London's Economy Today - Issue 133 - September 2013

The overview

• evidence mounts of a more robust UK economic recovery
• business confidence rising in London
• house prices in England exceed their previous peak

Economic indicators

• London firms increased their output of goods and services in August 2013
• the PMI for new orders recorded 63.5 in August 2013 compared to 59.6 in July 2013
• annual house price infl ation in London was 6.9% in Q2 2013, up from 6.3% in Q1 2013

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