London's Economy Today - Issue 47 - July 2006

The overview

• oil prices surge to record highs in July
• UK economic growth strengthens
• World Cup supports German recovery

Economic indicators

• London firms continued to expand their output of goods and services in June 2006
• the PMI for new orders reported 58.8 in June 2006, a slight decrease from 59.2 in May
• annual house price growth in London was 4.7% in Q2 2006 down from 5.1% in Q1

London Economic Development Snapshot

The aim of the Snapshot is to:

• identify and review London’s progress against the strategic priorities of the EDS
• provide a basis on which to review the priorities for London’s economic development
• act as a catalyst for directing economic development activities in London

London’s Economy Today data on the Datastore

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