United Kingdom: Recent Economic Developments

Publication Date:

January 2, 1996

Summary:

This paper reviews economic developments in the United Kingdom during 1991–95. Following a brisk expansion in 1994, when the economy achieved a rare combination of above-trend output growth and historically low inflation, the pace of economic activity in the United Kingdom has moderated in the course of 1995. Real GDP growth picked up to an annual rate of 4 percent in the first half of 1994, moderating to 3½ percent in the second half. Real GDP growth slowed further to just more than 2 percent in the first half of 1995.

Series:

Country Report No. 1995/130

Subject:

Notes:

This report on recent economic developments in the United Kingdom was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with this member country. As such, the views expressed in this document are those of the staff team and do not necessarily reflect the views of the Government of the United Kingdom, or the Executive Board of the IMF.

English

Publication Date:

January 2, 1996

ISBN/ISSN:

9781451814057/1934-7685

Stock No:

1GBREA0011995

Pages:

122

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