London's Economy Today - Issue 127 - March 2013

The overview

• Chancellor delivers Budget whilst Eurozone crisis continues
• Eurozone finance ministers approve Cypriot bailout
• United States jobs growth picks up

Economic indicators

• London firms increased their output of goods and services in February 2013
• the PMI for new orders recorded 52.8 in February 2013 compared to 53.9 in January 2013
• annual house price inflation in London was 4.9% in Q4 2012, down from 5.7% in Q3 2012

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