It's very encouraging in these figures to see that employment is picking up. That's going to help domestic output and domestic incomes. The trends are all very positive.
We're seeing an improvement in output, which seems to be driven by both the export side and the domestic demand side, and we're seeing a gradual diminution of deflation.
The economy has finally crawled out of its 1990s misery. This is the first time since the late 1980s that I've seen signs of a broad domestic revival.
We see the domestic revival as steadily broadening out and in the end that should start to drive production.