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London's Economy Today - Issue 101 - January 2011

Key information

Publication type: General

Publication date:

The overview

  • UK economy contracts in Q4 2010 due to bad weather and is likely to remain relatively subdued during 2011
  • inflation picks up and is expected to rise further
  • sovereign debt interest rate spreads remain high in peripheral Eurozone countries

Economic indicators

  • London firms increased their output of goods and services in December 2010
  • the PMI for new orders recorded 50.5 in December 2010 compared to 54.9 in November 2010
  • annual house price inflation in London was 2.7% in Q4 2010, down from 9.2% in Q3 2010

London’s Economy Today data on the Datastore

  • London’s Economy Today on the Datastore has more interaction and a greater personal focus.
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