Sentence examples for underlying trend rate from inspiring English sources

"However, the improvement in output per worker is due to slower employment growth... there is still no sign of an improvement in the underlying trend rate of productivity growth".

The plucking model presumes that after a recession, the economy returns to an underlying trend rate of growth that is determined by the supply of workers, capital and technology.

"All this good news is miles above the underlying trend rate of improvement, so we expect a correction in the next month or two," Ian Shepherdson, chief domestic economist for High Frequency Economics, said in a message to the firm's clients.

Growth of 1.75% this year is disappointing, given an underlying trend rate of around 2.5%.

The underlying trend in bowel cancer incidence rates in England, for both men and women, showed a steady and significant decline over the 9-year period before the introduction of the screening programme, averaging around 1% per year.

Spending on Visa cards, which account for one in three of all purchases, was 0.8% higher in February following a 0.9% rise in January, though the underlying trend was still weak, with a decline in the rate from one quarter to the next of 1.1%.

'The underlying trend continues to be one of moderately rising house prices although the rate of increase has slowed in recent months.' Evidence of the slowdown came with figures showing prices in the three months to January were just 0.3percentnt higher than in the preceding quarter - the first time in more than three years that this figure has been below 1percentnt.

Chris Williamson, chief economist at economic survey firm Markit, said: "Retail sales growth slowed in May after a sunshine-related burst of spending in April, but the underlying trend remains impressively strong and adds to the likelihood of interest rates rising later this year rather than being delayed until 2016".

"That said, we do think the underlying trend in claims is now flat, though it is still high enough to ensure the unemployment rate keeps rising for some time yet".

The underlying trend may be modestly upwards.

But that will not change the underlying trend, he said.