Recent Updates

  • *** Australia building activity and value of private construction have been re-referenced to Q3 2015-Q2 2016.***
  • Austria: CPI (Dec)
  • Kazakhstan: State & Republican Budgets (Dec)
  • Malaysia: Leisure Property Stock by State, Residential Property Stock by State (Q3)
  • China: Land Price (Q4); Singapore: International Trade (Dec); Malaysia: Leisure and Residential Property Stock (Q3); Mongolia: CPI Press (Dec); Thailand: Labor Force Survey (Dec)
  • more updates...

Economy in Brief

UK IP Restores Momentum
by Robert Brusca August 6, 2007

Year-over-year and six-month trends in UK IP are steady at a pacifistic 1%. But over the past three months UK IP has now accelerated strongly to a pace of just under 4% (at 3.6%).

UK IP is up strongly in Q2 (see end of the table). The overall gain in MFG is a rate of 2.8% Capital goods are leading the growth in Q2 with a quarterly rise at a pace of 4.9%; Consumer durables are the trailing category with a pace of just +0.3% in Q2. Vehicle sales have been firm, propelling vehicle output up at a 13.4% pace in Q2. Mining activity has been strong at 3.1% in the quarter but its growth patterns seems to show some cooling. Electricity, gas and water output have been weak, at a pace of 0.1% in the quarter, but apart from that the sector’s trends look solid.

UK IP and MFG
SAAR except M/M M/M Jun-07 May-07 Jun-07 May-07 Jun-07 May-07  
UK MFG Jun-07 May-07 Apr-07 3-Mo 3-Mo 6-mo 6-mo 12-mo 12-mo Q-2-Date
MFG 0.2% 0.4% 0.3% 3.6% 4.8% 0.8% 0.8% 1.0% 1.0% 2.8%
Consumer Durables 3.4% -0.9% -1.5% 3.9% -2.3% -3.2% -8.6% 0.5% -3.1% 0.3%
Consumer Nondurables -0.6% 0.6% 0.4% 1.6% 4.1% -2.6% 0.2% -0.2% -0.1% 1.4%
Intermediate 0.2% 0.7% 0.0% 3.9% 2.6% 3.9% 1.3% 0.3% -0.1% 2.1%
Capital 0.5% 0.5% 0.6% 6.4% 7.6% 3.0% 1.8% 3.0% 2.9% 4.9%
Memo: Detail 1-Mo% 1-Mo% 1-Mo% 3-Mo 3-Mo 6-mo 6-mo 12-mo 12-mo Q-2-Date
Food Drink & Tobacco -0.2% 0.3% 0.1% 0.8% 2.4% -2.3% 0.0% -0.4% 0.6% 0.4%
Textile & Leather 1.4% -0.9% 0.5% 3.8% 3.4% 0.0% -0.7% 0.2% -0.2% 3.5%
Motor Vehicles & Trailer 2.1% 0.5% 1.3% 17.1% 17.0% 13.5% 9.5% 4.3% 2.7% 13.4%
Mining and Quarry -1.0% 1.3% 0.9% 4.9% -1.0% 9.1% 2.1% -0.4% -2.7% 3.1%
Electricity, Gas & Water 1.0% 2.4% -1.2% 9.0% 0.8% 3.1% 1.0% 0.7% 0.1% 0.1%
close
large image