- In one line: GDP growth rebounds as consumers find their mojo.
Rob Wood (Chief UK Economist)UK
- The headline PMI dropped to 51.7, suggesting growth will slow to just 0.1% quarter-to-quarter.
- Resilient new orders and hints of an election-driven spending pause suggest the PMI will rebound.
- The services output price balance is little changed in 11 months, pointing to sticky price pressures.
Rob Wood (Chief UK Economist)UK
- In one line: The long decline in core goods inflation has no further to run.
Andrés Abadía (Chief LatAm Economist)UK
- In one line: The MPC take another step to a cut.
Rob Wood (Chief UK Economist)UK
- In one line: Borrowing close to Budget forecasts, but unrealistic spending plans mean the next government will borrow more and raise taxes.
Rob Wood (Chief UK Economist)UK
- In one line:Shoppers return in force, offering upside risks to Q2 GDP.
Rob Wood (Chief UK Economist)UK
- In one line: Strengthening real wage growth and emerging hopes for the economy boost consumer confidence.
Rob Wood (Chief UK Economist)UK
- The headline PMI dropped to 51.7, suggesting growth will slow to just 0.1% quarter-to-quarter.
- Resilient new orders and hints of an election-driven spending pause suggest the PMI will rebound.
- The services output price balance is little changed in 11 months, pointing to sticky price pressures.
Rob Wood (Chief UK Economist)UK
- In one line: House prices keep rising despite higher mortgage rates.
Rob Wood (Chief UK Economist)UK
- In one line: Persistent services inflation means more delay to rate cuts.
Rob Wood (Chief UK Economist)UK
- The MPC can take some comfort from one-year consumer inflation expectations falling back to average.
- But five-year expectations are elevated, and trust in the central bank is failing to recover as inflation falls.
- Trust in the BoE is faring worse than trust in the ECB, suggesting UK inflation will prove more persistent.
Rob Wood (Chief UK Economist)UK
- In one line: Higher mortgage rates take a toll but estate agents expect a recovery later in the year.
Rob Wood (Chief UK Economist)UK
- In one line: Higher mortgage rates take a toll but estate agents expect a recovery later in the year.
Rob Wood (Chief UK Economist)UK
- In one line: Not a lot happening once we look through the noise from erratics, gold and fuel.
Rob Wood (Chief UK Economist)UK
- In one line: Flat GDP is a result, leaving the economy on track to grow 0.4% quarter-to-quarter in Q2.
Rob Wood (Chief UK Economist)UK
- In one line: Not as bad as feared, labour market is easing and wage growth will follow.
Rob Wood (Chief UK Economist)UK
- In one line: The labour market bottoms out.
Rob Wood (Chief UK Economist)UK
- In one line: Surveys are playing ball, the hard data will follow.
Rob Wood (Chief UK Economist)UK
- In one line: Construction growth accelerates further, supporting the recovery from last year's recession.
Rob Wood (Chief UK Economist)UK
