Thursday, 26 May 2011

No 204: Key issues and stats for macroeconomics

THE table below summarises the important economic indicators and the most important current issues about them.



Now
B4
Current Issue(s)
Economic Growth
0.5%

(Q1
2011)
-0.5%

(Q4
2010)
2011 total growth forecast to be 1.4% - is this sign of a recovery?
Inflation
4.5%

(CPI
April)
4.0%

(CPI
March)
Should interest rates be raised to control inflation, or will this endanger recovery?
Unemployment
7.7%

(Q1
2011)
7.8%

(Q4
2010)
Will government job cuts be replaced by private sector jobs?
20% of 16-25 year olds are unemployed.
Current Account
-2.9%  

(of GDP Q4 2010)
-2.4%  
(of GDP Q3 2010)
Can exports (low exchange rate / manufacturing) help lead the recovery?

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