Pantheon Macroeconomics

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7th Nov 2024 18:43UKWeekly Monitor

  • GDP should rise 0.2% month-to-month in September, and 0.2% quarter-to-quarter in Q3.
  • We expect the unemployment rate to tick up to 4.1% in September, and wage growth to slow.
  • A massive labour-market surprise would be needed to shift the MPC, because the data are unreliable.

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Keywords for: 11 November 2024 UK Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence