Table of Contents Table of Contents
Previous Page  25 / 111 Next Page
Information
Show Menu
Previous Page 25 / 111 Next Page
Page Background

World Economy

OPEC Monthly Oil Market Report – August 2017

17

y-o-y in April. With indicators supporting the view of a gradual slowdown in the UK economy, the growth

forecast remains unchanged at 1.5% for 2017. Growth in 2018 is forecast at 1.4%.

Graph 3 - 6: UK PMIs

Graph 3 - 7: UK industrial production

53.8

55.1

46

48

50

52

54

56

58

Jul 16

Aug 16

Sep 16

Oct 16

Nov 16

Dec 16

Jan 17

Feb 17

Mar 17

Apr 17

May 17

Jun 17

Jul 17

Index

Sources: CIPS, IHS Markit and Haver Analytics.

Services PMI

Manufacturing PMI

-0.3

-1.0

0.0

1.0

2.0

3.0

4.0

5.0

May 16

Jun 16

Jul 16

Aug 16

Sep 16

Oct 16

Nov 16

Dec 16

Jan 17

Feb 17

Mar 17

Apr 17

May 17

Sources: Office for National Statistics and Haver Analytics.

% change y-o-y