On Monday, the Office for National Statistics issued a revised measure of both real household disposable income and the household saving ratio, which made them seem worse than previously thought.
October 2015
China, which is on everyone’s worry list, is doing exactly what it said it would do, and that is reduce the economy’s reliance on exports and infrastructure building. The country generally is becoming …..
Chart of the Week: Week 41, 2015: Historical Real Average Salary
According to data released this morning, earnings growth remained strong in the three months to August at 2.8% in nominal terms.
Chart of the Week: Week 40, 2015: UK Workless Households
The annual study from the ONS on workless households in the UK was released yesterday, and it showed a mixed picture with total workless households continuing to fall but the number of households where nobody has ever worked growing.
Chart of the Week: Week 36, 2015: UK Trade Balance
UK trade figures out this morning showed that despite a poor month of trading in July, the trade deficit almost halved between the quarter to April and the quarter to July (from £8.9bn to £4.7bn) after a strong summer for UK trade generally.
Chart of the Week: Week 35, 2015: Ownership of UK Shares
The latest figures for UK share ownership were released this morning, and they showed that foreign investors still own more than half of the value of all UK shares.