OUTPUT / DEMAND

GDP (Q3 Pre. Est.)

Up 0.6% on the previous quarter and up 2.2% on a year earlier

Service sector output (Q3 Pre. Est.)

Up 0.8% on the previous quarter and up 3.5% on a year earlier

Industrial production (3m to Sep)

Down 0.6% on the previous 3 mths, and down 2.9% on yr earlier

Manufacturing output (3m to Sep)

Down 0.8% on the previous 3 mths, and down 2.9% on yr earlier

Households’ consumption (Q2)

Up 1.3% on the previous quarter and up 4.2% on a year earlier

Retail sales volume (3m to Sep)

Up 1.5% on the previous 3 months and up 6.1% on a year earlier

LABOUR MARKET

LFS employment (3m to Aug)

Down 19,000 on the previous 3 months to 28.161 million, giving an employment rate of 74.6%, up 0.6 from a year earlier

ILO unemployment (3m to Aug)

Up 53,000 on the previous 3 months to 1.51 million, giving an unemployment rate of 5.1%, down from 5.3% a year earlier

Claimant unemployment (Sep)

Down 4,900 on the previous month to 0.94 million, giving a rate of 3.1%, down from 3.5% a year earlier

Headline average earnings (GB, 3m to Aug)

Annual earnings growth of 4.6%, down from 4.6% in the 3 months to Jul.

INVESTMENT

Whole economy investment (Q2)

Up 2.1% on the previous quarter and up 4.0% on a year earlier

Business investment (Q2)

Up 2.5% on the previous quarter and up 4.0% on a year earlier

Manufacturing investment (Q2)

Down 0.7% on previous quarter and up 3.7% on a year earlier

PRODUCTIVITY

Whole economy productivity (Q2)

Up 0.3% on the previous quarter and up 1.6% on a year earlier

Manufacturing productivity (3m to Aug)

Up 0.2% on the previous three months and up 1.9% on a year earlier

INFLATION

Headline inflation — RPI (Sep)

1.7%, down from 2.1% the previous month

Underlying inflation — RPIX (Sep)

2.3%, down from 2.6% the previous month

HICP inflation (Sep)

1.3%, down from 1.8% the previous month

Producer output prices (Sep nsa)

-0.2%, down from 0.2% the previous month

Producer input prices (Sep nsa)

-6.0%, down from —3.0% the previous month

Halifax house prices (Oct)

Down 0.5% on September and up 9.4% on a year earlier

BALANCE OF PAY’TS / TRADE

Current account (Q2)

Deficit of £3.9bn, up from £1.6bn in the previous quarter

Trade in goods (3m to Aug)

Deficit of £9.2bn, up from £8.8bn in the previous 3 months

Trade in services (3m to Aug)

Surplus of £3.4bn, down from £3.7bn in the previous 3 months

Goods export volumes (3m to Aug)

Down 1.9% on previous 3 months and up 0.2% on a year earlier

Goods import volumes (3m to Aug)

Down 1.5 on previous 3 months and up 15% on a year earlier

PUBLIC FINANCES

Public sector net borrowing (Sep)

£0.7bn, compared with £-0.2bn a year earlier

Public sector net cash req’t (Sep)

£3.87bn, compared with -£8.73bn a year earlier

FINANCIAL

Narrow money — M0 (Oct)

Annual growth of 6.9%, up from 6.3% a month earlier

Broad money — M4 (Sep)

Annual growth of 8.0%, down from 7.0% a month earlier

Base interest rate

Latest 4%, down from 4.5% on 8th Nov 2001

Sterling ERI (1990=100)

Closing on 08/11/01:107.1 Was 99.7 at the election; all-time low was 82.2 in Nov 95; peaked at 113.6 on 3 May 2000.