HSBC UK Economy Explained: www.hsbcukeconomyexplained.co.uk
  • Contents
    • Overview
      • 1 Overview
      • 1.1 Introduction
      • 1.2 Political Background
      • 1.3 Conservative Government,1959-64
      • 1.4 Labour Government,1964-70
      • 1.5 Conservative Government, 1970-74
      • 1.6 Labour Government, 1974-79
      • 1.7 Conservative Government, 1979-97
      • 1.8 Labour Government, 1997-
    • Models and Forecasting
      • 2 Overview
      • 2.1 Models
      • 2.2 Econometrics
      • 2.3 Forecasting
      • 2.4 Oxford Economics Spreadsheet Notes
      • Oxford Economics UK Spreadsheet
    • Current Economic Situation
      • 3 Overview
      • 3.1 Introduction
      • 3.2 Policy Priorities
      • 3.3 Current Position of the UK Economy
      • 3.4 Conclusions
      • Specimen Questions
    • Macroeconomic Policy
      • 4 Overview
      • 4.1 Aims
      • 4.2 Monetary Policy
      • 4.3 Fiscal Policy
      • Specimen Questions
    • Microeconomic Policy
      • 5 Overview
      • 5.1 Macro vs Micro
      • 5.2 Industrial Policy 1945-97
      • 5.3 Regional Policy 1945-97
      • 5.4 Microeconomic Policy since 1997
      • 5.5 Regional Policy since 1997
      • 5.6 Competition Policy since 1945
      • Specimen Questions
    • Effects of Stability & Low Inflation
      • 6 Overview
      • 6.1 The 90s & 00s vs the 70s & 80s
      • 6.2 Living with Low Inflation
      • 6.3 The Next Decade
      • Specimen Questions
    • Growth
      • 7 Overview
      • 7.1 Overall Trends 1960-2009
      • 7.2 Measuring National Activity
      • 7.3 Output Trends
      • 7.4 Expenditure Data
      • 7.5 Income Measure
      • 7.6 Conclusions
      • Specimen Questions
    • Inflation
      • 8 Overview
      • 8.1 Costs of Inflation
      • 8.2 Inflation and Purchasing Power
      • 8.3 Measuring Inflation
      • 8.4 Trends
      • 8.5 Deflation
      • Specimen Questions
    • Money and Banking Regulation
      • 9 Overview
      • 9.1 Introduction
      • 9.2 Fisher Equation
      • 9.3 Velocity of Circulation
      • 9.4 Measures of Money
      • 9.5 Counterparts to Money
      • 9.6 Trends
      • 9.7 Money in EU
      • 9.8 Money in US
      • 9.9 Financial Regulation
      • 9.10 2008 Financial Turbulence
      • Specimen Questions
    • Government
      • 10 Overview
      • 10.1 Role of Government
      • 10.2 Economic Functions of Government
      • 10.3 Sources of Government Revenue
      • 10.4 Distribution of Government Spending
      • 10.5 Summary
      • Specimen Questions
    • The Labour Market
      • 11 Overview
      • 11.1 Significance of Labour Market
      • 11.2 Measures of Unemployment
      • 11.3 Recent Trends in Unemployment
      • 11.4 Employment
      • 11.5 Future Shape of Labour Force
      • 11.6 Regional Dimension
      • 11.7 Demand for Labour
      • 11.8 Earnings
      • 11.9 National Minimum Wage
      • 11.10 International Comparisons
      • 11.11 Living with Low Unemployment
      • 11.12 The Recession
      • Specimen Questions
    • Social Framework
      • 12 Overview
      • 12.1 Introduction
      • 12.2 Income Growth
      • 12.3 Income Distribution
      • 12.4 Demographics
      • Specimen Questions
    • Regional Perspective
      • 13 Overview
      • 13.1 Introduction
      • 13.2 Regional Dimension
      • 13.3 Sectoral Mix
      • 13.4 Recent Trends: Impact of Recession
      • 13.5 Intra-regional Differences
      • 13.6 UK Government Approach
      • 13.7 European Dimension
      • Specimen Questions
    • Housing Market
      • 14 Overview
      • 14.1 Significance of Housing
      • 14.2 Industry Dynamics
      • 14.3 Regional Housing Markets
      • 14.4 House Purchase
      • 14.5 Wealth Effect of Owner Occupation
      • 14.6 Housebuilding
      • 14.7 Buy-to-Let
      • 14.8 Housing Market and the Euro
      • 14.9 Outlook for Housing
      • Specimen Questions
    • Company Finance
      • 15 Overview
      • 15.1 Defining the Corporate Sector
      • 15.2 Business Stock
      • 15.3 Internal Finance
      • 15.4 Building the Business
      • 15.5 External Finance
      • 15.6 Mergers and Acquistions
      • 15.7 Business Failures
      • 15.8 Profits and Profitability in the 2000s
      • 15.9 Profit Warnings
      • 15.10 Size Matters Less
      • 15.11 Sectoral Differences
      • 15.12 Financial Benchmarks
      • 15.13 Ratio Analysis
      • 15.14 Future Environment
      • Specimen Questions
    • Single Currency
      • 16 Overview
      • 16.1 The Road to European Integration
      • 16.2 Creating a Single Currency
      • 16.3 UK and the Euro
      • 16.4 Pros and Cons
      • Specimen Questions
    • UK External Position
      • 17 Overview
      • 17.1 Importance of Trade
      • 17.2 Measurement of Trade
      • 17.3 UK's Direction of Trade
      • 17.4 Trade in Services
      • 17.5 Trade in Goods
      • 17.6 How Britain Pays its Way
      • 17.7 Importance of Global Investment
      • 17.8 International Trade & Exchange Rates
      • Specimen Questions
    • European Union
      • 18 Overview
      • 18.1 Introduction - The 'European Project'
      • 18.2 An ever larger union
      • Specimen Questions
    • Global Economy
      • 19 Overview
      • 19.1 Introduction
      • 19.2 Structure of the Global Economy
      • 19.3 Long Terms Trends
      • 19.4 Current Issues and Outlook
      • 19.5 International Trade Flows
      • 19.6 International Cooperation
      • Specimen Questions
    • Acknowledgements
    • For Your Amusement
  • Charts
    • Current Economic Situation
    • Macroeconomic Policy
    • Effects of Stability and Low Inflation
    • Growth
    • Money and Banking Regulation
    • The Labour Market
    • The Social Framework
    • Regional Perspective
    • Housing Market
    • Company Finance
    • Single Currency
    • UK External Position
    • Global Economy
  • Appendices
    • Microeconomic Policy
      • 4.1 Competition Commission
    • Growth
      • 7.1 GDP and GVA
      • 7.2 GDP Index Numbers
      • 7.3 GVA by Broad Industry (2005 Prices)
      • 7.4 GVA by Detailed Industry (Current Prices)
      • 7.5 GVA by Detailed Industry (2005 Prices)
      • 7.6 GDP by Category of Expenditure (Current Prices)
      • 7.7 GDP by Category of Expenditure (2005 Prices)
      • 7.8 Household Expenditure by Purpose (2005 Prices)
      • 7.9 Gross Fixed Capital Formation by Category (2005 Prices)
      • 7.10 GDP by Category of Income
      • 7.11 Household Disposable Income and Consumption
      • 7.12 Income Product and Spending per Head
    • Inflation
      • 8.1 Internal Purchasing Power of the Pound
      • 8.2 UK Price Trends
    • Money and Banking Regulation
      • 9.1 Narrow Money - Velocity of Circulation and Money Stock
      • 9.2 M4 Velocity of Circulation and Money Stock
      • 9.3 UK Bank and Building Society Lending to UK Private Sector
    • The Labour Market
      • 11.1 Labour Force Survey - Summary Data
      • 11.2 Employment
      • 11.3 Inactivity Rate
      • 11.4 Employment Rates
      • 11.5 Unemployment - ILO Measure
      • 11.6 Jobs by Industry
    • Social Framework
      • 12.1 GDP and Income
    • Regional Perspective
      • 13.1 Regional GDP and GDP per Head
    • Single Currency
      • 16.1 Population Trends: EU, USA, Japan
      • 16.2 Growth Rates of Real GDP: EU, USA, Japan
      • 16.3 GDP per Head of Population, EU, USA And Japan
      • 16.4 Consumer Expenditure Price Deflator: EU, USA, Japan
      • 16.5 Unemployment Rates: EU, USA, Japan
    • External Position
      • 17.1 Value of Trade in Goods and Services
      • 17.2 Trade in Goods with EU & Non-EU Countries
      • 17.3 Trade in Goods - Price Indices
      • 17.4 Trade in Goods - Volume Indices
      • 17.5 Trade in Goods - Commodities
      • 17.6 Trade in Goods - Regions
      • 17.7 Trade in Goods - Selected Countries
      • 17.8 UK Assets and Liabilities
      • 17.9 Summary of Balance of Payments
      • 17.10 Average Rates Against Sterling
    • The Global Economy
      • 19.1 World Trade Flows
      • 19.2 World Trade Growth
  • External Resources
    • Useful Websites
  • Help
    • Instructions Guide
    • Frequently Asked Questions
    • Information For Teachers
    • Technical Information
    • Site Map

Inflation: 8 Overview

 

Overview

8 Overview
8.1 Costs of Inflation
8.2 Inflation and Purchasing Power
8.3 Measuring Inflation
8.4 Trends
8.5 Deflation
Specimen Questions
Site Map Top
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