Pantheon Publications

UK Datanote: Construction PMI, December 2025

• In one line: Few reasons for builders to be more optimistic in 2026, so the construction PMI will remain weak.

UK Datanote: Bank of England Decision Maker Panel, December 2025

• In one line: Job falls ease after the Budget circus ends while inflation remains stick.

UK Datanote: UK Car Registrations, December 2025

• In one line: Discounting and post-Budget relief boost autos sales in December, but the trend remains upwards.

UK Datanote: UK Final Services and Composite PMI, December 2025

• In one line: Look past the dissapointing headline, because forward-looking balances improved and price pressures strengthened.

UK Datanote: UK Money & Credit, November 2025

• In one line: The money and credit data for November show a solid footing for activity in 2026.

UK Datanote: U.K. Consumer Prices, November 2025

• In one line: Downside news focused in volatile items and partly driven by early discounting, while underlying inflation pressures remained firm.

UK Datanote: Retail Sales, November 2025

• In one line:Budget chaos hits retail sales, but arguably by less than might have been feared.

UK Datanote: U.K. Official House Price Index, October 2025

• In one line: Weak house price inflation in October means we cut our Q4 forecast. 

UK Datanote: UK Public Finances, November 2025

• In one line:Fiscal plans rest on shaky foundations.

UK Datanote: UK GfK Consumers' Confidence Survey, December 2025

• In one line: A post-Budget sigh of relief from consumers, and sentiment has further to rise.

UK Datanote: UK MPC Decision and Minutes, December 2025

• In one line: Cautious cut, we see one more in April, but it will be another closely fought decision. 

UK Datanote: UK Flash PMIs, December 2025

• In one line: Activity should continue to rise in Q1 2026.

UK Datanote: UK Labour Market Data, October / November 2025

• In one line: Budget chaos hits job growth, but pay growth remains strong nonetheless so the MPC will have to be cautious.

UK Datanote: UK GDP October 2025

• In one line:Some of the downside was noise and will unwind, but GDP will now do well to rise 0.1% quarter-to-quarter in Q4.

UK Datanote: UK International Trade, October 2025

• In one line: The trade balance should improve in November as erratic falls unwind and goods exports rise.

UK Datanote: UK Report on Jobs Survey, November 2025

• In one line: Signs of stubborn wage growth despite weak jobs are widespread.

UK Datanote: Final PMI, November 2025

In one line: Budget circus hits sentiment, which can recover now the event has passed. 

UK Datanote: Construction PMI, November 2025

In one line: Catastrophic PMI saying conditions are as bad as during a full lockdown is hard to take at face value, but risks clearly lie towards output falls now.

UK Datanote: U.K. BRC Retail Sales Monitor, November 2025

• In one line: Pre-Budget chaos drags on consumer spending.

UK Datanote: U.K. Nationwide House Price Index, November 2025

• In one line: House price inflation should accelerate slightly now that the Budget is behind us.