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London's Economy Today - Issue 152 - April 2015

Key information

Publication type: General

Publication date:

Contents

The overview

  • UK GDP growth slows in the first quarter of 2015
  • UK inflation remains at historically low levels
  • IMF holds world growth forecasts

Economic indicators

  • London’s annual growth in output was 3.9% in Q3 2014 unchanged from an upwardly revised estimate in Q2 2014
  • Annual house price infl ation in the UK was 5.9% in Q1 2015, down from 8.3% in Q4 2014
  • The PMI for new orders recorded 62.1 in March 2015 compared to 61.2 in February 2015
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