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London's Economy Today - Issue 11 - July 2003

Key information

Publication type: General

Publication date:

The overview

  • going up, or going down?
  • output set to continue growing
  • consumption has slowed but is not about to slump

Economic indicators

  • latest official figures for UK GDP indicate quarterly output growth was just 0.1 per cent in the first quarter of 2003
  • most recent estimates for GVA indicate a slowdown in the London economy
  • annual house price inflation dropped to 15 per cent in the second quarter of 2003

The causes of recent poor retail sales performance in central London

  • patterns of falling retailing?
  • the effects of the general economic slowdown
  • a drop in overseas visitors

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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