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-   -   [update] UK economy grows in Q1 2011 (https://www.cableforum.uk/board/showthread.php?t=33674216)

Hugh 29-04-2011 12:21

Re: [update] UK economy grows in Q1 2011
 
The quote two posts above yours that states
Quote:

The UK economy grew by 0.5% in the first three months of the year
perhaps?

Ignitionnet 29-04-2011 13:32

Re: [update] UK economy grows in Q1 2011
 
Quote:

Originally Posted by Flyboy (Post 35225125)
But, according to those figures, the economy has stood still. Where is that statement incorrect?

Easy - the comment that the economy has stood still while inflation has carried forward at over 4% is incorrect and misleading. The economy has grown at a similar rate to inflation, GDP figures are given in real terms not nominal.

Flyboy 03-05-2011 15:25

Re: [update] UK economy grows in Q1 2011
 
Quote:

Originally Posted by Hugh (Post 35225129)
The quote two posts above yours that states perhaps?

The first three months of this year, does not cover the period of September 2010 and March 2011.


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