London's Economy Today - Issue 111 - November 2011

The overview

• UK economy grew in Q3 2011 but Eurozone problems cloud the horizon
• turmoil in the Eurozone
• growth expected to be slow in most developed countries

Economic indicators

• London firms increased their output of goods and services in October 2011
• the PMI for new orders recorded 52.9 in October 2011 compared to 56.8 in September 2011
• annual house price inflation in London was 2.3% in Q3 2011, up from -1.2% in Q2 2011

London’s Economy Today data on the Datastore

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