London's Economy Today - Issue 95 - July 2010

The overview

• UK growth picked up strength in Q2 2010
• signs of improvement in London’s economy
• US tightens financial regulation

Economic indicators

• London firms increased their output of goods and services in June 2010
• the PMI for new orders recorded 53.7 in June compared to 52.4 in May
• annual house price inflation in London was 13.2% in Q2 2010, down from 15.7% in Q1 2010.

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