Economic commentary

Quarterly Bulletin 1990 Q1
Published on 01 March 1990
  • Developments in the foreign exchange markets at the turn of the year were dominated by the strength of the deutschemark.
  • Growth has slowed modestly in the United States and there are tentative indications of a slowdown in Japan and continental Europe, though growth there remains buoyant. Inflationary pressures remain, even though non-oil commodity prices are exerting a downward influence on input prices.
  • Developments in Central Europe will have Jar-reaching economic implications, though in most cases restructuring will take a considerable time.
  • Growth in the United Kingdom slowed further in the second half of last year and will be modest in 1990. Developments in the coming year depend to a large extent on how the company sector responds to its growing financial deficit.
  • Inflation remains uncomfortably high and the recent weakness of sterling will have added to inflationary pressures.
  • There were encouraging signs of an improvement in the trade balance in the fourth quarter.

PDFEconomic commentary

Other Quarterly Bulletin 1990 Q1 articles

Was this page useful?
Add your details...