BCC Monthly Economic Review – August

The latest monthly Economic Review of the British Chambers of Commerce is now available for download here.

The 4-page covers output, consumer spending, employment prospects and inflation.

This month’s headlines:

• UK GDP growth picks up in Q2, but the latest QES indicates weaker growth.
• Bank of England cuts UK interest rates to a new record low of 0.25% and expands QE.
• Eurozone GDP growth weakens in Q2, while consumer spending boosts US GDP growth.