Despite the surge in energy costs, the underlying economy produced its own price pressures.
By 2025, we will owe more money than our economy produces.
For now, most economists would probably agree, the economy is producing below its potential.
In times of recession, a country's economy produces less, and people have trouble finding jobs.
The problem with this prescription is that the Russian economy produces very little to tax.
To put that in context, the economy produces about £1.4tn of goods and services every year.
We're simply going to have to live with what growth the economy can produce.
But their economy on their own planet produced very little which the world itself wanted.
Japan's booming economy has produced a increased demand by companies for more new workers.
I don't think the economy can produce 100,000 new jobs every month.