- In one line: The PMI falls, but it will rebound after the Budget.
Rob Wood (Chief UK Economist)UK
HOUSE-PRICE RECOVERY FALTERS IN JULY, BUT IT’S A BLIP...
- ...PRICE INFLATION WILL ACCELERATE TO 4.5% IN DECEMBER
Rob Wood (Chief UK Economist)UK
- In one line:Retail sales flattered by the weather, but the trend is up as real wage gains drive stronger spending.
Rob Wood (Chief UK Economist)UK
- In one line: The strengthening PMI means the MPC will wait until November to cut rates again.
Rob Wood (Chief UK Economist)UK
- In one line: Retail sales gain more ground in August.
Rob Wood (Chief UK Economist)UK
- In one line: Retail sales return to growth in July.
Rob Wood (Chief UK Economist)UK
- In one line: The PMI signals steady growth now and a stronger expansion to follow.
Rob Wood (Chief UK Economist)UK
HOUSE PRICES DEFY HIGH INTEREST RATES...
- ...WE EXPECT 4% HOUSE-PRICE INFLATION IN 2024
Elliott Laidman Doak (Senior UK Economist)UK
- In one line:Colder weather deters shoppers but overall GDP will still jump in Q2.
Rob Wood (Chief UK Economist)UK
- In one line: Bad weather holds back retail sales again.
Rob Wood (Chief UK Economist)UK
STEADY GROWTH DESPITE STICKY RATES...
- ...HOUSING MARKET ACTIVITY TO ACCELERATE IN H2
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: Slowing inflation will make the MPC happy.
Rob Wood (Chief UK Economist)UK
- In one line: Retail sales bounce back from April’s catastrophe.
Rob Wood (Chief UK Economist)UK
LATER RATE CUTS SLOW THE HOUSING MARKET RECOVERY...
- ...WE EXPECT HOUSE PRICES TO RISE ONLY 3% IN 2024
Rob Wood (Chief UK Economist)UK
- In one line: Retail sales will bounce back from April's collapse as consumer confidence improves.
Rob Wood (Chief UK Economist)UK
- In one line: A grim April but retail sales should recover as the weather improves.
Rob Wood (Chief UK Economist)UK
- In one line: Strengthening growth and slowing inflation, but watch the jump in input costs.
Rob Wood (Chief UK Economist)UK
A SMALL WOBBLE AS MORTGAGE-RATE DROP PAUSES...
- ...BUT PRICES WILL STILL RISE 4% IN 2024
Rob Wood (Chief UK Economist)UK