Economic commentary

Quarterly Bulletin 1983 Q2
Published on 01 June 1983

Topics discussed in this commentary include:

  • The world economy, which shows signs of recovery.
  • Inflation abroad, which continues to ease, despite rising (non-oil) commodity prices.
  • The decline in UK cost and price inflation.
  • Recovery in the domestic economy, with housing currently a buoyant sector.
  • External trade, where striking changes have occurred in recent years.
  • The distribution of income between earnings and profits. Average real pre-tax earnings of those in work have risen in the recession, though real personal disposable income in total has fallen.
  • Private sector financial transactions, where large increases in borrowing have accompanied growing holdings o/financial assets in recent years.

PDFEconomic commentary

Other Quarterly Bulletin 1983 Q2 articles

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