45          102.7
2008                                                                                                                                                            2009         72.8           28,978      -462                         30,997         -783       -221          109.6
     Aug             1,783            66             5.7           922             44                2.8      46           24.2              45.9   2008
     Sep             1,833            50             5.9           968             46                3.0      46           23.4              39.8               Aug           72.6             29,429              -74                                          -13         104.3
     Oct             1,876            43             6.0          1,012            45                3.1      45           23.0              38.7               Sept          72.5             29,399              -30               31,729          -51        -15         104.9
     Nov             1,947            71             6.2          1,103            90                3.4      43           22.6              36.2                Oct          72.3             29,351              -48                                          -14         106.8
     Dec             2,005            58             6.4          1,184            81                3.6      43           22.0              35.9               Nov           72.3             29,365               14                                          -18         109.1
2009                                                                                                                                                             Dec          72.2             29,331              -34               31,454          -275       -26         110.3
     Jan             2,065            60              7           1,246            63                 4       43           21.6              38.2   2009
     Feb             2,121            56             6.8          1,388           142                4.3      45           21.6              46.4                Jan          72.2             29,349               18                                          -23         112.4
     Mar             2,226           105             7.1          1,454            66                4.5      45           21.4              52.6                Feb          71.9             29,253              -96                                          -26         111.2
     Apr             2,280            54             7.3          1,506            52                4.6      45           21.1              62.7                Mar          71.7             29,188              -65               31,261          -193       -29         109.8
     May             2,378            98             7.6          1,539            34                4.7      46           20.9              70.7                Apr          71.4             29,095              -93                                          -18         109.7
     Jun             2,433            55             7.8          1,560            21                4.8      48           21.0              80.9                May          71.1             28,989             -106                                          -20         109.1
      Jul            2,472            39             7.9          1,582            21                4.9      49           21.2              85.3                Jun          70.9             28,919              -70               30,997          -264       -11         108.3
     Aug             2,472             0             7.9          1,602            20                4.9      50           21.4              82.3                 Jul         70.7             28,857              -62                                          -14         106.9
     Sep             2,465            -7             7.9          1,617            15                5.0      56           22.0              96.9                Aug          70.7             28,917               60                                          -13         110.1
     Oct             2,485            20             7.9          1,628            11                5.0      56           22.7              99.1                Sep          70.7             28,903              -14               30,873          -124        -8         108.7
     Nov             2,460           -25             7.8          1,619            -8                5.0       0           23.8              96.2                Oct          70.6             28,906                3                                          -10         108.9
     Dec             2,452            -8             7.8          1,601           -19                4.9      70           25.8              94.3                Nov          70.6             28,905               -1                                           -2         109.5
2010                                                                                                                                                             Dec          70.5             28,903               -2               30,753          -120        -6         109.3
     Jan             2443             -9             7.8         1616.8           16.2                5       75           27.8           95.9      2010
     Feb             2,486            43             7.9         1,577            -40                4.9      84           31.1          110.0                  Jan           70.4             28,861              -42                                           -            -
     Mar             2,506            20             8.0         1,544            -33                4.8      84           33.7          112.4                  Feb           70.3             28,843              -18                                           -            -
     Apr             2,475           -31             7.9         1,512            -32                4.7      85           35.9          117.4                  Mar           70.3             28,839               -4               30,766          13          -            -
     May             2,469            -6             7.8         1,481            -31                4.6      86           38.1          119.0                  Apr           70.3             28,872               33                                           -            -
    June               -               -              -          1,465            -16                4.5      87           41.0          112.7                  May           70.5             28,980              108                                           -            -
                                                                                                                                                               June           70.5             29,023               43                 -              -          -            -
1
    Monthly figures are a 3-month average and are shown against the central month in each period. Annual figures refer to 3 months to May.          1 Seasonally adjusted, Labour Force Survey (age group 16 and over). Monthly figures represent a 3 month
2
    Annual figures are averages for the year; monthly figures refer to the single month indicated.                                                  period and are shown against the central month. Annual figures are three months to May.
3                                                                                                                                                   2
    For monthly data, current month compared to previous month.                                                                                         For working age (All age 16-59/64)
4                                                                                                                                                   3
    Change on previous year (annual data) or previous month (monthly data).                                                                             For monthly data, latest month compared to previous month.
5                                                                                                                                                   4
    Claimant count, 25+, over eighteen months, UK, nsa.                                                                                                 Annual figures are for Q2. Quarterly data are shown against the last month of the quarter.
6                                                                                                                                                   5
  Claimant count, 25+, over twenty-four months, UK, nsa.                                                                                                Manufacturing employee jobs (annual change is June on June).
7
  Claimant count, 18-24, 6 months+, UK, nsa.
                                                                            10                                                                                                                                                  11
                                        TABLE 9 - UK BALANCE OF PAYMENTS (£billion)1                                                                                          TABLE 10 - UK TRADE IN GOODS (VOLUME)1

                     Trade in     Trade in                            Total         Current       Current                                                      EU                                           Non-EU                                TOTAL
                      goods       services             Total trade   income        transfers      balance   Capital balance                                 % Change                                       % Change                              % Change
                       BOKI         IKBD                  IKBJ        HBOJ           IKBP          HBOP         FNVQ                                 Exports         Imports                        Exports         Imports               Exports         Imports
           1987        -11.7         8.6                   -3.1        -0.9           -3.4           -7.4         0.3                                LGCT             LGDL                          LGEH             LGFA                 BQKU             BQKV
           1988        -21.6         6.4                  -15.2        -1.3           -3.3          -19.7         0.2                 1988               -               -                              -               -                    2.3            13.5
           1989        -24.7         5.9                  -18.9        -2.4           -4.2          -25.5         0.3                 1989               -               -                              -               -                    5.7             8.1
           1990        -18.7         6.6                  -12.1        -4.7           -4.8          -21.6         0.5                 1990               -               -                              -               -                    6.3             0.0
           1991        -10.2         6.3                   -3.9        -5.7           -1.0          -10.6         0.3                 1991               -               -                              -               -                    1.1            -5.3
           1992        -13.1         6.4                   -6.7        -1.1           -5.2          -13.0         0.4                 1992               -               -                              -               -                    2.6             6.6
           1993        -13.1         8.2                   -4.9        -2.5           -5.1          -12.5         0.3                 1993               -               -                              -               -                    3.6             3.7
           1994        -11.1         8.2                   -3.0         1.4           -5.2           -6.8         0.0                 1994               -               -                              -               -                   10.0             4.3
           1995        -12.0         11.2                  -0.9        -0.8           -7.4           -9.1         0.5                 1995               -               -                              -               -                    9.9             6.2
           1996        -13.7         14.3                   0.6        -2.4           -4.5           -6.3         1.3                 1996               -               -                              -               -                    7.6             9.5
           1997        -12.3         16.8                   4.5         0.3           -5.7           -1.0         1.0                 1997               -               -                              -               -                    8.3             9.9
           1998        -21.8         15.0                  -6.8        11.8           -8.2           -3.2         0.5                 1998               -               -                              -               -                    1.2             8.6
           1999        -29.1         15.6                 -13.5        -1.0           -7.3          -21.9         0.7                 1999               -               -                              -               -                    3.2             6.6
           2000        -33.0         15.0                 -18.0         2.0           -9.8          -25.8         1.7                 2000             12.0             7.5                           12.7            11.6                  12.2             9.3
           2001        -41.2         17.2                 -24.0         9.4           -6.5          -21.1         1.3                 2001              4.3             9.4                           -0.6             0.6                   2.1             5.2
           2002        -47.7         19.6                 -28.1        18.3           -8.9          -18.7         0.9                 2002              1.0             9.2                           -3.4            -0.9                  -1.2             4.7
           2003        -48.6         22.6                 -26.0        17.5           -9.8          -18.3         1.5                 2003             -7.0            -0.8                           10.3             5.1                  -0.2             1.8
           2004        -60.9         28.4                 -32.5        17.8          -10.3          -24.9         2.1                 2004             -0.1             4.4                            3.5            10.3                   1.5             7.0
           2005        -68.6         25.7                 -42.8        21.9          -11.8          -32.8         1.5                 2005              5.5             9.9                           12.1             4.1                   8.9             7.0
           2006        -76.3         34.8                 -41.5         8.5          -11.9          -44.9         1.0                 2006             23.3            13.8                           -1.8             6.6                  11.5            10.5
           2007        -89.8         38.8                 -43.0        20.0          -13.5          -36.5         2.6                 2007            -16.7            -8.9                            0.6             5.2                 -10.3            -2.7
           2008        -93.1         39.8                 -37.8        28.0          -14.1          -23.8         3.2                 2008             -3.4            -2.7                            7.7            -0.8                   1.3            -1.8
           2009        -81.8         40.8                 -31.9        31.3          -14.8          -15.5         3.2                 2009            -13.0           -13.2                          -10.1           -12.1                 -11.7           -12.8
                        Monthly figures                                           Quarterly figures                                              MonY       MonM        MonY        MonM        MonY        MonM        MonY    MonM   MonY    MonM    MonY    MonM
2008                                                                                                                          2008
            Jul          -8.2              4.1                                                                                         Aug       -2.3        -0.2        -1.2        -4.1       8.8        -12.5         1.2    -2.6    2.5    -6.3    -0.1    -3.4
           Aug           -8.1              4.3                                                                                         Sep       -4.0        -0.1        -3.9         0.6       11.3        3.7         -1.6    -4.2    2.2     1.7    -2.8    -1.8
           Sep           -7.5              4.6             -10.8          6.9         -3.6         -7.5           0.6                  Oct       -5.5        -5.7        -6.6        -4.4       7.9         2.2         -3.8     1.6   -0.2    -2.1    -5.4    -1.8
           Oct           -7.5              5.6                                                                                         Nov       -6.3         1.7        -9.9        -5.2       4.4        -13.3        -5.7     0.2   -2.5    -5.7    -8.0    -2.4
           Nov           -7.9              5.8                                                                                         Dec       -9.3        -7.2       -14.7        -4.8       3.7         7.6         -3.4    -2.8   -3.8    -1.1    -9.5    -3.8
           Dec           -6.8              5.2             -5.6           0.5         -2.8         -7.8           0.7         2009
2009                                                                                                                                   Jan      -10.3         4.2       -19.3        -2.0       -5.8       -17.0         -2.8   -2.1    -8.4   -6.1    -11.8   -2.9
           Jan           -7.5              5.1                                                                                         Feb      -13.0        -7.5       -19.8         2.8       -7.1        11.1         -5.4   -7.9   -10.2    1.8    -13.5   -1.9
           Feb           -6.9              4.1                                                                                         Mar      -15.2        -4.3       -20.0        -2.9      -12.2         3.1         -9.1    0.9   -14.2   -1.9    -15.3   -0.7
           Mar           -6.7              3.9             -8.0           8.052       -3.8         -3.6           0.8                  Apr      -17.3         4.5       -19.7        -0.1       -9.3        -0.9        -10.4    2.3   -13.9    2.3    -15.7    0.6
           Apr           -7.1              3.8                                                                                         May      -18.5        -5.8       -20.7        -2.2      -10.8        -3.7        -12.2   -8.8   -15.1   -4.6    -17.0   -5.4
           May           -6.3              3.7                                                                                         Jun      -18.1         3.7       -20.5         2.1      -13.3        -0.5        -14.3    2.2   -15.9    1.4    -17.7    2.3
           Jun           -6.5              4.1             -8.3           2.821       -4.0         -9.5           0.9                   Jul     -16.6         4.4       -19.3         1.2      -17.0         1.8        -16.6    5.9   -16.9    3.0    -18.2    3.4
            Jul          -6.6              3.8                                                                                         Aug      -15.7        -4.4       -16.8         1.6      -15.1         0.3        -17.4   -8.1   -15.5   -1.9    -17.1   -2.8
           Aug           -6.2              4.1                                                                                         Sep      -13.7         5.2       -13.6         4.2      -13.8         1.0        -15.1    7.7   -13.8    3.2    -14.3    5.5
           Sep           -7.0              4.1             -7.7           8.507       -3.6         -2.9           0.7                  Oct      -11.6         0.6        -8.8         2.3       -9.6         4.9        -13.3    1.8   -10.6    2.6    -10.9    2.2
           Oct           -7.1              4.2                                                                                         Nov       -8.5         0.6        -3.5         1.4       -5.4        -0.2        -11.3   -4.7    -7.1   -0.1     -7.3   -1.6
           Nov           -6.9              4.4                                                                                         Dec       -4.6        -0.3         3.6         2.9       -0.3         6.3         -9.6    7.6    -2.4    3.4     -3.0    5.2
           Dec           -7.1              4.5             -8.0       11.902          -3.4          0.5           0.8         2010
2010                                                                                                                                   Jan       -4.4        -1.4       8.2          -3.6       6.1        -12.0        -6.7     2.4   0.5     -7.5    0.9     -0.9
           Jan           -8.1              4.4                                                                                         Feb       -0.9         1.6       8.8          -1.8       8.6         13.8         0.3    -0.8   3.4      7.4    4.8     -1.2
           Feb           -6.3              4.2                                                                                         Mar        2.1         0.8       8.8           3.5       10.0        -1.5         4.5     1.4   5.2     -0.7    6.8      2.1
           Mar           -7.4              3.9             -9.3           3.8         -4.3         -9.6           1.2                  Apr        6.4         2.1       9.8           1.0       9.0         -1.4         5.7    -2.5   6.9      0.6    7.7     -0.3
           Apr           -7.4              4.1                                                                                         May       10.9         3.6       13.6          0.5       8.4         -0.3         8.7     3.8   9.0      1.8    11.1     2.2
           May           -8.0              4.2                                                                                        June       12.5         0.7       12.8         -3.6       12.6         7.9        12.3     3.8   11.7     3.9    12.8    -0.2
1                                                                                                                             1
    Trade with whole world. Minus signs denote deficits.                                                                          Total goods exports and imports. Annual data is percentage change on a year earlier
                                                                                                                              Monthly growth rate is latest 3 months compared to same 3 months a year earlier
                                                                                                                              The term EU refers to the expanded EU (ie EU27)
                                                                                                                              These figures are not currently adjusted to take account of MTIC fraud, they will be replaced
                                                                                                                              as new data becomes available
                                                                     12                                                                                                                                     13
                                                   TABLE 11a - UK PUBLIC FINANCES                                                                                                         TABLE 11b - UK PUBLIC FINANCES

                                         FINANCIAL YEAR BORROWING FIGURES (£ billion)
                      Surplus on current budget  Net borrowing   Net cash req't       Net debt £bn1
                                                                                                                                                                                PUBLIC SECTOR NET BORROWING [£bn] 1
                                    ANMU                ANNX               RURQ                                        HF6W                                            (FINANCIAL YEAR CUMULATIVE FIGURES) (-ANNX Cumulative)
     1988-89                           8.0                6.3               -14.5                                      153.9                              2001-02        2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09                                  2009-10
     1989-90                           7.6               -1.0                -7.0                                      152.2                    Apr          1.2           -1.9     -0.2    -1.1     0.9      -1.3     0.6     -1.6                                  -8.8
     1990-91                           1.9                5.8                -0.8                                      151.3                    May         -2.0           -8.9     -7.9    -8.7    -7.6      -8.9    -7.6    -13.5                                 -26.2
     1991-92                         -11.9               22.6                13.8                                      166.1                    Jun         -4.6          -11.0    -14.3   -14.9   -13.4     -14.8   -13.7    -20.8                                 -40.9
     1992-93                         -35.2               46.7                36.2                                      201.9                     Jul        -0.9           -8.7    -13.5   -12.2   -11.2      -8.3    -7.6    -15.5                                 -46.4
     1993-94                         -41.7               51.0                46.1                                      249.8                    Aug         -1.1          -11.6    -18.8   -19.3   -16.7     -14.9   -15.6    -24.9                                 -60.0
     1994-95                         -33.5               43.3                36.6                                      290.0                    Sep         -2.0          -14.7    -21.8   -24.2   -21.8     -20.8   -20.7    -33.3                                 -74.7
     1995-96                         -24.6               34.7                31.4                                      322.1                    Oct          3.6          -12.5    -21.1   -21.9   -21.2     -17.6   -18.3    -33.4                                 -84.1
     1996-97                         -21.7               27.1                22.6                                      347.2                    Nov         -0.7          -21.0    -27.2   -31.4   -31.8     -26.4   -28.5    -48.8                                -100.7
     1997-98                          -0.9                5.8                 1.1                                      352.0                    Dec         -6.1          -25.3    -34.2   -38.0   -39.5     -32.9   -35.5    -63.3                                -116.7
     1998-99                          10.4               -4.5                -6.1                                      350.7                    Jan          0.6          -20.7    -30.2   -29.2   -28.3     -22.4   -21.3    -57.7                                -117.6
     1999-00                          21.0              -15.5                -8.1                                      344.4                    Feb          2.3          -20.9    -28.7   -31.2   -29.7     -22.3   -22.0    -66.5                                -126.3
     2000-01                          23.4              -18.3               -36.5                                      311.1                    Mar          0.2          -25.1    -33.0   -39.8   -37.4     -30.9   -33.5    -86.5                                -144.3
     2001-02                          12.1               -0.2                 4.1                                      314.3
     2002-03                         -11.3               25.1                24.6                                      346.0
                                                                                                                                                                               PUBLIC SECTOR SURPLUS ON CURRENT BUDGET
     2003-04                         -17.4               33.0                38.4                                      381.5
     2004-05                         -19.2               39.8                38.4                                      422.1                                                                             (£Bn) (ANMU)
     2005-06                         -14.0               37.4                40.4                                      461.7                              2001-02 2002-03             2003-04        2004-05 2005-06                2006-07   2007-08   2008-09   2009-10
     2006-07                          -5.0               30.8                35.1                                      497.8                    Apr         -1.6      0.5                -0.6            2.2        0.5                 0.8      0.8      -0.7      -7.4
     2007-08                          -4.6               33.7                21.5                                      527.2                    May         -2.4     -6.6                -6.9           -6.5       -8.0                -6.4     -7.4     -10.4     -15.7
     2008-09                         -49.7               86.9                59.6                                      617.0                    Jun         -2.2     -1.6                -5.7           -5.0       -5.3                -5.0     -5.1      -5.8     -11.9
                                                 HISTORICAL DATA (per cent of money GDP)                                                         Jul         4.6      3.0                 1.9            3.5        3.7                 8.1      8.2       7.6      -3.3
                                                                            Total                                        GG     Money           Aug          0.6     -1.9                -4.3           -6.0       -3.8                -5.3     -6.2      -7.6     -10.5
                   Current                   Net cash Net PS              Current   Maast.                              Gross   GDP             Sep         -0.2     -2.1                -1.8           -3.7       -3.6                -4.1     -3.5      -6.7     -11.0
                          2                                   1      36           6         4                                        5
                    Bdgt           Net borr.   req't    Debt    TME      Receipts   Deficit                              Debt   (£bn)           Oct          6.5      3.3                 1.7            3.2        2.5                 4.1      4.4       2.3      -6.2
                   ANMU            ANNX       RURQ                        ANBT /                                       YEQG /                   Nov         -3.1     -7.2                -4.8           -7.9       -8.3                -7.0     -8.3     -13.1     -13.3
                                                        HF6X                        -MDUK                                       BKTL
                   /BKTL           /BKTL      /BKTL                        BKTL                                         BKTL                    Dec         -4.2     -3.2                -6.0           -5.0       -5.5                -4.1     -4.7     -11.9     -12.3
     1988-89          1.6            -1.3       -3.0       -      38.9     40.2       -0.9                                -     490.1           Jan          8.4      6.8                 6.7           12.0       14.1                13.4     17.0      10.3       4.1
     1989-90          1.4            -0.2       -1.3       -      39.1     39.4        0.3                                -     536.9           Feb          3.4      1.9                 3.4            1.7        2.0                 3.3      3.9      -2.0      -2.7
     1990-91          0.3             1.0       -0.1       -      39.4     38.4        1.4                                -     576.8           Mar         -0.8     -2.2                -2.0           -5.0       -4.0                -2.7     -3.9     -12.2      -9.1
     1991-92         -2.0             3.7        2.3       -      41.8     38.1        3.7                                -     607.3          Total         8.9     -9.2               -18.5          -16.5      -15.6                -4.7     -4.7     -50.2     -99.4
     1992-93         -5.6             7.4        5.8     31.4     43.7     36.3        7.3                                -     627.2
     1993-94         -6.3             7.7        6.9     36.5     43.0     35.4        7.7                               45.8   665.0                                                   PUBLIC SECTOR NET DEBT 2
     1994-95         -4.8             6.2        5.2     40.1     42.5     36.4        6.4                               48.9   703.1                                           (AT THE END OF THE MONTH, % GDP) (RUTO)
     1995-96         -3.3             4.7        4.2     41.9     41.8     37.2        4.9                               51.3   744.1                     2001-02        2002-03 2003-04 2004-05 2005-06 2006-07 2007-08                                2008-09   2009-10
     1996-97         -2.7             3.4        2.9     42.5     39.9     36.4        3.7                               51.0   792.4           Apr         30.2           29.3      30.1     31.8    33.8     35.0     35.5                              42.8      54.0
     1997-98         -0.1             0.7        0.1     40.6     38.2     37.5        1.0                               48.0   843.1           May         30.4           29.4      30.4     32.1    34.1     35.4     35.9                              43.5      55.5
     1998-99          1.2            -0.5       -0.7     38.4     37.2     37.7       -0.3                               45.3   890.3           Jun         31.2           29.8      31.1     32.8    34.9     36.4     36.5                              44.4      57.3
     1999-00          2.2            -1.6       -0.9     35.6     36.3     37.9       -1.2                               41.9   944.6            Jul        30.3           29.2      30.4     32.2    34.0     35.2     35.4                              43.5      57.3
     2000-01          2.4            -1.9       -3.7     30.7     36.8     38.6       -1.5                               38.9   989.6           Aug         30.2           29.3      30.6     32.3    34.3     35.4     35.8                              44.0      57.4
     2001-02          1.2             0.0        0.4     29.7     37.7     37.8        0.2                               37.0   1031.5          Sep         30.3           29.7      31.1     33.0    34.9     36.1     36.2                              48.5      58.6
     2002-03         -1.0             2.3        2.2     30.8     38.6     36.3        2.5                               36.7   1092.1          Oct         29.6           30.2      30.9     32.8    34.5     35.3     42.5                              48.7      58.9
     2003-04         -1.5             2.9        3.3     32.1     39.4     36.5        3.2                               38.9   1157.4          Nov         30.0           30.6      31.3     33.4    35.0     35.8     43.1                              49.8      59.8
     2004-05         -1.6             3.3        3.2     34.0     40.5     37.3        3.5                               40.1   1214.7          Dec         30.9           31.5      32.4     34.5    36.1     36.6     44.1                              52.0      61.0
     2005-06         -1.1             2.9        3.2     35.3     41.2     38.3        3.0                               42.0   1270.8          Jan         29.6           30.2      31.1     33.1    34.2     34.9     42.2                              50.3      60.1
     2006-07         -0.4             2.3        2.6     36.0     40.9     38.6        2.6                               42.9   1346.2          Feb         29.1           30.0      31.0     33.0    34.3     34.8     42.4                              50.8      60.5
     2007-08         -0.3             2.4        1.5     36.5     41.1     38.7        2.7                               43.6   1418.2          Mar         29.7           30.8      32.1     34.0    35.3     35.9     43.0                              53.0      62.1
     2008-09         -3.5             6.1        4.4     44.0     43.3     37.2        6.8                               55.8   1434.0   1 Previously known as public sector financial surplus/deficit in old system of national accounts
1
    Excluding financial interventions.                                                                                                   2 Including financial sector interventions
2
    Surplus on current budget.
3
    Total Managed Expenditure.
4
    Updated by ONS in March and Sept only. May not reflect revisions to national accounts basis data at other times.
5
    GDP centred on end-March
6
    Taken from Public Finances Databank
                                                                          14                                                                                                                                       15
                            TABLE 12 - UK, US & EU BASE & EXCHANGE RATES2                                                                  TABLE 13 - UK INTEREST RATES


                                                               BOE                                                                      Three-month rates1                                 Long-term     Mortgage
                                                                                                                           Sterling        Differential between UK and…
2005                         Policy rate[%]            Sterling ERI1               Euro/£1   $/£1                          LIBOR             Germany            USA                          rates2       rates3
               4 Aug              4.50                      98.5                    1.44     1.78                          HSAJ                AJHZ             AFBI                                      AJVT
2006                                                                                                          1989          15.13                6.91            6.82                         10.19       13.61
               3 Aug               4.75                     102.5                   1.47     1.87             1990          14.00                4.76            6.53                         11.80       14.99
               9 Nov               5.00                     103.2                   1.49     1.90             1991          10.94                1.27            6.72                         10.11       12.72
2007                                                                                                          1992           7.00               -1.85            3.63                          9.06       10.65
              11 Jan               5.25                     105.1                   1.50     1.94             1993           5.31               -0.69            2.00                          7.47        8.09
              10 May               5.50                     103.8                   1.47     1.98             1994           6.53                1.29            0.12                          8.17        7.68
               5 July              5.75                     104.8                   1.48     2.01             1995           6.47                2.68            0.97                          8.24        8.25
               6 Dec               5.50                      99.7                   1.39     2.03             1996           6.44                3.31            0.98                          7.82        7.19
2008                                                                                                          1997           7.53                3.91            1.88                          7.05        7.78
               7 Feb               5.25                      95.8                   1.34     1.94             1998           6.16                2.95            1.19                          5.52        8.62
              10 Apr               5.00                      92.2                   1.25     1.98             1999           5.94                2.66            0.02                          5.08        6.92
               8 Oct               4.50                      90.0                   1.27     1.73             2000           5.81                0.99           -0.51                          5.31        7.55
               6 Nov               3.00                      86.0                   1.24     1.59             2001           4.03                0.76            2.23                          4.94        6.81
               4 Dec               2.00                      80.1                   1.15     1.48             2002           3.94                1.10            2.62                          4.91        5.66
2009                                                                                                          2003           3.95                1.86            2.88                          4.52        5.47
                8 Jan              1.50                      78.7                   1.11     1.52             2004           4.81                2.69            2.28                          4.87        6.15
                5 Feb              1.00                      79.3                   1.14     1.46             2005           4.57                2.10            0.09                          4.41        6.53
                5 Mar              0.50                      78.3                   1.13     1.41             2006           5.26                1.57           -0.05                          4.45        6.51
                                                                                                              2007           5.95                1.77            0.23                          5.01        7.44
                                                               FED                                            2008           2.75                1.65            0.20                          4.57        6.90
                                                                                                              2009           0.55                1.65            0.27                          3.65        4.05
                             Base rate[%]              Sterling ERI1               Euro/£1   $/£1   2008
2007                                                                                                          Jun             5.90                 0.99                  2.95                 5.21         6.92
              11 Dec               4.25                     100.1                   1.39     2.04              Jul            5.80                 0.83                  2.93                 5.05         6.92
2008                                                                                                          Aug             5.76                 0.79                  2.77                 4.73         6.93
              22 Jan               3.50                      96.3                   1.34     1.96             Sep             5.87                 1.03                  0.98                 4.57         6.95
              30 Jan               3.00                      96.9                   1.33     1.97             Oct             6.18                 1.23                  3.15                 4.58         6.91
              18 Mar               2.25                      94.2                   1.29     2.01             Nov             4.40                 0.25                  0.33                 4.26         6.34
               1 May               2.00                      93.7                   1.27     1.97             Dec             3.22                 0.01                  1.49                 3.62         5.38
                8 Oct              1.50                      90.0                   1.27     1.73   2009
              29 Oct               1.00                      86.9                   1.27     1.64             Jan             2.28                  0.16                 0.68                 3.67         4.73
              16 Dec               0.00                      79.3                   1.11     1.53             Feb             2.08                  0.32                 0.56                 3.69         4.38
                                                                                                              Mar             1.83                  0.19                 0.54                 3.25         4.06
                                                               ECB                                            Apr             1.49                  0.09                 0.10                 3.41         3.82
                                                                                                              May             1.31                  0.03                 0.53                 3.62         3.83
                             Base rate[%]              Sterling ERI1               Euro/£1   $/£1             Jun             1.21                  0.11                 0.28                 3.72         3.95
2007                                                                                                           Jul            1.03                  0.04                 0.24                 3.82         4.11
              14 Mar               3.75                     102.8                   1.46     1.92             Aug             0.80                 -0.10                 0.34                 3.71         3.93
              13 Jun               4.00                     104.8                   1.48     2.01             Sep             0.62                 -0.11                 0.02                 3.66         3.91
2008                                                                                                          Oct             0.56                  0.03                 0.19                 3.57         3.91
                 3 Jul             4.25                      93.2                   1.27     1.99             Nov             0.60                  0.02                 0.42                 3.76         3.98
                8 Oct              3.75                      90.0                   1.27     1.73             Dec             0.61                  0.05                 0.22                 3.89         3.97
                6 Nov              3.25                      86.0                   1.24     1.59   2010
                4 Dec              2.50                      80.1                   1.15     1.48              Jan            0.60                 0.09                  0.24                 4.03         4.08
2010                                                                                                          Feb             0.60                 0.10                  0.46                 4.07         4.05
              15 Jan               2.00                      78.0                   1.12     1.46             Mar             0.60                 0.12                  0.34                 4.08         4.04
               5 Mar               1.50                      78.3                   1.13     1.41              Apr            0.60                 0.09                  0.09                 4.09         3.99
               2 Apr               1.25                      77.6                   1.09     1.47             May             0.67                 0.12                 -0.12                 5.09         3.94
               7 May               1.00                      78.9                   1.12      1.5            June             0.71                 0.14                 -0.05                 6.09         3.92
1
    London close on day of trading, sterling index 2005=100 (XUDLBK67)                                        July            0.75                 0.02                  0.11                 7.09           -
2                                                                                                   1
    See the latest indicators on page 1 for the latest exchange rates & the £ERI                    At end of period
                                                                                                    2
                                                                                                    from May 2007 new BoE series (IUMAMNPY)
                                                                                                    3
                                                                                                    Rate prevailing at end of period, composit banks and building societies, pre-1995 series code AJNL


                                                                 16                                                                                              17
                            TABLE 14 - MONETARY INDICATORS, SHARE & COMMODITY PRICES                                                                                                        TABLE 15 - WORLD EXCHANGE RATES1

                                                                                                                                                                            2
                                                                                                                                  All                              £ ERI            $ ERI             £/$         £/€           £/Y             €/$       $/Y     €/Y
                      M01            M4         M4 lending FTSE 100                                Oil3                      Commodities2               1995        82.2             91.8            1.58        1.22          148.3           1.29      94.0    121.5
                   [YOY%]         [YOY%]         [YOY%]                                                                        Sterling                 1996        83.6             96.6            1.56        1.25          169.7           1.25      108.8   136.1
                    B8H3           VQJW           VQJU        -                    $                £             YoY             -                     1997        96.2            104.4            1.64        1.45          198.3           1.13      121.0   136.6
         1988         6.7           17.2           24.6     1801.5                14.0             8.1              -              -                    1998        99.7            109.5            1.66        1.48          216.6           1.12      130.7   146.5
         1989         5.9           18.0           21.5     2194.9                17.7            10.8            34.1          128.5                   1999        99.1            106.8            1.62        1.52          183.8           1.06      113.7   121.2
         1990         5.3           16.3           13.8     2207.2                23.3            12.9            19.1          116.5                   2000       100.9            111.2            1.51        1.64          163.0           0.92      107.8   99.5
         1991         2.4            7.9            6.4     2478.6                19.9            11.3           -12.2          102.0                   2001        99.2            118.5            1.44        1.61          174.9           0.89      121.5   108.8
         1992         2.4            4.5            4.2     2584.8                19.3            11.0            -2.7          100.1                   2002       100.4            117.2            1.50        1.59          187.9           0.94      125.2   118.1
         1993         4.9            2.8            3.6     2994.0                17.2            11.4             4.0          100.4                   2003        96.8            103.6            1.63        1.44          189.3           1.13      115.8   131.0
         1994         6.3            5.2            5.1     3127.2                15.9            10.3            -9.6          127.3                   2004       101.6             95.3            1.83        1.47          198.0           1.24      108.1   134.4
         1995         6.0            7.0            9.0     3360.1                16.9            10.7             3.8          138.7                   2005       100.4             94.2            1.82        1.46          200.2           1.24      110.1   136.9
         1996         6.7            9.9            8.6     3845.3                20.3            13.0            20.9          130.0                   2006       101.2             93.8            1.84        1.47          214.1           1.26      116.3   146.1
         1997         6.2            9.1            9.0     4694.8                19.3            11.8            -9.2          132.8                   2007       103.7             89.4            2.00        1.46          235.6           1.37      117.7   161.3
         1998         6.1            5.8            7.8     5667.1                13.3             8.1           -31.7          109.0                   2008        91.1             84.4            1.83        1.25          189.39          1.46      103.3   152.4
         1999         7.3            5.5            8.7     6312.9                18.0            11.2            38.5           98.6                   2009        80.5             85.4            1.56        1.12          146.08          1.39      93.6    130.4
         2000         8.0            6.7           11.3     6348.0                28.5            18.9            69.8          101.7            2008
         2001         7.0            8.0            7.4     5541.1                24.9            17.3            -8.8           95.1                   May          93.0            81.0            1.97        1.26           205.0          1.56      104.3   162.3
         2002         7.9            5.8            9.1     4565.8                25.0            16.6            -3.7           99.4                   Jun          93.1            82.0            1.97        1.26           210.2          1.56      106.9   166.4
         2003         7.4            6.8            9.5     4029.8                28.5            17.4             4.8          110.4                    Jul         93.3            81.5            1.99        1.26           212.5          1.58      106.8   168.4
         2004         6.0            8.8           11.5     4519.8                38.0            20.8            19.2          128.4                   Aug          91.6            84.8            1.89        1.26           206.2          1.49      109.4   163.6
         2005         5.1           10.7           10.7     5167.5                55.2            30.5            46.7          133.9                   Sep          90.0            85.9            1.80        1.25           191.6          1.44      106.6   153.0
         2006          -            13.0           13.2     5940.9                66.1            35.9            17.8          170.8                   Oct          89.5            89.6            1.69        1.27           169.1          1.33      100.2   133.2
         2007          -            12.8           12.8     6425.2                72.7            36.2             0.9          202.2                   Nov          83.7            91.6            1.53        1.20           148.0          1.27      96.8    123.3
         2008          -            12.0           12.7     5356.9                98.5            52.3            44.3          228.6                   Dec          78.2            89.0            1.49        1.10           135.4          1.35      91.1    123.3
         2009          -            12.3            8.2     4593.0                62.7            39.7           -24.1          181.4            2009
                     MonY           MonY           MonY       -                    $                £             YoY              -                    Jan          77.0            89.2             1.4         1.1           130.8           1.3       90.3   120.0
2008                                                                                                                                                    Feb          78.9            91.4             1.4         1.1           133.8           1.3       92.8   118.8
          Sep           -            11.0           12.4           4902.5        100.8            56.0            47.0            226.8                 Mar          77.0            92.8            1.42        1.09           138.7          1.31       97.7   127.7
          Oct           -            14.1           13.8           4377.3        73.7             43.5            7.8             184.4                 Apr          78.9            91.5            1.47        1.12           145.3          1.32       98.9   130.6
          Nov           -            15.3           13.5           4288.0        54.7             35.8           -19.7            163.2                 May          80.5            88.0            1.54        1.13           148.9          1.37       96.5   131.9
          Dec           -            15.5           12.8           4434.2        43.1             28.9           -36.2            149.9                 Jun          84.1            86.3            1.64        1.17           158.2          1.40       96.7   135.4
2009                                                                                                                                                     Jul         83.6            87.3            1.64        1.16           159.2          1.41       94.4   133.0
          Jan           -            16.5           11.9           4149.6         45.7            31.6           -32.3            160.0                 Aug          83.6            88.3            1.65        1.16           160.2          1.43       94.9   135.4
          Feb           -            17.7           12.0           3830.1         43.9            30.4           -36.9            156.2                 Sep          81.2            89.3            1.63        1.12           161.2          1.46       91.4   133.1
          Mar           -            17.0           12.4           3926.1         47.4            33.4           -35.1            155.6                 Oct          79.5            90.3            1.62        1.09           162.2          1.48       90.3   133.8
          Apr           -            16.2           10.1           4243.7         51.4            34.9           -37.4            166.4                 Nov          81.0            91.3            1.66        1.11           163.2          1.49       89.1   133.0
          May           -            15.7           11.0           4417.9         58.6            37.9           -40.3            177.4                 Dec          80.4            92.3            1.62        1.11           164.2          1.46       90.0   131.1
          Jun           -            13.6            8.2           4249.2         69.3            42.3           -37.8            187.6          2010
           Jul          -            14.2            8.1           4608.4         65.8            40.1           -40.7            182.0                   Jan        81.0            93.3            1.62        1.13           165.2          1.43       91.2   130.2
          Aug           -            12.7            7.1           4908.9         73.1            44.2           -27.7            194.7                  Feb         80.3            94.3            1.56        1.14           166.2          1.37       90.1   123.3
          Sep           -            11.9            6.6           5133.9         68.1            41.8           -25.5            191.6                  Mar         77.5            95.3            1.51        1.11           167.2          1.36       90.7   123.1
          Oct           -            11.1            5.9           5044.6         73.9            45.6            5.0             194.4                   Apr        79.4            96.3            1.53        1.14           168.2          1.34       93.5   125.5
          Nov           -            9.4             5.6           5190.7         77.6            46.7            30.7            202.6                  May         79.3            97.3            1.46        1.17           169.2          1.25       91.9   115.2
          Dec           -            6.6             5.7           5412.9         75.2            46.3            60.2            210.9                 June         81.1            98.3            1.48        1.21           170.2          1.22       90.8   110.8
2010                                                                                                                                                     July        81.5            99.3            1.53        1.20           171.2          1.28       87.5   112.1
                                                                                                                                                 1
           Jan          -             4.9            6.0           5188.5         77.0            47.7            50.9            217.2          Average of daily rates (at London close). Source Ecowin.
                                                                                                                                                 2
          Feb           -             3.8            4.9           5354.5         74.8            47.9            57.3            208.9          New re-based index Jan 2005=100; source Bank of England.
          Mar           -             3.3            3.7           5679.6         79.9            53.1            59.1            210.7
           Apr          -             3.2            4.0           5553.3         85.8            55.9            60.2            218.1                                                      Euro Conversion Rates - Eurozone 15 Currencies
          May           -             2.7            2.5           5188.4         77.0            52.5            38.6            206.7                         Austrian Schiling               13.7603                    Luxembourg Franc           40.3399
         June           -             3.1            2.3           4916.9         75.7            51.3            21.2            200.8                         Belgian Franc                   40.3399                    Irish Pound                0.787564
          July          -             2.3            1.6           5258.0         75.4            49.3            22.8            206.9                         Deutschemark                    1.95583                    Italian Lira               1936.27
                                                                                                                                                                Dutch Guilder                   2.20371                    Portuguese Escudo          200.482
1
 The Bank of England will no longer publish data on M0 and bankers' operational deposits. This release now covers only separate data for notes                  Finnish Markka                  5.94573                    Spanish Peseta             166.386
and coin in circulation                                                                                                                                         French Franc                    6.55957                    Slovenian Tolar            239.640
2
    "Economist" indices;2000=100, end of month figure.                                                                                                          Greek Drachma                   340.750                    Maltese Lira               0.4293
3
    Brent Crude Oil Futures 1-Pos, ICE, Close, change in sterling price                                                                                         Cypriot Pound                   0.585274
                                                                          18                                                                                                                                       19
                                                                                            1
                                                         TABLE 16 - WORLD INFLATION                                                                                                   TABLE 16b - WORLD INFLATION

                                                                                                  1      1      1                                   2              2              2            2         2               2          2          2          2         2
                      EU27         EA            G7            UK              US      J        G      Fr     It     Can                      Sp            Neth            Bel         Den        Gr             Por        Ire        Swe        Aus        Fin
    1993                -           -            2.8           2.5             3.0    1.3        -      -     4.5    1.9        1992          5.9             -              2.3         2.0       15.9            8.9        3.1        2.3        3.4        3.2
    1994                -           -            2.3           2.0             2.6    0.7        -      -     4.2    0.2        1993          4.9             -              2.5         0.9       14.4            5.9        1.4        4.6        3.2        3.3
    1995                -           -            2.2           2.6             2.8   -0.1        -      -     5.4    2.1        1994          4.6             -              2.4         1.8       10.9            5.0        2.3        2.2        2.7        1.6
    1996                -           -            2.3           2.5             2.9    0.1       1.2    2.1    4.0    1.6        1995          4.6             -              1.3         2.1       8.9             4.0        2.5        2.5        1.6        0.4
    1997               7.3         1.7           2.1           1.8             2.3    1.8       1.5    1.3    1.9    1.6        1996          3.6             -              1.8         2.1       7.9             2.9        2.2        1.0        1.8        1.1
    1998               4.6         1.2           1.3           1.6             1.6    0.7       0.6    0.7    2.0    1.0        1997          1.9            6.3             1.5         2.0       5.4             1.9        1.3        1.8        1.2        1.2
    1999               3.0         1.1           1.4           1.3             2.2   -0.3       0.6    0.6    1.7    1.7        1998          1.8            2.7             0.9         1.3       4.5             2.2        2.1        1.0        0.8        1.4
    2000               3.5         2.2           2.2           0.8             3.4   -0.7       1.4    1.8    2.6    2.7        1999          2.2            1.2             1.1         2.1       2.1             2.2        2.5        0.5        0.5        1.3
    2001               3.2         2.4           2.1           1.2             2.8   -0.8       1.9    1.8    2.3    2.5        2000          3.5            2.3             2.7         2.7       2.9             2.8        5.3        1.3        2.0        3.0
    2002               2.5         2.3           1.3           1.3             1.6   -0.9       1.4    1.9    2.6    2.3        2001          2.8            5.1             2.4         2.3       3.7             4.4        4.0        2.7        2.3        2.7
    2003               2.1         2.1           1.7           1.4             2.3   -0.2       1.0    2.2    2.8    2.8        2002          3.6            3.9             1.6         2.4       3.9             3.7        4.7        1.9        1.7        2.0
    2004               2.3         2.1           2.1           1.4             2.7    0.0       1.8    2.3    2.3    1.9        2003          3.1            2.2             1.5         2.0       3.4             3.3        4.0        2.3        1.3        1.3
    2005               2.3         2.2           2.4           2.0             3.4   -0.3       1.9    1.9    2.2    2.2        2004          3.1            1.4             1.9         0.9       3.0             2.5        2.3        1.0        2.0        0.1
    2006               2.3         2.2           2.4           2.3             3.2    0.2       1.8    1.9    2.2    2.0        2005          3.4            1.5             2.5         1.7       3.5             2.1        2.2        0.8        2.1        0.8
    2007               2.4         2.1           2.2           2.3             2.9    0.1       2.3    1.6    2.0    2.1        2006          3.6            1.7             2.3         1.9       3.3             3.0        2.7        1.5        1.7        1.3
    2008               3.7         3.3           3.2           3.6             3.8    1.4       2.8    3.2    3.5    2.4        2007          2.8            1.6             1.8         1.7       3.0             2.4        2.9        1.7        2.2        1.6
    2009               1.0         0.3          -0.1           2.2            -0.4   -1.4       0.2    0.1    0.8    0.3        2008          4.1            2.2             4.5         3.6       4.2             2.7        3.1        3.3        3.2        3.9
     Dec               3.2         3.1           3.1           2.1             4.1    0.7       3.1    2.8    2.8    2.4    2007
2008                                                                                                                             Nov          4.1            1.8            2.9          2.5       3.9            2.8        3.5        2.4        3.2        2.3
      Jan             3.4          3.2           3.2           2.2            4.4    0.7        2.9    3.2    3.1    2.2          Dec         4.3            1.6            3.1          2.4       3.9            2.7        3.2        2.5        3.5        2.0
     Feb              3.5          3.3           3.2           2.5            4.1    1.0        3.0    3.2    3.1    1.8    2008
     Mar              3.7          3.6           3.3           2.5            4.0    1.2        3.3    3.5    3.6    1.4          Jan         4.4            1.8            3.5          3.0       3.9            2.9        3.1        3.0        3.1        3.5
      Apr             3.6          3.3           3.1           3.0            4.0    0.8        2.6    3.4    3.6    1.7          Feb         4.4            2.0            3.6          3.3       4.5            2.9        3.5        2.9        3.1        3.3
     May              4.0          3.7           3.4           3.3            4.1    1.3        3.1    3.7    3.7    2.2          Mar         4.6            1.9            4.4          3.3       4.4            3.1        3.7        3.3        3.5        3.6
     Jun              4.2          4.0           4.2           3.8            4.9    2.0        3.4    4.0    4.0    3.1          Apr         4.2            1.7            4.1          3.4       4.4            2.5        3.3        3.2        3.4        3.2
      Jul             4.4          4.0           4.6           4.4            5.5    2.3        3.5    4.0    4.0    3.4         May          4.7            2.1            5.1          3.6       4.9            2.8        3.7        3.7        3.7        4.2
     Aug              4.3          3.8           4.4           4.7            5.3    2.1        3.3    3.5    4.2    3.5        June          5.1            2.3            5.8          4.2       4.9            3.4        3.9        4.0        4.0        4.4
     Sep              4.2          3.6           4.2           5.2            5.0    2.1        3.0    3.4    3.9    3.4         July         5.3            3.0            5.9          4.4       4.9            3.1        3.6        3.8        3.8        4.4
      Oct             3.7          3.2           3.2           4.5            3.7    1.7        2.5    3.0    3.6    2.6         Aug          4.9            3.0            5.4          4.8       4.8            3.1        3.2        4.1        3.6        4.7
     Nov              2.8          2.1           1.5           4.1            1.0    1.0        1.4    1.9    2.7    2.0         Sept         4.6            2.8            5.5          4.5       4.7            3.2        3.2        4.2        3.7        4.7
     Dec              2.2          1.6           0.8           3.1            0.0    0.4        1.1    1.2    2.4    1.2          Oct         3.6            2.5            4.8          3.8       4.0            2.5        2.7        3.4        3.0        4.3
2009                                                                                                                             Nov          2.4            1.9            3.2          2.8       3.0            1.4        2.1        2.4        2.3        3.5
      Jan             1.7           1.1          0.6           3.0            -0.1    0.0        0.9    0.8    1.4    1.1         Dec         1.5            1.7            2.7          2.4       2.2            0.8        1.3        2.1        1.5        3.4
     Feb              1.8           1.2          0.7           3.2             0.1   -0.1        1.0    1.0    1.5    1.4   2009
     Mar              1.4           0.6          0.1           2.9            -0.4   -0.3        0.4    0.4    1.1    1.2         Jan         0.8            1.7            2.1          1.7       2.0             0.1        1.1       2.0         1.2       2.5
      Apr             1.3           0.6         -0.1           2.3            -0.6   -0.1        0.8    0.1    1.2    0.4         Feb         0.7            1.9            1.9          1.7       1.8             0.1        0.1       2.2         1.4       2.7
     May              0.8           0.0         -0.6           2.2            -1.0   -1.1        0.0   -0.3    0.8    0.1         Mar        -0.1            1.8            0.6          1.6       1.5            -0.6       -0.7       1.9         0.6       2.0
     Jun              0.6          -0.1         -0.9           1.8            -1.3   -1.8        0.0   -0.6    0.6   -0.3         Apr        -0.2            1.8            0.7          1.1       1.1            -0.6       -0.7       1.8         0.5       2.2
     July             0.2          -0.6         -1.5           1.8            -2.0   -2.2       -0.7   -0.8   -0.1   -0.9        May         -0.9            1.5           -0.2          1.1       0.7            -1.2       -1.7       1.7         0.1       1.5
     Aug              0.6          -0.2         -1.0           1.6            -1.5   -2.2       -0.1   -0.2    0.1   -0.8       June         -1.0            1.4           -1.0          0.9       0.7            -1.6       -2.2       1.6        -0.3       1.6
     Sep              0.3          -0.3         -1.0           1.1            -1.3   -2.2       -0.5   -0.4    0.4   -0.9        July        -1.3           -0.1           -1.7          0.7       0.7            -1.4       -2.6       1.8        -0.4       1.1
      Oct             0.5          -0.1         -0.4           1.5            -0.2   -2.5       -0.1   -0.2    0.3    0.1        Aug         -0.7           -0.1           -0.7          0.7       1.0            -1.2       -2.4       1.9         0.2       1.3
     Nov              1.0           0.5          1.0           1.9             1.8   -1.9        0.3    0.5    0.8    1.0        Sep         -0.9            0.0           -1.0          0.5       0.7            -1.8       -3.0       1.4         0.0       1.0
     Dec              1.5           0.9          1.7           2.9             2.8   -1.7        0.8    1.0    1.1    1.3         Oct        -0.6            0.4           -0.9          0.6       1.2            -1.6       -2.8       1.8         0.1       0.6
2010                                                                                                                             Nov          0.4            0.7            0.0          0.9       2.1            -0.8       -2.8       2.4         0.6       1.3
      Jan             1.7          1.0           1.8           3.5            2.7    -1.3       0.8    1.2    1.3    1.9          Dec         0.9            0.7            0.3          1.2       2.6            -0.1       -2.6       2.8         1.1       1.9
     Feb              1.5          0.9           1.5           3.0            2.2    -1.1       0.5    1.4    1.1    1.6    2010
     Mar              1.9          1.4           1.8           3.4            2.4    -1.1       1.2    1.7    1.4    1.4          Jan         1.1            0.4            0.8          1.9       2.3            0.1        -2.4       2.7        1.2        1.6
      Apr             2.1          1.5           1.8           3.7            2.2    -1.2       1.0    1.9    1.6    1.8          Feb         0.9            0.3            0.8          1.8       2.9            0.2        -2.4       2.8        0.9        1.3
     May              2.0          1.6           1.6           3.4            2.0    -0.9       1.2    1.9    1.6    1.4          Mar         1.5            0.7            1.9          2.1       3.9            0.6        -2.4       2.5        1.8        1.6
    June              1.9          1.4           1.0           3.2            1.1    -0.7       0.8    1.7    1.5    1.0          Apr         1.6            0.6            2.1          2.4       4.7            0.7        -2.5       2.1        1.8        1.6
     July             2.1          1.7            -            3.1            1.3    -0.9       1.2    1.9    1.8    1.8         May          1.8            0.4            2.5          1.9       5.3            1.1        -1.9       1.9        1.7        1.5
1
HICP Index, percentage changes on a year earlier, not seasonally adjusted.                                                        Jun         1.5            0.2            2.7          1.7       5.2            1.1        -2.0       1.6        1.8        1.2
HICP Index starting points: 1996: EC15, G, 1991: IT, FR, prior to this consumer or                                                 Jul        1.9            1.3            2.4          2.1       5.5            1.9        -1.2       1.4        1.7        1.3
retail prices used.                                                                                                         Prior to these dates, retail and consumer prices used.
CPI used unless otherwise stated


                                                                               20                                                                                                                            21
                                                 TABLE 17 - G7 PRODUCTIVITY                                                                                             TABLE 18 - G7 INVESTMENT

                                                                                                                                                                                                                           2
                                                                                                                                              UK            US             J        G         Fr          It    Can     G7
                                             1                2              3           4                4         5
                         UK             US                 J         G                 Fr            It       Can                                                             % Share of GDP
                                                         Y-on-Y Growth Rates                                                1999              17.4          16.9         25.2      21.3      18.7       19.6    18.3    19.3
           1986           -              3.1                -         -                 1.6           -         -           2000              17.1          17.3         25.2      21.4      19.5       20.4    17.5    19.5
           1987           -              0.3                -         -                 1.8           -         -           2001              16.8          16.5         25.2      20.2      19.5       20.3    17.5    19.0
           1988           -              1.6                -         -                 2.1           -        0.8          2002              16.8          15.4         24.3      18.7      18.8       20.9    17.1    18.1
           1989           -              0.8                -         -                 3.2           -        0.8          2003              16.4          15.4         24.2      18.5      18.8       20.4    17.2    18.1
           1990           -              1.8                -         -                 2.7           -       -0.2          2004              16.7          16.0         24.2      17.9      19.3       20.4    17.5    18.4
           1991           -              1.5               3.1        -                 1.8           -        0.3          2005              16.7          16.8         24.8      17.8      19.9       20.7    17.9    18.9
           1992           -              4.0              -3.5       5.5                1.0           -        2.0          2006              17.1          16.9         24.6      18.6      20.7       21.1    18.2    19.1
           1993          3.0             0.6              -1.4       3.4                1.9           -        1.0          2007              17.8          16.1         23.9      18.7      21.5       21.2    17.8    18.7
           1994          2.6             1.0               2.6       8.4                0.3          7.9       2.9          2008              16.6          14.9         23.7      18.7      21.8       21.1    17.1    18.1
           1995          1.3             0.4               4.3       4.9                1.7          7.3       1.3          2009              14.7          12.2         21.8      17.4      20.6       20.3    15.1    16.0
           1996          1.9             2.6               3.2       5.1                0.9         -0.6      -0.2      2007
           1997          1.6             1.5               5.5       6.9                0.9          4.2       2.6            Q3              17.7          16.1         23.7       18.4        21.4    21.2    17.8    18.7
           1998          2.9             2.9              -3.0       4.2                1.2          0.3       2.4            Q4              18.1          15.7         23.5       18.9        21.8    21.1    17.7    18.5
           1999          2.7             3.3               3.6       2.7                2.0          1.7       3.3      2008
           2000          3.7             3.3               6.9       6.2                0.9          3.8       3.5            Q1              17.1          15.4         24.1       19.0        21.9    21.0    17.7    18.5
           2001          1.2             3.0              -2.9       1.3                0.9         -2.1       1.1            Q2              16.9          15.2         23.9       18.5        22.0    20.9    17.2    18.2
           2002          2.1             4.5               3.8       2.8               -0.4         -2.1       1.4            Q3              16.4          14.8         23.8       18.6        21.9    21.0    17.0    18.0
           2003          2.5             3.6               4.9       1.6                1.7         -2.0       0.2            Q4              16.2          14.1         23.1       18.7        21.3    20.0    16.7    17.4
           2004          2.0             2.8               4.9       4.6                2.2          1.1       0.2      2009
           2005          1.1             1.6               2.2       5.0                1.4          0.1       2.4            Q1              15.4          12.7         22.6       17.7        21.0    19.2    15.5    16.4
           2006          2.4             0.9               3.2       5.4                1.4          0.1       1.1            Q2              14.5          12.2         21.8       17.4        20.7    18.9    15.0    15.9
           2007          2.0             1.6               2.4       4.5                0.9          0.1       0.0            Q3              14.7          12.0         21.4       17.3        20.4    18.7    15.0    15.7
           2008         -0.5             1.0              -3.0      -1.2                0.8         -0.3      -0.9            Q4              14.3          11.8         21.4       17.1        20.1    18.8    14.7    15.5
           2009         -1.9             3.5             -15.1      -9.2                0.9         -1.0       0.4      2010
2005                                                                                                                          Q1              14.9          11.7         21.1       17.2        19.9    18.8    14.8    15.5
             Q4          2.0             1.4              2.9              7.7         1.0          1.3       2.9
2006                                                                                                                                                                Percentage Change on a Year Earlier
             Q1          2.7             1.1              1.6              5.8         1.3           0.3       3.2          2000               2.7            7.4          1.1      3.7       7.5         7.1    4.8      5.4
             Q2          1.8             1.4              3.1              7.1         2.0          -0.4       1.4          2001               2.6           -1.9         -1.1     -3.4       2.3         2.4    3.0     -0.8
             Q3          2.7             0.2              3.7              7.3         1.2          -0.1       0.1          2002               3.6           -4.2         -4.9     -6.1      -1.6         3.7    1.3     -3.0
             Q4          2.2             0.9              4.6              6.4         1.2           0.7      -0.3          2003               1.1            3.2         -0.4     -0.3       2.2        -0.9    6.3      1.8
2007                                                                                                                        2004               5.1            7.3          1.3     -1.3       3.3         1.5    8.0      4.5
             Q1          2.2             0.3              3.1              8.0         1.2           1.3      -0.6          2005               2.4            6.5          3.2      1.1       4.5         1.4    9.0      4.6
             Q2          1.8             0.9              1.5              5.1         0.4           1.2       0.4          2006               6.4            2.3          0.5      8.7       4.5         3.1    7.1      3.4
             Q3          2.0             2.5              2.8              4.3         1.2          -0.6       0.3          2007               7.8           -1.8         -1.3      4.9       5.9         1.3    3.1      0.7
             Q4          1.9             2.6              2.0              3.7         0.8          -1.5      -0.1          2008              -5.0           -6.4         -2.8      1.8       0.3        -4.0    0.8     -3.8
2008                                                                                                                        2009             -15.0          -18.3        -13.8    -10.0      -7.0       -12.2   -16.0   -15.0
             Q1          0.2             2.2               1.1              2.7         0.6         -1.0      -1.1      2008
             Q2          1.0             1.9               0.5              0.5         0.2         -1.5      -1.1            Q2              -1.4           -4.2         -1.8       2.6         1.7    -1.0     2.6    -1.9
             Q3         -0.8             0.5              -1.5             -2.0        -0.3         -1.2      -0.9            Q3              -6.0           -6.9         -2.1       2.4        -0.2    -3.7     1.7    -3.9
             Q4         -2.4            -0.4             -11.9             -9.4        -1.5         -2.7      -0.7            Q4             -10.5          -12.3         -5.5      -2.1        -4.1    -9.3    -5.0    -8.7
2009                                                                                                                    2009
             Q1         -2.4             0.8             -27.7             -21.2       -2.8         -5.2      0.1             Q1             -13.6          -20.1        -14.0     -11.6        -7.3    -13.9   -15.6   -16.1
             Q2         -3.5             2.5             -19.0             -18.9       -1.7         -4.4      0.3             Q2             -19.5          -21.3        -14.8      -9.9        -7.1    -15.3   -18.5   -17.2
             Q3         -1.9             4.6             -13.0             -13.6       -1.1         -3.0      0.1             Q3             -13.5          -18.6        -15.3      -9.6        -7.5    -12.6   -17.6   -15.4
             Q4          0.3             6.2              1.5               -4.9        0.8         -1.1      1.1             Q4             -13.3          -12.9        -11.2      -8.7        -6.1     -6.7   -12.2   -11.2
2010                                                                                                                    2010
             Q1          1.2             6.3             22.3              12.2        2.2          1.8       1.8             Q1              -1.2          -2.0          -4.8      0.1         -4.7    -1.0    0.7     -2.2
             Q2           -              3.9             15.4              17.3        2.2          2.2        -              Q2               3.1           5.3          -2.7      5.9         -2.5      -     6.7       -
2                                                                                                                       1
    Productivity index measured for manufacturing sector only.                                                              Calculated using real values.
3                                                                                                                       2
    Productivity as output per man hour worked in industry.                                                                 Calculated using a weighted average.
4
    Productivity as total labour productivity of the whole economy.
5
    Productivity as output per hour worked, business sector                        Source Ecowin and OECD



                                                                      22                                                                                                                   23
                                                                                                       1                                                                                                                 1
                                       TABLE 19 - WORLD OUTPUT - GROWTH OF REAL GDP                                                                                     TABLE 19 - WORLD OUTPUT - GROWTH OF REAL GDP

                                                                                                  2                                                                                                         4
                   EU27          EA            G7            UK          US          J           G          Fr      It   Can                       Austria       Bel           Fin       Gr        Ire   Lux     Neth      Spa         Por     Swe
        1989          -           -            3.8           2.3         3.6         -            -         4.3    3.5    2.6           1984         0.3          2.1          3.0       0.5      -0.4     6.2     3.1      3.3         4.1     2.4
        1990          -           -            2.8           0.8         1.9         -            -         2.6    2.0    0.2           1985         1.3          1.8          3.2       0.5      -0.4     2.8     3.1      3.3         4.1     2.4
        1991          -           -            1.1          -1.4        -0.2         -            -         1.0    1.5   -2.1           1986         2.3          1.9          2.8       0.5      -0.4   10.0      3.1      3.3         4.1     2.4
        1992         1.2          -            2.1           0.1         3.4         -           1.9        1.2    0.6    0.9           1987         1.7          2.4          3.6      -0.1       4.7     4.0     1.9      5.5         5.6     3.0
        1993        -0.5          -            1.3           2.2         2.9         -          -0.8       -0.9   -0.9    2.3           1988         3.2          4.6          5.2       4.3       5.2     8.5     3.0      5.1         2.5     1.7
        1994         2.7          -            3.1           4.3         4.1         -           2.7        2.2    2.3    4.8           1989         3.7          3.6          5.4       3.8       5.8     9.8     4.8      4.8         5.4     2.7
        1995         8.0          -            2.4           3.1         2.5        1.8          2.0        2.3    2.9    2.8           1990         4.2          3.1         -0.7       0.0       8.5     5.3     4.1      3.8         4.8     1.6
        1996         1.8          -            2.7           2.9         3.7        2.7          1.0        1.1    1.0    1.6           1991         3.3          1.8         -6.0       3.1       1.9     8.6     2.4      2.5         2.4    -1.1
        1997         2.7          -            3.2           3.3         4.5        1.5          1.8        2.2    1.9    4.2           1992         1.9          1.3         -3.6       0.7       3.3     1.8     1.5      0.9         1.9    -1.6
        1998         2.9          -            2.6           3.6         4.4       -2.2          1.8        3.5    1.3    4.1           1993         0.4         -0.7         -0.9      -1.6       2.6     4.2     0.7     -1.0        -1.4    -2.4
        1999         3.0         2.9           3.3           3.5         4.8        0.0          1.9        3.2    1.4    5.5           1994         2.2          3.3          3.7       2.0       5.8     3.8     2.9      2.4         2.5     3.9
        2000         4.0         3.9           3.9           3.9         4.1        2.8          3.5        4.1    3.9    5.2           1995         2.5         22.8          4.0       2.1       9.5     1.4     3.0      2.8         5.5     4.2
        2001         2.0         1.9           1.2           2.5         1.1        0.2          1.4        1.8    1.7    1.8           1996         2.2          1.1          3.5       2.4       7.7     1.5     3.0      2.4         3.7     1.6
        2002         1.2         0.9           1.3           2.1         1.8        0.3          0.0        1.1    0.5    2.9           1997         2.1          3.9          6.0       3.6       1.7     5.9     3.8      3.9         4.4     2.9
        2003         1.3         0.8           1.8           2.8         2.5        1.5         -0.2        1.1    0.1    1.9           1998         3.6          1.9          5.1       3.4       8.5     6.5     4.3      4.5         5.0     4.1
        2004         2.3         2.2           2.8           3.0         3.6        2.7          0.9        2.3    1.4    3.1           1999         3.3          3.5          4.0       3.4      10.7     8.4     4.0      4.7         4.1     4.4
        2005         1.9         1.7           2.4           2.2         3.1        1.9          0.5        2.0    0.8    3.0           2000         3.7          3.8          5.3       4.5       9.2     8.4     3.5      5.0         3.9     4.6
        2006         3.1         3.0           2.6           2.8         2.7        2.0          3.6        2.4    2.1    2.8           2001         0.5          0.7          2.2       4.2       5.8     2.5     1.3      3.6         2.0     1.4
        2007         2.9         2.7           2.2           2.7         1.9        2.3          2.8        2.3    2.2    2.2           2002         1.6          1.4          1.7       3.4       5.8     4.1     0.1      2.7         0.7     2.5
        2008         2.8         0.5           0.2          -0.1         0.0       -1.2          0.7        0.1   -1.3    0.5           2003         0.8          0.8          2.1       5.9       4.4     1.5     0.3      3.1        -0.9     2.5
        2009         3.1        -4.1          -1.5          -4.9        -2.6       -5.2         -4.7       -2.5   -5.1   -2.5           2004         2.5          3.1          4.1       4.6       4.6     4.4     2.2      3.3         1.6     3.7
                                                                 Quarter on Quarter                                                     2005         2.5          2.0          3.0       2.2       6.0     5.4     2.0      3.6         0.8     3.1
           Q4        0.5        0.4           0.5            0.3         0.7        0.4         0.2        0.2    -0.4   0.5            2006         3.5          2.7          4.4       4.5       5.3     5.6     3.4      4.0         1.4     4.6
2008                                                                                                                                    2007         3.5          2.8          4.9       4.5       5.7     6.5     3.9      3.6         2.4     3.4
           Q1        0.6         0.7           0.2           0.5          -0.2            0.2    1.4        0.5    0.4   -0.2           2008         2.0          0.8          1.2       2.0      -3.5     0.0     1.9      0.9         0.8    -0.6
           Q2        0.0        -0.4          -0.2          -0.3           0.1           -0.5   -0.7       -0.7   -0.7    0.0           2009        -3.5         -2.7         -8.1      -2.0      -7.6    -3.4    -3.9     -3.7        -2.6    -5.1
           Q3       -0.2        -0.5          -0.9          -0.9          -1.0           -1.4   -0.4       -0.2   -1.1    0.1                      Brazil 3    Russia 3      India 3   China 3   Arg 3   Mex 3   Nig 3   Australia 3   NZ 3   World 3
           Q4        0.8        -1.9          -1.9          -2.1          -1.7           -2.6   -2.2       -1.6   -2.0   -0.8           1985         7.9           -           4.9      13.5      -7.0     2.2     8.3      5.7         1.2     3.6
2009                                                                                                                                    1986         7.5           -           4.9       8.9       7.1    -3.1    -8.8      2.1         1.8     3.5
           Q1       -2.6        -2.5          -2.2          -2.3          -1.2           -4.4   -3.4       -1.5   -2.9   -1.8           1987         3.6           -           4.2      11.6       2.5     1.7   -10.8      4.4         1.7     3.6
           Q2       -0.2        -0.1           0.2          -0.7          -0.2            2.5    0.5        0.1   -0.3   -0.7           1988         0.3           -           8.3      11.3      -2.0     1.2     7.5      4.0         0.3     4.5
           Q3        0.3         0.4           0.3          -0.3           0.4           -0.3    0.7        0.3    0.4    0.2           1989         3.2           -           6.8       4.1      -7.0     4.2     6.5      4.1         0.8     3.7
           Q4        0.2         0.1           0.9           0.4           1.2            1.0    0.3        0.6   -0.1    1.2           1990        -4.2           -           5.6       3.8      -1.3     5.1    12.8      1.2         0.1     3.0
2010                                                                                                                                    1991         1.0           -           2.1       9.2      10.5     4.2    -0.6     -1.0        -1.7     1.5
           Q1        0.2        0.2           0.8            0.3       0.9         1.1          0.5        0.2    0.4    1.4            1992        -0.5           -           4.4      14.2      10.3     3.6     0.4      2.6         0.8     2.0
           Q2        1.0        1.0            -             1.2       0.4         0.1          2.2        0.6    0.4    0.5            1993         4.9         -8.7          4.9      14.0       6.3     2.0     2.1      3.8         5.1     2.1
                                                              Quarter on Year Earlier                                                   1994         5.9        -12.7          6.2      13.1       5.8     4.4     0.9      4.8         5.8     3.4
           Q4        2.5        2.2           2.0            2.4       2.3         1.8          1.8        2.2    0.0    2.5            1995         4.2         -4.1          7.4      10.9      -2.8    -6.2    -0.3      3.4         4.4     3.3
2008                                                                                                                                    1996         2.2         -3.6          7.6      10.0       5.5     5.2     5.0      4.3         4.0     3.7
           Q1        2.3         2.2           1.7           1.9           1.9            0.9    2.7        1.8    0.3    1.7           1997         3.4          1.4          4.6       9.3       8.1     6.8     2.8      4.0         2.1     4.0
           Q2        1.6         1.4           0.9           1.0           1.2           -0.1    1.7        0.7   -0.5    0.9           1998         0.0         -5.3          6.0       7.8       3.9     4.9     2.7      5.1         0.0     2.6
           Q3        0.5         0.3          -0.5          -0.4          -0.3           -1.3    0.5       -0.2   -1.8    0.4           1999         0.3          6.4          6.9       7.6      -3.4     3.9     0.5      4.2         4.3     3.6
           Q4       -1.9        -2.0          -2.8          -2.7          -2.8           -4.3   -2.0       -2.0   -3.3   -0.9           2000         4.3         10.0          5.7       8.4      -0.8     6.6     5.3      3.3         3.8     4.8
2009                                                                                                                                    2001         1.3          5.1          3.9       8.3      -4.4    -0.2     8.2      2.6         2.5     2.3
           Q1       -5.1        -5.2          -5.1          -5.5          -3.8           -8.7   -6.6       -3.9   -6.5   -2.5           2002         2.7          4.7          4.6       9.1     -10.9     0.8    21.2      3.9         4.9     2.9
           Q2       -5.1        -4.9          -4.7          -5.9          -4.1           -5.9   -5.5       -3.1   -6.1   -3.2           2003         1.1          7.3          6.9      10.0       8.8     1.7    10.3      3.2         4.2     3.6
           Q3       -4.3        -4.1          -3.6          -5.3          -2.7           -4.9   -4.4       -2.7   -4.7   -3.1           2004         5.7          7.2          7.9      10.1       9.0     4.0    10.6      3.6         4.4     4.9
           Q4       -2.3        -2.1          -0.8          -2.9           0.2           -1.3   -2.0       -0.5   -2.8   -1.1           2005         3.2          6.4          9.2      10.4       9.2     3.2     5.4      3.2         3.2     4.5
2010                                                                                                                                    2006         4.0          7.7          9.8      11.6       8.5     4.9     6.2      2.6         1.0     5.1
           Q1        0.5        0.6           2.2           -0.2           2.4           4.4    2.0        1.2    0.5    2.2            2007         6.1          8.1          9.4      13.0       8.7     3.3     7.0      4.7         2.8     5.2
           Q2        1.7        1.7            -             1.7           3.0           1.9    3.7        1.7    1.1    3.4            2008         5.1          5.6          7.3       9.6       6.8     1.5     6.0      2.4        -0.1     3.0
1
Percentage change on a year earlier, at constant prices. Source OECD and National Accounts.                                             2009        -0.2         -7.9          5.7       8.7       0.9    -6.5     5.6      1.3        -1.6    -0.6
2                                                                                                                               3
    Pan Germany after 1991.                                                                                                         Source: IMF, World Economic Outloook Database.
                                                                                                                                4
                                                                                                                                    Source: OECD




                                                                            24                                                                                                                    25
                                                                                                      1                                                                                                  1
                                      TABLE 20 - WORLD GROWTH OF INDUSTRIAL PRODUCTION                                                             TABLE 20 - WORLD GROWTH OF INDUSTRIAL PRODUCTION

                 EU27            EA           G7          UK            US             J       G      Fr       It    Can                   Sp    Neth      Bel    Den       Gre     Por       Ire     Swe        Aus     Fin
    1998           3.2           3.7          2.0         0.1           5.8          -6.6     3.8     3.7     1.2     3.5        1998      5.5    2.0       3.3     2.9      9.0     5.6     19.7      4.1       8.2     7.1
    1999           1.7           1.8          2.5         2.6           4.3           0.3     1.1     1.8    -0.2     5.9        1999      2.5    3.0       0.9     0.2      2.0     3.1     14.7      2.1       6.0     5.0
    2000           4.6           5.2          4.4         1.6           4.0           5.5     5.0     3.3     4.3     8.6        2000      4.5    5.4       5.4     7.2      7.2     0.5     14.4      5.7       9.1     9.1
    2001           0.0           0.3         -3.0        -1.3          -3.3          -6.3     0.4     0.9    -1.2    -4.0        2001     -1.5    0.5      -1.0     1.1     -1.9     3.1     10.9     -0.4       3.0     0.7
    2002          -0.7          -0.4         -0.4        -1.8           0.2          -1.2    -1.2    -1.9    -1.4     1.7        2002      0.1    1.0       1.4     1.2      0.8    -1.1      8.2      0.2       0.7     2.3
    2003           0.2           0.3          1.0        -0.6           1.3           3.3     0.3    -1.2    -0.7     1.0        2003      1.5   -1.0       0.8    -1.3      0.3    -1.0      5.7      1.6       2.0     0.6
    2004           2.0           2.1          2.5         1.3           2.3           4.8     3.0     1.9    -0.2     4.0        2004      1.5    4.1       3.1    -0.8      1.0    -4.2      1.3      4.5       6.2     5.7
    2005           0.7           1.3          2.1        -1.7           3.2           1.4     3.8     0.1    -0.7     2.6        2005      0.7    0.4      -0.3     3.4     -0.8    -3.5      4.0      2.2       4.3     0.1
    2006           3.2           3.8          2.8         0.2           2.2           4.3     6.2     0.8     3.6      -         2006      3.9    1.5       5.2     3.2      0.6     3.1      2.9      3.6       7.5     9.6
    2007            -            3.1          2.8         0.3           2.7           2.8     6.9     1.2     1.7      -         2007      2.0    2.3       2.6    -1.0      2.0    -0.1      5.1      4.0       5.7     4.6
    2008            -             -          -2.9        -3.0          -3.3          -3.2     0.2    -2.1    -3.5      -         2008     -7.2    1.4      -0.5    -0.5     -0.2    -4.1     -1.5     -3.0       1.8     0.8
2009                                                                                                                             2009    -15.9   -7.3     -13.6   -16.0     -9.8    -8.3     -4.2    -17.8      -11.8   -20.9
     Mar            -             -          -18.6      -12.4         -12.5         -32.0    -21.5   -16.6   -25.1   -10.8   2009
     Apr            -             -          -18.4      -12.0         -12.4         -28.5    -24.1   -18.9   -25.4   -12.5        Apr    -19.7   -17.7    -18.2   -17.3    -14.0     -9.0      3.6   -21.3      -15.3   -24.2
     May            -             -          -16.9      -11.7         -12.8         -26.3    -19.0   -13.9   -21.5   -14.3        May    -19.5    -9.3    -16.3   -18.2     -8.7     -7.9     -8.8   -22.9      -18.0   -25.6
     Jun            -             -          -16.3      -10.6         -12.7         -23.7    -19.2   -13.6   -22.6   -14.3        Jun    -16.0    -8.9    -15.5   -16.7    -13.0    -10.2     -0.3   -20.5      -14.1   -20.2
      Jul           -             -          -15.1       -9.3         -11.5         -22.8    -18.6   -13.3   -18.6   -15.0         Jul   -17.7    -6.9    -13.7   -12.6    -10.6    -10.1      4.1   -19.7      -11.9   -24.7
     Aug            -             -          -13.4      -11.3          -9.4         -19.2    -19.1   -10.5   -17.9   -12.8        Aug    -13.4    -4.9    -14.3   -17.5    -10.9     -4.9    -14.3   -19.5      -14.2   -19.5
     Sep            -             -          -10.3      -11.2          -4.9         -17.9    -13.8   -10.5   -15.7   -11.7        Sep    -13.0    -8.0    -13.0   -18.6    -10.1     -6.1     -1.3   -16.0      -13.6   -22.7
     Oct            -             -           -9.0       -8.5          -5.7         -13.9    -13.5    -8.2   -12.8   -10.2        Oct     -9.1    -5.1    -11.6   -18.2     -8.2     -5.5     -0.4   -14.0       -9.0   -21.5
     Nov            -             -           -5.3       -5.7          -4.2          -5.3     -8.7    -3.3    -9.3    -7.5        Nov     -6.4    -1.2     -5.1   -13.6     -6.0     -5.9    -12.8   -11.7       -3.4   -17.8
     Dec            -             -           -1.1       -4.1          -1.7           5.8     -5.3    -2.0    -5.5    -4.4        Dec     -1.5     3.1     -6.4   -18.7     -6.7     -1.5     -6.2    -5.2       -4.5    -6.0
2010                                                                                                                         2010
     Jan            -             -          4.9         -2.0          1.5          19.6     4.0     2.8     -0.5    0.1          Jan    -2.3    5.8      -1.6    -11.5     -3.2     3.7      5.8         0.6   -3.2    7.2
     Feb            -             -          7.8         -0.2          2.3          30.0     6.9     3.9      2.9    1.3          Feb    -1.7    5.9       1.7     -6.5     -9.3     3.2      9.0        -1.0    5.0    1.3
     Mar            -             -          9.8          2.3          4.4          28.9     10.2    7.5      7.2    4.5          Mar     5.0    9.0       6.8     -1.9     -3.4     4.5      7.2         4.9    2.7    1.0
     Apr            -             -          10.4         0.9          5.5          24.9     15.2    8.1      7.7    5.5          Apr     1.7    12.3      8.1     -3.1     -5.2     0.5     -1.5         7.0    8.2    7.3
     May            -             -          10.6         2.4          7.9          19.5     13.6    8.2      7.1    8.7          May     3.1    10.4      9.0      1.1     -4.9     3.4      8.3        13.2   11.0    10.8
     Jun            -             -           -           1.3          8.1          16.5      -       -        -      -           Jun     2.9     -         -        -        -      3.3       -           -      -      -

                                        TABLE 21 - UNIT LABOUR COSTS IN MANUFACTURING, IN                                                            TABLE 21 - UNIT LABOUR COSTS IN MANUFACTURING, IN
                                               NATIONAL CURRENCIES (Y-on-Y Growth)                                                                          NATIONAL CURRENCIES (Y-on-Y Growth)

                 EU27            EA          G7           UK           US              J       G      Fr       It    Can                  Sp     Neth     Bel      Den     Gre      Por       Ire        Swe    Aus      Fin
     1991          0.1           1.4         4.8          7.7          0.8            4.6      -      3.4     7.9     5.0        1987    6.5      1.5      0.2      8.9    15.1     9.3       0.5         4.6    2.4     5.6
     1992         -1.2          -1.3         3.1          3.4          0.8            2.4     6.4     2.6     4.1     1.4        1988    6.7     -0.2     -0.2      5.3    17.3     8.6      -0.9         6.4    1.2     5.4
     1993         -3.1          -4.8         1.5          0.4          0.8            2.0     3.2     2.5     2.9    -0.5        1989    8.2     -1.3      3.3      3.5    21.8     10.8      0.9         9.8    2.5     5.8
     1994          4.9           4.7         0.4         -0.8          0.8            1.1    -0.2    -0.1     0.0    -2.1        1990    11.3     2.0      4.7      2.7    21.7     16.5     -0.3        11.4    3.7     9.2
     1995          3.0           3.1         1.6          1.4          0.8           -0.1     1.7     1.3     1.2     0.6        1991    9.7      3.7      5.7      2.0    11.0     15.8      4.1         6.4    5.1     5.7
     1996          0.1          -0.6         1.0          1.8          0.8           -1.2     0.0     1.7     5.2     0.7        1992    7.9      4.1      3.2      0.9    11.2     13.5      3.5        -0.1    5.1    -1.9
     1997          3.3           3.5         1.4          3.0          0.8            0.7    -1.4     0.4     2.9     1.4        1993    5.5      1.6      4.6      0.9    14.1     7.2       4.9         0.2    4.1    -3.8
     1998          3.1           3.6         1.9          4.6          0.9            0.7     0.3     0.2    -2.0     0.8        1994    0.9     -0.5      0.8     -2.0    10.8     2.4       0.5         0.9    2.6    -1.6
     1999          2.1           2.4         1.0          2.8          0.9           -1.9     0.7     1.4     2.1     0.2        1995    3.3      0.3      0.2      1.8    13.0     1.7      -1.3         0.1    0.9     2.5
     2000          4.7           5.3         2.1          3.3          0.9           -2.3     0.4     1.3     0.4     3.1        1996    3.8      0.4      0.7      2.5    6.3      3.5      -0.4         4.7   -0.9     0.6
     2001          0.4           0.6         1.8          3.5          0.9           -0.9     0.5     2.7     3.7     2.7        1997    3.7      1.5      0.0      1.6    9.6      4.6      -0.1         0.4   -0.5    -0.3
     2002         -0.1          -0.2         0.5          2.0          0.9           -2.7     0.6     3.0     4.1     1.1        1998    2.2      3.4      1.4      3.6    6.8      3.9       4.6         0.2   -0.2     2.5
     2003          0.8           0.3         1.1          2.2          1.0           -2.8     0.5     1.8     3.9     2.7        1999    2.7      2.4      1.6      2.3    5.3      3.3       1.4        -0.8   -0.2     0.6
     2004          2.1           1.7         0.7          1.7          1.0           -3.5    -0.3     1.2     2.2     2.6        2000    3.4      3.3      1.0      0.7    2.3      4.5       4.6         5.3    0.3     0.9
     2005          1.3           1.5         1.4          2.6          1.0           -1.1    -1.5     1.7     3.9     2.7        2001    3.4      5.3      4.8      4.7    1.4      3.3       4.9         5.3    1.1     4.3
     2006          4.0           4.0         2.0          1.6          1.0            0.0    -1.7     1.8     2.5     4.0        2002    3.3      4.9      2.4      3.1    11.8     4.3       1.0         0.7    0.1     1.2
     2007          3.4           3.5         1.8          2.8          1.1           -2.9     0.1     1.9     2.5     3.0        2003    3.4      2.6      1.0      2.3    2.3      3.5       2.6         0.5    1.3     0.8
     2008         -1.6          -1.9         2.3          2.8          1.1            1.9     2.7     2.9     5.1     4.4        2004    2.6     -0.1     -0.3      0.7    3.0      1.7       2.9        -0.6   -0.6    -0.1
     2009           -             -          1.0          4.6          1.1            1.3     5.1     2.6     5.9     2.8        2005    3.7     -0.6      1.3      2.4    2.7      3.9       4.9         0.3    0.8     2.1
Source OECD.                                                                                                                     2006    3.7      0.7      1.9      2.3    1.4      1.8       3.3        -0.7    1.3     0.1
1
Percentage changes on a year earlier.                Eurostats data is used in EU27 and EA                                       2007    4.1      2.2      2.3      5.2    4.0      1.3       3.3         3.9    1.6     1.1
                                                                                                                                 2008    4.4      3.2      4.1      6.6    3.8      4.2        -          3.6    3.4     5.1
                                                                                                                                 2009    0.6      5.3      4.3      4.8    6.0      3.7        -          5.0    5.0     7.2
                                                                 26                                                                                                         27
                                       TABLE 22 - WORLD STANDARDISED UNEMPLOYMENT RATES                                                 TABLE 22b - WORLD STANDARDISED UNEMPLOYMENT RATES

                    EU27             EA      G7        UK3    US      J       G1      Fr     It2   Can                     Sp         Neth          Bel         Den   Gre    Por    Ire    Swe   Aus   Fin
    1992              -               -      6.9       9.9    7.5    2.2     6.4     9.9    8.8    11.2       1992        14.9         5.3          7.1         8.6   8.9    4.3    15.4   5.6    -    11.7
    1993              -               -      7.1       10.4   6.9    2.5     7.7     11.1   9.8    11.4       1993        18.6         6.2          8.6         9.5   8.3    5.6    15.6   9.0   4.0   16.4
    1994              -               -      6.9       9.5    6.1    2.9     8.3     11.7   10.6   10.4       1994        19.8         6.8          9.8         7.7   7.7    6.9    14.3   9.4   3.8   16.8
    1995              -               -      6.6       8.6    5.6    3.2     8.0     11.1   11.2   9.5        1995        18.8         6.6          9.7         6.8   9.5    7.3    12.3   8.8   3.9   15.2
    1996              -             10.6     6.6       8.1    5.4    3.4     8.6     11.6   11.2   9.6        1996        18.2         6.0          9.5         6.3   12.1   7.3    11.7   9.6   4.3   14.6
    1997              -             10.5     6.4       6.9    4.9    3.4     9.2     11.5   11.2   9.1        1997        17.0         4.9          9.2         5.2   14.3   6.8    9.9    9.9   4.4   12.7
    1998              -             10.0     6.2       6.2    4.5    4.1     8.8     11.1   11.3   8.3        1998        15.4         3.8          9.3         4.9   10.2   5.1    7.5    8.2   4.5   11.3
    1999              -             9.2      6.0       6.0    4.2    4.7     7.9     10.5   11.0   7.6        1999        12.9         3.2          8.5         5.1   10.2   4.5    5.7    6.7   4.0   10.2
    2000             8.7            8.3      5.6       5.4    4.0    4.7     7.2     9.1    10.1   6.8        2000        11.5         2.8          6.9         4.3   10.1   4.0    4.3    5.6   3.6   9.7
    2001             8.5            7.8      5.8       5.1    4.7    5.0     7.4     8.4    9.1    7.2        2001        10.8         2.2          6.6         4.5   10.1   4.0    4.0    4.9   3.6   9.1
    2002             8.9            8.2      6.5       5.2    5.8    5.4     8.2     8.9    8.6    7.6        2002        11.5         2.8          7.5         4.6   10.0   5.0    4.5    4.9   4.2   9.1
    2003             9.0            8.7      6.6       5.0    6.0    5.3     9.1     9.5    8.4    7.6        2003        11.5         3.7          8.2         5.4   9.9    6.2    4.7    5.6   4.3   9.0
    2004             9.0            8.8      6.3       4.8    5.5    4.7     9.5     9.6    8.0    7.2        2004        10.9         4.6          8.4         5.5   9.9    6.7    4.5    6.4   4.9   8.9
    2005             8.9            8.8      6.0       4.8    5.1    4.4     10.6    9.3    7.7    6.8        2005        9.2          4.7          8.4         4.9   9.9    7.6    4.3    7.7   5.2   8.3
    2006             8.2            8.4      5.8       5.4    4.6    4.1     9.8     9.3    6.8    6.3        2006        8.5          3.9          8.3         3.9   8.9    7.8    4.5    7.1   4.7   7.7
    2007             7.1            7.5      5.4       5.3    4.6    3.9     8.4     8.4    6.2    6.0        2007        8.3          3.2          7.5         3.8   8.3    8.1    4.6    6.1   4.4   6.9
    2008             7.1            7.5      5.4       5.7    5.8    4.0     7.3     7.8    6.7    6.2        2008        11.4         2.8          7.0         3.3   7.7    7.7    6.4    6.2   3.8   6.4
    2009             7.0            7.4      5.4       7.7    6.0    4.0     7.3     7.9    6.8    6.3        2009        18.0         3.4          7.9         6.0   9.5    9.6    11.9   8.3   4.8   8.2
2008                                                                                                      2007
      Jan             6.8            7.3     5.5       5.2    5.0    3.9     7.8      7.7   6.7    5.9         Nov         8.6         2.9          7.2         3.4   8.0    7.9    4.8    5.9   4.1   6.6
     Feb              6.7            7.2     5.4       5.2    4.8    4.0     7.6      7.6   6.5    5.9         Dec         8.8         2.8          7.2         3.2   8.0    7.8    4.8    6.0   4.0   6.5
     Mar              6.7            7.2     5.5       5.3    5.1    3.8     7.4      7.6   6.3    6.0    2008
      Apr             6.8            7.3     5.5       5.2    5.0    3.9     7.4      7.6   6.8    6.1         Jan         9           2.8           7          3.2   7.8    7.6    4.8     6    4.1   6.4
     May              6.8            7.4     5.7       5.3    5.4    4.0     7.4      7.7   6.7    6.1         Feb        9.2          2.8          6.9         3.2   7.8    7.5    4.9    5.8   4.0   6.3
    June              6.9            7.5     5.7       5.5    5.5    4.0     7.3      7.7   6.9    6.0         Mar        9.4          2.9          6.8         3.1   7.8    7.4    5.1    5.8   3.8   6.2
     July             7.0            7.5     5.8       5.7    5.8    4.0     7.2      7.8   6.6    6.1         Apr        9.9          2.9          6.8         3.1   7.5    7.5    5.2    5.6   3.7   6.2
     Aug              7.1            7.6     6.0       5.9    6.1    4.1     7.1      7.8   6.9    6.1         May        10.5         2.9          6.8         3.2   7.5    7.7    5.5    5.9   3.6   6.2
     Sep              7.1            7.7     6.0       6.0    6.2    4.0     7.1      7.9   6.7    6.2         Jun        11.0         2.7          6.9         3.2   7.5    7.8    6.0    6.5   3.5   6.3
      Oct             7.3            7.8     6.2       6.2    6.6    3.8     7.1      8.1   6.9    6.2          Jul       11.4         2.7          7.2         3.2   7.5    7.9    6.5    6.2   3.7   6.4
     Nov              7.5            8.0     6.4       6.4    6.9    4.0     7.1      8.2   7.0    6.5         Aug        11.8         2.7          7.3         3.3   7.5    8.0    6.9    5.9   3.7   6.4
     Dec              7.6            8.2     6.8       6.6    7.4    4.4     7.1      8.4   6.9    6.8         Sep        12.4         2.7          7.2         3.4   7.5    7.9    7.3    6.4   3.8   6.5
2009                                                                                                           Oct        13.2         2.7          7.1         3.5   7.9    7.8    7.6    6.3   3.9   6.6
      Jan             7.9            8.5     7.0       6.8    7.7    4.2     7.2      8.7   7.1    7.3         Nov        14.0         2.7          7.1         3.7   7.9    7.8    8.0    6.9   4.0   6.7
     Feb              8.2            8.8     7.3       7.1    8.2    4.4     7.2      9.0   7.2    8.0         Dec        14.8         2.7          7.3         4.0   7.9    8.0    8.4    6.8   4.2   6.9
     Mar              8.5            9.1     7.6       7.3    8.6    4.8     7.4      9.2   7.8    8.1    2009
      Apr             8.7            9.2     7.8       7.6    8.9    5.0     7.6      9.3   7.4    8.1         Jan        15.8         2.8          7.5         4.3   8.8    8.4    9.4    6.9   4.2   7.1
     May              8.8            9.3     8.1       7.8    9.4    5.1     7.6      9.4   7.5    8.5         Feb        16.6         2.8          7.6         4.7   8.8    8.8    10.2   7.7   4.4   7.4
    June              9.0            9.5     8.2       7.9    9.5    5.3     7.7      9.5   7.8    8.6         Mar        17.3         3.1          7.7         5.3   8.8    9.0    10.9   7.9   4.6   7.7
     July             9.1            9.6     8.2       7.9    9.4    5.6     7.6      9.5   7.9    8.6         Apr        17.6         3.2          7.7         5.8   9.2    9.2    11.5   7.9   4.7   8.0
     Aug              9.2            9.7     8.3       7.9    9.7    5.4     7.6      9.6   7.9    8.7         May        17.9         3.3          7.7         6.1   9.2    9.4    12.0   9.0   4.9   8.2
     Sep              9.3            9.8     8.4       7.9    9.8    5.3     7.5      9.7   8.1    8.3         Jun        18.1         3.4          7.8         6.3   9.2    9.7    12.1   8.3   5.1   8.4
      Oct             9.4            9.8     8.5       7.8    10.1   5.2     7.5      9.8   8.3    8.4          Jul       18.4         3.6          8.0         6.1   9.8    10.1   12.3   8.4   5.1   8.5
     Nov              9.4            9.8     8.5       7.8    10.0   5.3     7.5      9.8   8.3    8.4         Aug        18.7         3.7          8.1         6.1   9.8    10.2   12.5   8.7   5.2   8.6
     Dec              9.4            9.8     8.4       7.8    10.0   5.2     7.4      9.8   8.4    8.4         Sep        19.0         3.7          8.1         6.5   9.8    10.2   12.9   8.7   5.1   8.6
2010                                                                                                           Oct        19.0         3.8          8.0         6.9   10.2   10.2   12.9   8.7   4.9   8.7
      Jan             9.5           9.9      8.3       7.9    9.7    4.9     7.4     9.9    8.3    8.3         Nov        19.0         3.8          8.1         7.1   10.2   10.1   13.0   8.7   4.8   8.8
     Feb              9.6           9.9      8.2       8.0    9.7    4.9     7.3     9.9    8.4    8.2         Dec        19.0         4.0          8.2         7.1   10.2   10.2   12.9   8.9   4.7   8.8
     Mar              9.6           10.0     8.3       7.9    9.7    5.0     7.3     9.9    8.6    8.2    2010
      Apr             9.6           10.0     8.3       7.8    9.9    5.1     7.1     9.9    8.6    8.1         Jan        19.0         4.1          8.3         7.1    11    10.4   12.9   8.9   4.6   8.9
     May              9.6           10.0     8.3        -     9.7    5.2     7.0     9.9    8.6    8.1         Feb        19.2         4.2          8.4         7.1   11.0   10.4   12.8   8.8   4.5   8.9
     Jun              9.6           10.0     8.2        -     9.5    5.3     7.0     10.0   8.5    7.9         Mar        19.4         4.2          8.5         7.1   11.0   10.6   12.8   8.6   4.2   9.0
      Jul             9.6           10.0      -         -      -      -       -       -      -      -          Apr        19.6         4.3          8.5         7.0     -    10.8   12.9   9.1   4.1   8.8
Source OECD & EUROSTAT. Figures seasonally adjusted.                                                           May        19.8         4.3          8.6         6.7     -    10.9   13.2   8.8   4.0   8.6
1
Pan German figures from 1991 onwards.                                                                          Jun        20.0         4.4          8.6         6.6     -    10.8   13.3   0.0   3.9   8.5
2
    Quarterly data used instead of monthly                                                                Source OECD & EUROSTAT. Figures seasonally adjusted
3
    Source: ONS


                                                               28                                                                                                     29
                           TABLE 23a - WORLD CURRENT ACCOUNT BALANCES                                                                       TABLE 23b - WORLD CURRENT ACCOUNT BALANCES


                          US                       Japan1                   Euro zone                 UK                                 Canada                    Germany            France
                  [$bn]        [%GDP]         [$bn]    [%GDP]           [$bn]     [%GDP]      [$bn]        [%GDP]                         [$bn]          [%GDP]     [$bn]    [%GDP]    [$bn]   [%GDP]
    1989          -99.5          -1.8          0.1        2.2             -         -0.9      -41.8          -4.9            1988         -14.9            -3.0       -          -      -4.9     -0.5
    1990          -79.0          -1.4          0.0        1.5             -          0.1      -37.9          -3.8            1989         -21.8            -3.9       -          -      -4.8     -0.5
    1991           2.9            0.0          0.1        2.1           -72.2       -1.2      -18.9          -1.8            1990         -19.8            -3.4       -          -     -10.0     -0.8
    1992          -50.1          -0.8          0.1        2.8           -65.4       -1.0      -23.0          -2.1            1991         -22.4            -3.7     -23.9      -1.3     -6.3     -0.5
    1993          -84.8          -1.3          0.1        3.0            12.5        0.2      -18.7          -1.9            1992         -21.1            -3.6     -22.0      -1.1      4.0      0.3
    1994         -121.6          -1.7          0.1        2.7            9.2         0.2      -10.4          -1.0            1993         -21.7            -3.9     -19.4      -1.0      9.4      0.7
    1995         -113.6          -1.5          0.1        2.2            44.6        0.6      -14.3          -1.2            1994         -13.0            -2.3     -30.5      -1.4      8.2      0.6
    1996         -124.8          -1.6          0.1        1.4            69.4        0.9       -9.8          -0.8            1995          -4.4            -0.8     -29.5      -1.2     11.0      0.7
    1997         -140.7          -1.7          0.1        2.3            90.4        1.4       -1.6          -0.1            1996           3.4             0.5     -13.8      -0.6     20.8      1.3
    1998         -215.1          -2.4          0.1        3.1            55.9        0.8       -5.3          -0.4            1997          -8.2            -1.3     -10.2      -0.5     37.2      2.6
    1999         -301.6          -3.2          0.1        2.6            23.2        0.3      -35.4          -2.4            1998          -7.7            -1.2     -17.0      -0.8     38.9      2.6
    2000         -417.4          -4.2          0.1        2.5           -35.0       -0.6      -38.9          -2.6            1999           1.7             0.3     -28.2      -1.3     45.6      3.1
    2001         -384.7          -3.7          0.1        2.2            6.2         0.1      -30.4          -2.1            2000          19.7             2.7     -34.0      -1.8     22.4      1.7
    2002         -459.1          -4.3          0.1        2.9            46.5        0.7      -27.9          -1.7            2001          16.3             2.3      0.2        0.0     26.3      2.0
    2003         -521.5          -4.7          0.1        3.2            46.0        0.5      -30.0          -1.6            2002          12.6             1.7      41.0       2.0     19.3      1.3
    2004         -631.1          -5.3          0.2        3.7           117.1        1.2      -45.6          -2.1            2003          10.6             1.2      47.6       1.9     15.5      0.9
    2005         -748.7          -5.9          0.2        3.6            47.3        0.5      -59.2          -2.6            2004          22.9             2.3     126.5       4.6     11.6      0.6
    2006         -803.5          -6.0          0.2        3.9            52.5        0.5      -81.1          -3.3            2005          21.6             1.9     141.3       5.1     -8.9     -0.4
    2007         -726.6          -5.2          0.2        4.9            62.3        0.5      -75.3          -2.7            2006          17.9             1.4     188.4       6.4    -10.8     -0.5
    2008         -706.1          -4.9          0.2        3.3           -99.6       -0.8      -39.8          -1.5            2007          14.3             1.0     256.4       7.7    -26.1     -1.0
    2009         -419.9          -2.9          0.1        2.8           -68.0       -0.6      -28.7          -1.3            2008           9.2             0.5     247.1       6.7    -64.9     -2.3
2004                                                                                                                         2009         -36.7            -2.7     169.5       5.0    -57.1     -2.2
      Q2         -155.9          -5.3         0.2           3.9          23.4           1.1   -12.0         -2.2    2004
      Q3         -158.7          -5.3         0.2           3.8          11.5           0.5   -15.5         -2.8               Q3           5.8              2.2    11.8      3.4       0.2      0.3
      Q4         -179.4          -5.9         0.2           3.5          18.1           0.8    -8.5         -1.5               Q4           5.8              2.1    19.7      5.3      -0.1     -0.1
2005                                                                                                                2005
      Q1         -174.5          -5.6         0.2           3.4           5.4           0.2   -13.4         -2.3               Q1          2.3               0.9    20.2      5.5       0.0      0.0
      Q2         -178.9          -5.7         0.2           3.6          14.4           0.6    -6.9         -1.2               Q2          2.8               1.0    17.8      5.0      -0.5     -0.6
      Q3         -185.1          -5.8         0.2           3.7           1.7           0.1   -20.8         -3.7               Q3          6.4               2.1    15.3      4.4      -0.4     -0.5
      Q4         -209.1          -6.5         0.2           3.9          -1.1           0.0   -17.9         -3.2               Q4          10.2              3.3    19.3      5.6      -0.6     -0.8
2006                                                                                                                2006
      Q1         -198.0          -6.0         0.2           4.0          -2.3          -0.1   -17.3         -3.0               Q1           6.3              2.1    20.2      5.8      -0.5     -0.6
      Q2         -201.7          -6.0         0.2           3.7          -8.4          -0.4   -17.2         -2.8               Q2           3.8              1.2    21.3      5.6      -0.4     -0.4
      Q3         -214.5          -6.4         0.2           3.9          -4.6          -0.2   -23.4         -3.7               Q3           3.9              1.2    20.2      5.3      -0.7     -0.8
      Q4         -188.4          -5.5         0.2           4.2           5.6           0.2   -25.9         -3.9               Q4           4.1              1.3    35.9      9.0      -0.3     -0.4
2007                                                                                                                2007
      Q1         -197.8          -5.7         0.2           4.5           18.9          0.7   -23.0         -3.4               Q1           2.9              0.9    31.7      7.8      -0.5     -0.6
      Q2         -191.7          -5.5         0.2           5.1           12.4          0.5   -17.2         -2.5               Q2           5.2              1.5    28.4      6.8      -0.8     -0.8
      Q3         -170.9          -4.8         0.2           5.2           5.9           0.2   -24.1         -3.4               Q3           1.5              0.4    29.3      6.8      -1.0     -1.0
      Q4         -157.6          -4.4         0.2           4.7          -16.6         -0.6    -8.8         -1.2               Q4           2.3              0.6    41.5      9.1      -1.7     -1.6
2008                                                                                                                2008
      Q1         -172.0          -4.8         0.2           4.1          -43.0         -1.4    -4.2         -0.6               Q1           6.1              1.6    37.9      7.8      -1.7     -1.5
      Q2         -176.8          -4.9         0.2           4.0          -48.0         -1.6   -12.8         -1.8               Q2           5.5              1.4    35.0      7.0      -2.4     -2.1
      Q3         -172.4          -4.8         0.2           3.2          -65.7         -2.3   -13.9         -2.1               Q3           2.6              0.7    26.5      5.7      -2.7     -2.4
      Q4         -147.6          -4.2         0.1           1.7          -64.3         -2.6   -11.9         -2.2               Q4          -6.2             -1.9    26.5      6.5      -1.6     -1.7
2009                                                                                                                2009
      Q1          -95.6          -2.7         0.1           1.5          -38.4         -1.6    -5.1         -1.0               Q1          -5.7             -2.0    14.9      3.8      -2.1     -2.3
      Q2          -84.4          -2.4         0.2           3.3          -17.3         -0.7   -15.0         -2.8               Q2         -10.8             -3.3    16.8      4.0      -2.0     -2.0
      Q3          -97.5          -2.8         0.2           2.9          -12.1         -0.5    -4.8         -0.8               Q3         -12.7             -3.5    18.7      4.2      -1.3     -1.3
      Q4         -100.9          -2.8         0.2           3.4          -11.3         -0.4     0.9          0.1               Q4          -9.6             -2.6    35.5      7.8      -2.4     -2.3
Sources: Ecowin and OECD                                                                                            Current prices seasonally adjusted
Current prices seasonally adjusted.                                                                                 Annual data taken from OECD Economic Outlook
Annual data taken from OECD Economic Outlook - UK series does not include Dec 07 revisions                          Quarterly Data taken From national accounts
Quarterly data taken from national accounts                                                                         Sources: Ecowin and OECD
1
  Calculated using quarterly data
                                                             30                                                                                                       31
                   TABLE 24 - WORLD NOMINAL SHORT-TERM INTEREST RATES1                                                      TABLE 26 - WORLD LONG TERM INTEREST RATES1

                            3
                       G7                UK                 US                  J    Eur   Can
          2004         1.7               4.6                1.6                0.1   2.1   2.4                    G72           UK         US     J      G      Fr        It    Can
          2005         2.6               4.8                3.6                0.1   2.2   2.9       1988         8.1           9.8        8.8   4.7    6.5     9.1      10.9   9.8
          2006         3.7               4.8                5.2                0.3   3.1   4.2       1989         8.2           10.2       8.5   5.2    6.9     8.8      12.8   9.8
          2007         4.2               6.0                5.3                0.7   4.3   4.6       1990         9.0           11.7       8.6   7.0    8.6     9.9      13.5   10.7
          2008         3.3               5.5                3.2                0.8   4.6   3.5       1991         8.3           10.1       7.9   6.3    8.4     9.0      13.2   9.5
          2009         0.9               0.6                1.0                0.6   1.2   0.9       1992         7.5           9.1        7.0   5.2    7.8     8.6      13.3   8.1
2009                                                                                                 1993         6.2           7.4        5.8   4.3    6.4     6.8      11.2   7.3
            Apr         1.2              1.5                1.4                0.6   1.4   0.9       1994         6.9           8.0        7.1   4.3    6.8     7.2      10.6   8.4
           May          1.0              1.4                1.1                0.6   1.3   0.7       1995         6.7           8.2        6.6   3.4    6.8     7.5      12.2   8.2
          June          0.9              1.2                1.0                0.6   1.2   0.6       1996         6.1           7.8        6.4   3.1    6.2     6.3      9.4    7.2
           July         0.8              1.0                0.8                0.6   1.0   0.7       1997         5.6           7.0        6.3   2.3    5.7     5.6      6.8    6.1
           Aug          0.8              0.8                0.9                0.5   0.9   0.7       1998         4.4           5.5        5.3   1.5    4.6     4.7      4.9    5.3
           Sep          0.6              0.6                0.6                0.5   0.8   0.6       1999         4.6           5.0        5.6   1.7    4.5     4.6      4.8    5.5
            Oct         0.5              0.6                0.5                0.5   0.7   0.6       2000         5.0           5.3        6.0   1.8    5.3     5.4      5.6    5.9
           Nov          0.5              0.6                0.4                0.5   0.7   0.7       2001         4.3           4.9        5.0   1.3    4.8     4.9      5.2    5.5
           Dec          0.5              0.6                0.4                0.5   0.7   0.6       2002         4.1           4.9        4.6   1.3    4.8     4.9      5.0    5.3
2010                                                                                                 2003         3.6           4.5        4.0   1.0    4.1     4.1      4.2    4.8
            Jan         0.5              0.6                0.4                0.5   0.7   0.6       2004         3.8           4.9        4.3   1.5    4.1     4.1      4.2    4.6
           Feb          0.5              0.6                0.4                0.4   0.7   0.6       2005         3.5           4.4        4.3   1.4    3.4     3.4      3.6    4.1
           Mar          0.5              0.6                0.5                0.4   0.6   0.5       2006         4.0           4.5        4.8   1.7    3.8     3.8      4.0    4.2
            Apr         0.5              0.7                0.4                0.4   0.6   0.6       2007         4.0           5.0        4.6   1.7    4.2     4.3      4.5    4.3
           May          0.6              0.7                0.6                0.4   0.7   0.8       2008         3.5           4.5        3.6   1.5    4.0     4.2      4.7    3.6
          June          0.7              0.7                0.8                0.4   0.7   1.1       2009         3.0           3.6        3.2   1.4    3.3     3.6      4.3    3.2
           July         0.8              0.7                0.9                0.4   0.8   1.1   2008
Source Ecowin                                                                                         Jun          3.7           5.1       4.1   1.8    4.5     4.7      5.1    3.8
1
    Three month market rates.                                                                          Jul         3.6           5.0       4.0   1.6    4.5     4.7      5.1    3.8
3
    Weighted G7 Average.                                                                              Aug          3.5           4.6       3.9   1.5    4.2     4.4      4.8    3.6
                                TABLE 25 - WORLD REAL INTEREST RATES1                                 Sep          3.4           4.5       3.7   1.5    4.1     4.4      4.8    3.5
                                                                                                       Oct         3.4           4.5       3.8   1.5    3.9     4.2      4.8    3.7
                        G7               UK                 US                  J    G     Can        Nov          3.2           4.1       3.5   1.5    3.6     4.0      4.6    3.6
          2004         -0.4              1.7               -1.1                0.1   0.3   0.5        Dec          2.5           3.3       2.4   1.3    3.1     3.5      4.4    2.9
          2005          0.3              1.9                0.2                0.4   0.3   0.6   2009
          2006          1.3              1.6                2.0                0.1   1.3   2.2         Jan         2.5           3.4       2.5   1.2    3.1     3.6      4.5    2.8
          2007          2.0              1.7                2.5                0.7   2.0   2.5        Feb          2.7           3.6       2.9   1.3    3.2     3.7      4.5    3.0
          2008          0.2              1.5               -0.6               -0.5   1.9   1.1        Mar          2.7           3.2       2.8   1.3    3.1     3.7      4.5    2.9
          2009          1.0              0.6                1.3                1.9   1.0   0.6         Apr         2.7           3.4       2.9   1.4    3.2     3.7      4.4    3.0
2009                                                                                                  May          3.0           3.6       3.3   1.4    3.4     3.8      4.4    3.2
            Apr         1.2             -0.8                1.4                0.6   1.4   0.9       June          3.2           3.8       3.7   1.5    3.5     3.9      4.6    3.5
           May          1.0             -0.8                1.1                0.6   1.3   0.7        July         3.1           3.8       3.5   1.4    3.4     3.7      4.4    3.4
          June          0.9             -0.6                1.0                0.6   1.2   0.6        Aug          3.0           3.7       3.6   1.4    3.3     3.6      4.1    3.5
           July         0.8             -0.8                0.8                0.6   1.0   0.7        Sep          2.9           3.7       3.4   1.3    3.3     3.6      4.1    3.4
           Aug          0.8             -0.8                0.9                0.5   0.9   0.7         Oct         2.9           3.5       3.4   1.3    3.2     3.6      4.0    3.4
           Sep          0.6             -0.5                0.6                0.5   0.8   0.6        Nov          2.9           3.7       3.4   1.4    3.3     3.6      4.0    3.4
            Oct         0.5             -0.9                0.5                0.5   0.7   0.6        Dec          3.0           3.8       3.6   1.3    3.2     3.5      4.0    3.4
           Nov          0.5             -1.3                0.4                0.5   0.7   0.7   2010
           Dec          0.5             -2.3                0.4                0.5   0.7   0.6         Jan         3.1           4.0       3.7   1.3    3.3     3.5      4.1    3.5
2010                                                                                                  Feb          3.1           4.0       3.7   1.3    3.2     3.5      4.1    3.4
            Jan         0.5              0.6                0.4                0.5   0.7   0.6        Mar          3.1           4.0       3.7   1.3    3.1     3.4      3.9    3.5
           Feb          0.5              0.6                0.4                0.4   0.7   0.6         Apr         3.1           4.0       3.8   1.4    3.1     3.4      3.9    3.7
           Mar          0.5              0.6                0.5                0.4   0.6   0.5        May          2.9           3.7       3.4   1.3    2.8     3.1      4.0    3.4
            Apr         0.5              0.7                0.4                0.4   0.6   0.6       June          2.7           3.5       3.2   1.2    2.6     3.1      4.1    3.3
           May          0.6              0.7                0.6                0.4   0.7   0.8        July         2.6           3.4       3.0   1.1    2.6     3.0      4.0    3.2
          June          0.7              0.7                0.8                0.4   0.7   1.1   Source Ecowin, OECD
                                                                                                 1
           July         0.8              0.7                0.9                0.4   0.8   1.1   Based on 10 Year benchmark Government bonds.
1                                                                                                2
Calculated using nominal rates (Table 24), deflated by inflation rates (Table 16).               Calculated using a weighted average



                                                              32                                                                                 33
                                                                          1                                                                                             1
                           TABLE 27a - WORLD STOCK MARKET INDICES                                                       TABLE 27b - WORLD STOCK MARKET INDICES


                     DOW JONES IND                  NASDAQ COMP           FTSE All Share                              EUROFIRST 300                  NIKKEI 225              DAX 30
                     Index     %                   Index      %         Index          %                             Index       %                Index         %      Index          %
          1993      3,522.1    7.2                 714.8     19.2       1,458         19.2              1992        422.9        0.7            18,108.6      -25.5   1635.9         3.5
          1994      3,793.8    7.7                 751.6     5.1        1,574         7.9               1993        481.3       13.8            19,100.0        5.5   1808.6         10.6
          1995      4,493.8   18.5                 924.7     23.0       1,648         4.7               1994        534.1       11.0            19,935.9        4.4   2120.3         17.2
          1996      5,742.9   27.8                1,165.4    26.0       1,894         15.0              1995        542.1        1.5            17,329.7      -13.1   2137.9         0.8
          1997      7,441.1   29.6                1,468.0    26.0       2,238         18.1              1996        643.1       18.6            21,088.4       21.7   2566.4         20.0
          1998      8,625.5   15.9                1,793.0    22.1       2,624         17.3              1997        890.3       38.4            18,397.5      -12.8   3719.1         44.9
          1999      10,464.9  21.3                2,721.2    51.8       2,918         11.2              1998        1144.4      28.5            15,356.0      -16.5   5015.1         34.8
          2000      10,734.9   2.6                3,777.9    38.8       3,048         4.5               1999        1307.9      14.3            16,823.4        9.6   5341.9         6.5
          2001      10,189.2  -5.1                2,030.1   -46.3       2,680        -12.1              2000        1600.6      22.4            17,145.0        1.9   7126.8         33.4
          2002      9,226.4   -9.4                1,543.9   -24.0       2,221        -17.1              2001        1338.0     -16.4            12,093.6      -29.5   5614.6        -21.2
          2003      8,993.6   -2.5                1,643.3    6.4        1,980        -10.9              2002        1060.5     -20.7            10,123.1      -16.3   4178.8        -25.6
          2004      10,317.4  14.7                1,987.3    20.9       2,250         13.7              2003        857.9      -19.1             9,311.4       -8.0   3191.5        -23.6
          2005      10,547.7   2.2                2,099.0    5.6        2,589         15.0              2004        996.8       16.2            11,179.3       20.1   3981.1         24.7
          2006      11,408.7   8.2                2,265.2    7.9        3,022         16.7              2005        1149.4      15.3            12,422.6       11.1   4677.8         17.5
          2007      13,170.0  15.4                2,577.1    13.8       3,306         9.4               2006        1364.6      18.7            16,110.4       29.7   5887.4         25.9
          2008      11,252.6 -14.6                2,162.5   -16.1       2,724        -17.6              2007        1541.8      13.0            16,996.3        5.5   7463.2         26.8
          2009      8,876.1  -21.1                1,841.0   -14.9       2,328        -14.5              2008        1163.8     -24.5            12,141.8      -28.6   6216.7        -16.7
2008                                                                                                    2009        888.0      -23.7             9,346.1      -23.0   5018.1        -19.3
           Mar      12,193.9               -1.8   2,254.8        -3.1   2,909         -3.8   2008
           Apr      12,656.6                3.8   2,368.1         5.0   3,057          5.1               Apr       1,311.7               3.9    13,357.7        6.0   6762.7          4.0
           May      12,812.5                1.2   2,483.2         4.9   3,150          3.0               May       1,345.9               2.6    13,995.3        4.8   7056.1          4.3
           Jun      12,056.7               -5.9   2,427.5        -2.2   2,941         -6.6               Jun       1,256.6              -6.6    14,071.8        0.5   6716.8         -4.8
            Jul     11,322.4               -6.1   2,278.1        -6.2   2,726         -7.3                Jul      1,161.2              -7.6    13,168.9       -6.4   6341.5         -5.6
           Aug      11,530.7                1.8   2,389.3         4.9   2,783          2.1               Aug       1,181.0               1.7    12,989.4       -1.4   6421.5          1.3
           Sep      11,114.1               -3.6   2,205.7        -7.7   2,666         -4.2               Sep       1,126.9              -4.6    12,123.5       -6.7   6135.6         -4.5
           Oct      9,176.7               -17.4   1,730.3       -21.6   2,163        -18.9               Oct        926.5              -17.8     9,117.0      -24.8   4947.0        -19.4
           Nov      8,614.6                -6.1   1,542.7       -10.8   2,111         -2.4               Nov        864.5               -6.7     8,531.5       -6.4   4692.0         -5.2
           Dec      8,595.6                -0.2   1,525.9        -1.1   2,129          0.9               Dec        826.0               -4.5     8,463.6       -0.8   4657.9         -0.7
2009                                                                                         2009
            Jan     8,396.2               -2.3    1,537.2        0.7    2,144         0.7                 Jan       817.4              -1.0      8,331.5      -1.6    4534.2        -2.7
           Feb      7,690.5               -8.4    1,486.0       -3.3    2,046        -4.6                Feb        773.77             -5.34     7694.78      -7.64   4265.01       -5.9
           Mar      7,235.5               -5.9    1,432.2       -3.6    1,902        -7.0                Mar        706.9              -8.6      7,764.6       0.9    3969.2        -6.9
            Apr     7,992.1               10.5    1,641.1       14.6    2,066         8.6                 Apr       789.6              11.7      8,768.0      12.9    4519.1        13.9
           May      8,398.4                5.1    1,726.1        5.2    2,243         8.6                May        854.6               8.2      9,304.4       6.1    4886.4         8.1
          June      8,593.0                2.3    1,827.0        5.8    2,220        -1.0               June        862.5               0.9      9,810.3       5.4    4930.8         0.9
           July     8,679.7                1.0    1,873.8        2.6    2,232         0.5                July       869.0               0.7      9,691.1      -1.2    4949.6         0.4
           Aug      9,375.1                8.0    1,997.2        6.6    2,439         9.3                Aug        950.5               9.4     10,430.4       7.6    5395.2         9.0
           Sep      9,635.0                2.8    2,084.7        4.4    2,586         6.0                Sep        987.7               3.9     10,302.9      -1.2    5584.0         3.5
            Oct     9,857.3                2.3    2,122.8        1.8    2,651         2.5                 Oct       999.5               1.2     10,066.2      -2.3    5680.0         1.7
           Nov      10,227.6               3.8    2,143.5        1.0    2,681         1.1                Nov       1,006.1              0.7      9,641.0      -4.2    5642.2        -0.7
           Dec      10,433.4               2.0    2,220.6        3.6    2,708         1.0                Dec       1,023.6              1.7     10,169.0       5.5    5836.6         3.4
2010                                                                                         2010
           Jan      10,471.2               0.4    2,267.8        2.1    2,768         2.2                Jan       1,045.5              2.1     10,661.6       4.8    5863.2         0.5
          Feb       10,214.5              -2.5    2,194.4       -3.2    2,679        -3.2               Feb        1,003.3             -4.0     10,175.1      -4.6    5586.0        -4.7
          Mar       10,677.5               4.5    2,362.2        7.6    2,876         7.3               Mar        1,060.0              5.6     10,671.5       4.9    5965.0         6.8
           Apr      11,052.1               3.5    2,475.7        4.8    2,939         2.2                Apr       1,091.1              2.9     11,139.8       4.4    6215.3         4.2
          May       10,500.2              -5.0    2,319.2       -6.3    2,695        -8.3               May        1,007.5             -7.7     10,104.0      -9.3    5966.4        -4.0
         June       10,159.3              -3.2    2,235.2       -3.6    2,653        -1.5              June        1,018.8              1.1      9,786.1      -3.1    6080.8         1.9
          July      10,222.2               0.6    2,210.3       -1.1    2,665         0.4               July       1,021.0              0.2      9,456.8      -3.4    6061.3        -0.3
       31 Aug       10,006.4              -2.1    2,109.8       -4.5    2,697         1.2            31 Aug        1,026.3              0.5      8,927.0      -5.6    5925.2        -2.2
Source Ecowin.                                                                               Source Ecowin.
1                                                                                            1
    Monthly & annual data are averages.                                                          Monthly & annual data are averages.
Latest figure change shows change since end of previous month                                Latest figure change shows change since end of previous month




                                                      34                                                                                            35
              FORTHCOMING RELEASES
                                                                        FORTHCOMING RELEASES




October                                            September

Wed   6    REC Report on Jobs                      Wed   1          REC Report on Jobs
Thu   7    Index of Production (Aug)
           MPC Announcement                        Tue   7          BRC Retail Sales Monitor (Aug)
           NIESR Monthly GDP Estimate (Q3 2010)    Wed   8          Index of Production (Jul)
                                                                    NIESR Monthly GDP Estimate (3m to Aug)
Tue   12   Consumer Price Index (Sep)              Thu   9          UK Trade (Jul)
           UK Trade (Aug)                                           MPC Announcement
           BRC Retail Sales Monitor
           CLG House Price Index (Aug)             Tue   14         Consumer Price Index (Aug)
Wed   13   Labour Market Statistics (3m to Aug)                     CLG House Price Index (Jul)
                                                   Wed   15         Labour Market Statistics (3m to Jul)
Wed   20   Public Sector Finances (Sep)            Thu   16         Retail Sales (Aug)
           MPC Minutes
           Provional Estimate of M4 Growth (Sep)   Mon   20         M4 Growth (Aug, provisional)
Thu   21   Retail Sales                                             Trends in Lending (Sep)
           Trends in Lending (Oct)                 Tue   21         Public Sector Finances (Aug)
                                                   Wed   22         MPC Minutes
Tue   26   GDP Q3 (Preliminary Estimate)
           Index of Services (Aug)                 Tue   28         GDP Q2 (National Accounts)
Fri   29   GfK/NOP Consumer Confidence                              Balance of Payments (Q2)
           Lending to Individuals (Sep)                             Business Investment Q2 (Revised)
           Sectoral Breakdown of M4 (Sep)          Wed   29         Index of Services (Jul)
                                                                    Lending to Individuals (Aug)
                                                                    M4 Growth (Aug, final)
                                                                    Productivity (Q2)
                                                   Thu   30         GfK Consumer Confidence (Sep)




                                                                             Please turn over for October

                                                                  Editor and distributor: Alix Oakley (020 7270 4603)
                                                                       E-mail: Alix.Oakley@hmtreasury.gsi.gov.uk
                                                                       UK data (tables 1-14) compiled by Alix Oakley
                                                                 International Tables 15-27b compiled by Michael Pearce
                                                             Contact: Michael.Pearce@hmtreasury.gsi.gov.uk (020 7270 5546)

				
DOCUMENT INFO
Shared By:
Categories:
Stats:
views:19
posted:11/21/2010
language:English
pages:19
Description: World Stock Market Indices document sample