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11th Jun 2024 17:40UKDaily Monitor

  • We think unchanged GDP month-to-month in April signals a strong underlying trend.
  • GDP held steady despite erratic and rain-disrupted sectors slicing 0.4pp off month-to-month growth.
  • We upgrade our growth forecast to 0.4% quarter-to-quarter in Q2, above the MPC’s 0.2% call.

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Keywords for: 13 June 2024 UK Monitor

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