London's Economy Today - Issue 131 - July 2013

The overview

• UK GDP expansion improves in Q2 2013
• forecasts for the UK economy upgraded
• Eurozone economic problems drag on

Economic indicators

• London firms increased their output of goods and services in June 2013
• the PMI for new orders recorded 58.7 in June 2013 compared to 56.9 in May 2013
• annual house price inflation in London was 5.2% in Q2 2013, up from 4.6% in Q1 2013.

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