Finally the UK Q1 2011 figures are out.
The private sector is still saving 7% of GDP overall, and the improvement in government funds is entirely down to an improved balance of trade - an increase in exports by the look of it.
Household saving overall remains weak at 0.7% of GDP. And those private non-financials continue to hoard money as they have been doing since 2002.
Source: Office of National Statistics, tables RPZD, RPYN, RQAW, RPZT, RQCH, DJDS (Seasonally adjusted Net Lending/Borrowing per sector plus residual error) and YBHA (Gross domestic product at market prices, seasonally adjusted)
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3 comments:
I wish I had the skillset to do that for the Aust. balances.
And ironically I have minors in Information Systems & Online and Web Based Systems. No longer have the equivalent skills for them though, well at least the IS side.
It's just a chart from a google docs spreadsheet ;)
Well you're still a better man than I. I can't even work out how to do a chart like that in Excel.
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