GDP in Q3 rose 0.6% in volume terms (revised up from 0.5%) on an annualised basis and +0.4% quarter on quarter; Construction, however, was off 0.8%. CPI (Consumer Price Inflation) continues to gather momentum and was +1.2% in November which compares with +0.9% in October and +0.1% a year ago; it is also the highest since October 2014 (+1.3%).
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UK Housebuilding Sector: 2016 and beyond
- Published:
11 Jan 2017 -
Author:
Tony Williams -
Pages:
28
GDP in Q3 rose 0.6% in volume terms (revised up from 0.5%) on an annualised basis and +0.4% quarter on quarter; Construction, however, was off 0.8%. CPI (Consumer Price Inflation) continues to gather momentum and was +1.2% in November which compares with +0.9% in October and +0.1% a year ago; it is also the highest since October 2014 (+1.3%).