BCC Monthly Economic Review - June 2016

8th June 2016

Please find attached the BCC Monthly Economic Review for June 2016.

There are definite signs of weakening and the trade deficit is truely frightening. Against that we are still growing and if we could improve the "value" of what we do (reduce costs, higher added value and improved productivity) we can pull this around. In May the UK announced its worst first quarter deficit since 2008. On the same day Germany announced it biggest ever trade surplus for March "ever". It shows it can be done and there are massive markets out there we can exploit. BCC Monthly Economic Review - June 2016 Kind Regards Richard Wright Executive Director