Euro area inflation

Euro area annual inflation is expected to be 2.7% in September 2012, up from 2.6% in August.

Household Survey

1.5 per cent of adults in the UK identified themselves as Gay, Lesbian or Bisexual
2.7 per cent of 16 to 24 year olds in the UK identified themselves as Gay, Lesbian or Bisexual compared with 0.4 per cent of 65 year olds and over
Across the UK, 78 per cent of men and 75 per cent of women reported that they perceived themselves to be ‘in good health’
Of the constituent countries of the UK, for the third successive year Wales has reported the lowest rate of perceived good health
In the UK, those aged 18 to 24 and who currently smoke are over twice as likely to have reported to be ‘not in good health’ compared with those that have never smoked

The number of employees in the UK showed a small fall of 0.2 per cent between September 2010 and September 2011
The number of full-time employees decreased by 124,000, while the number of part-time employees increased by 76,000
London had the largest growth in the number of employees, with an increase of 79,000. The South West had the largest fall in the number of employees, with a decrease of 41,000
Accommodation & food services was the industrial grouping with the largest growth in the number of employees, with an increase of 58,000. Public administration had the largest fall in the number of employees, with a decrease of 124,000

UK gross domestic product (GDP) in volume terms decreased by 0.4 per cent between the first and second quarter of 2012, revised from a previously estimated decline of 0.5 per cent
Household final consumption expenditure decreased by 0.2 per cent in volume terms in the latest quarter, revised up from a previously estimated decline of 0.4 per cent

In Q2 2012, the volume measure of household spending (adjusted for inflation) fell by 0.2 per cent (£527 million), the first contraction since Q3 2011. It was 5.5 per cent below the peak of Q4 2007, and 1.2 per cent higher than Q2 2009
In Q2 2012 the value of current price household spending (inflation included) increased by 0.7 per cent on the quarter, meaning it was 9.5 per cent higher than Q4 2007
In Q2 2012, the value of UK household spending per head was £3,813. This was £214 higher than in Q4 2007, the peak of pre recession spending

33% of retailers reported that sales volumes were up on a year ago, and 27% stated that sales had fallen – an improvement on last month’s weaker performance
Looking ahead, retailers expect somewhat faster sales growth in the year to October
While the volume of orders placed on suppliers was broadly flat (+2%), this was still a marked improvement from last month’s year-on-year fall (-11%) and beat expectations of another decline (-8%)
For the fifth consecutive month, high street retailers considered the volume of sales to be significantly below average for the time of year

Not much change happens, according to the monthly English Business Survey so I guss it makes more sense to look at the quarterly analysis for Q2

Hmm. Not much happening there either. I guess I’ll wait for the annual report before I get too excited.