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Monthly Archives: December 2010

I will be taking the next two weeks off and will resume blogging on Tuesday 4th January.

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Developing countries to boost trade

Agreement was reached yesterday on the Global System of Trade Preferences (GSTP) which has concluded six years of negotiations. There are 43 parties to the GSTP and twenty-two of them participated in the six-year Sao Paolo round of negotiations. This agreement is initially taken up by 8 participants which include Cuba, Egypt, India, Indonesia, Republic of Korea, Malaysia, Morocco and … Continue reading

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More positive signs from manufacturing

Manufacturing output grew by 0.6% in October, according to the Office for National Statistics, and compares well with the 0.2% seen in September. In fact, the October increase is the biggest monthly rise since March. This figure was approximately twice that which analysts had been prediction. This means that in the three months to October, manufacturing grew by 5.6%, compared … Continue reading

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Big recovery in UK manufacturing

Manufacturing was shown to have reached a sixteen-year high, according to the Markit/CIPS purchasing managers’ index (PMI), which has just been published. The seasonally adjusted UK manufacturing PMI rose to 58.0 in November, its highest level since September 1994, and compares with a figure of 55.4 in October. The PMI figure has now been above the 50.0 neutral mark for … Continue reading

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Family spending falls to a 10-year low

There was a fall in family spending in 2009 as the recession took its toll. The latest figures from the Office of National Statistics show that the average household spent an average of £455.00 per week, compared with £471.00 in 2008, which was the first fall since this new series of measurements began in 2001-02. It can be seen in … Continue reading

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