Hostname: page-component-84b7d79bbc-4hvwz Total loading time: 0 Render date: 2024-07-28T20:22:26.369Z Has data issue: false hasContentIssue false
  • English
  • Français

At a glance …

The UK economy

Published online by Cambridge University Press:  26 March 2020

Get access Rights & Permissions [Opens in a new window]

Abstract

  • • The economy will grow at 1.1 per cent in 1999, but manufacturing output will decline by 0.5 per cent and there is a one in three chance of outright recession.

  • • Cuts in interest rates to 5.75 per cent by the end of 1999 together with higher government spending should sustain continuing growth.

  • • We expect public borrowing to exceed public investment by £236bn over the five years 1997-2001.

  • • The inflation target will be met for the end of 1999.

Type
Articles
Information
National Institute Economic Review , Volume 166 , October 1998 , pp. 2
Copyright
Copyright © 1998 National Institute of Economic and Social Research

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)