Economic commentary

Quarterly Bulletin 1983 Q3
Published on 01 September 1983

Topics discussed in this commentary include:

  • rapid recovery in the United States;
  • rising commodity prices, but little effect as yet on UK import costs and domestic prices;
  • recovery of the UK economy-moderate growth in output but domestic demand, particularly consumers' expenditure, has been growing more rapidly;
  • the course of public sector finances;
  • the substantial growth of personal borrowing in the United Kingdom in recent years, much of it on mortgages, sustaining consumer spending in the absence of growth in real personal incomes;
  • some improvement in company profitability, and the behaviour of corporate borrowing.

PDFEconomic commentary

Other Quarterly Bulletin 1983 Q3 articles

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