Economic Trends Vol 618 May 2005

IN BRIEF<BR>REGULAR ARTICLES<BR>Economic Update May 2005<BR>Forecasts for the UK Economy April 2005<BR>International Economic Indicators May 2005<BR>Regional Economic Indicators May 2005<BR>FEATURE ARTICLES<BR>Financial Derivatives in the UK Sector Balance Sheets and Financial Accounts<BR>TABLES<BR>Selected Monthly Indicators<BR>UK ECONOMIC ACCOUNTS<BR>National Accounts Aggregates<BR>Gross Domestic Product<BR>Income, Product and Spending per Head<BR>Households' Disposable Income and Final Consumption Expenditure<BR>Gross Fixed Capital Formation<BR>Gross Value Added, Chained volume Indices <BR>Capital accounts and Net Lending/Borrowing<BR>Private Non-financial Corporations<BR>Balance of Payments<BR>Trade in Goods<BR>UK Competitiveness<BR>PRICES<BR>Labour Market<BR>Labour Market Activity<BR>Jobs and Claimant Count<BR>Unemployment Rates<BR>Average Earnings<BR>Productivity and Unit Wage Costs<BR>SELECTED OUTPUT AND DEMAND INDICATORS<BR>Output of Production Industries<BR>Engineering and Construction: Output and Orders<BR>Motor Vehicle and Steel Production<BR>Fixed Investment in Dwellings<BR>Property Transactions<BR>Inventories<BR>Retail Sales<BR>Inland Energy Consumption<BR>SELECTED FINANCIAL STATISTICS<BR>Sterling Exchange Rates and UK Reserves<BR>Monetary Aggregates and Changes in Money Stock<BR>Public Sector Receipts, Expenditure and Key Fiscal Indicators<BR>Consumer Credit<BR>Bank Lending to UK Residents<BR>Interest Rates, Security Prices and Yields<BR>Asset Prices