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14th Aug 2024 11:38UKDaily Monitor

  • GDP was unchanged month-to-month in June and grew 0.6% quarter-to-quarter in Q2 as expected.
  • Growth will slow in H2 2024, but consumer spending should keep the economy expanding solidly.
  • We see upside risks to our forecast for 1.2% year- over-year GDP growth in 2024.

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Keywords for: 16 August 2024 UK Monitor

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