The Day in Numbers
Today’s seen a deluge of new economic data, not to mention all important minutes from the Monetary Policy Committee’s last meeting. Here’s a round-up of today’s key facts and figures:
7-2: the margin by which members of the MPC voted to hold interests rates at 0.5%. Ian McCafferty and Martin Weale dissented, making the case for a 0.25% rate rise.
£19.1 Billion: Gross mortgage lending in July, according to the Council of Mortgage Lenders. This represented a 7% rise from the £17.9 billion reported in June. Lending is now at its highest point since August 2008.
37%: The percentage of manufacturers that told the CBI’s Industrial Trends Survey that reported that the volume of output was up over the last three months. 25% reported it was down.
42%: The proportion of firms that expect output to increase in the upcoming quarter, according to the same Survey.
42.2: The latest score from the Markit Household Finance Index, indicating continued pessimism regarding current household finances. The figure measure household’s overall perceptions of financial wellbeing. The figure was up 0.2 points from July.