Why wouldn’t it be?
This is not government debt, this is simply Central Bank balance sheet per capita (for every person in that country), and the numbers are staggering …
Continue reading “How much are Central Bank balance sheets per capita (or per person in a country)?”
UK Q1 2020 gross domestic product (GDP) was estimated to have fallen by 2% in the quarter compared to Q4 2019, the largest fall since Q4 2008.
When compared with the same quarter (Q1 2019) a year ago, UK GDP decreased by 1.6% in Q1 2020 which was the biggest fall since Q4 2009.
UK gross domestic product (GDP) was flat (Quarter on Quarter compared to Q3 2019) in volume terms was flat in Q4 (October to December) 2019. Compared to Q4 2019 (same quarter a year ago), UK GDP increased by 1.1%.
Continue reading “UK Q4 2019 GDP growth at 0% (QoQ), 1.1% (YoY); 2019 growth at 1.4% (YoY)”
Median household disposable income in the UK was £29,400 at the end of the financial year 2019, up 1.4% or £400 compared to the end of the financial year 2018, after accounting for inflation.
The United Kingdom’s trade deficit more than doubled to a record £20.3 billion in the first quarter (Q1) of 2019, or 3.7% of GDP. This was the fifth consecutive quarter of deterioration.
The last time the UK’s trade deficit was over 3% of GDP was in Q2 2002.
Continue reading “UK’s trade deficit hit a record in Q1 2019 due to Brexit stockpiling”
At the end of March 2019, the employment rate for the United Kingdom was estimated at 76.1%, the joint- highest figure on record. The UK economic inactivity rate was estimated at 20.8%, again close to a record low.
UK gross domestic product (GDP) in volume terms was estimated to have increased by 0.5% in Q1 (January to March) 2019. In comparison with the same quarter a year ago (Q1 2018) UK GDP increased by 1.8%, the fastest growth since Q3 2017.
