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RANsquawk European Morning Briefing - Stocks, Bonds, FX etc. – 25/01/12

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Wed, 01/25/2012 - 08:17 | 2095785 EconSammie
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Those of you who follow the UK might enjoy this view. Yes the traditional British sport of discusssing and blaming the weather!

Also I spotted these two members on the list of declining items.

 

Manufacturing contributed the most to the decline, followed by electricity, gas, steam and air conditioning supply

 

Are you thinking what I am thinking? How much of this year’s recorded fall in GDP was caused by a drop in energy production due to a milder winter? So have we had a drop in GDP last year caused by a harsh winter and this year by a milder one? According to the press conference of the ONS UK gas and electricity output fell by 4.1%.

 

The UK weather may well be getting out its Alan Parsons Project LPs and CDs

 

I just cant seem to get it right

 

Damned if I do and Damned if I don’t

 

http://www.mindfulmoney.co.uk/wp/shaun-richards/uk-gdp-is-performing-poo...

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