CONSUMER SPENDING CONTINUES TO STABILISE BUT CONSTRUCTION ACTIVITY REMAINS SEVERELY DEPRESSED............
Members may be interested in a summary of monthly reports compiled by the Bank of England's Agents following discussions with contacts in the period between late June 2009 and late July 2009. These reports provide information on the state of business conditions from companies across all sectors of the economy. A copy of the publication can be found at:-
http://www.bankofengland.co.uk/publications/agentssummary/index.htm.
The Bank's assessment of current monetary and economic conditions, and the outlook for inflation are contained in the inflation report. This can be found at:-
http://www.bankofengland.co.uk/publications/inflationreport/index.htm.