London's Economy Today - Issue 118 - June 2012

The overview

• Eurozone crisis damaging global growth
• CBI/KPMG London Business Survey finds some improvement in business confi dence
• Bank of England and HM Treasury aim to support banks to boost lending to the real economy

Economic indicators

• London firms increased their output of goods and services in May 2012
• the PMI for new orders recorded 54.1 in May 2012 compared to 54.4 in April 2012
• annual house price inflation in London was 2.3% in Q1 2012, down from 3.4% in Q4 2011

London’s Economy Today data on the Datastore

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