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13th Feb 2025 20:02UKWeekly Monitor

  • The economy is in better shape than feared, after a consensus-busting 0.4% GDP gain in December.
  • The next OBR forecast will be based on lower gilt yields, giving Ms. Reeves back some headroom.
  • We expect payrolls to be revised up, strong wage growth, and CPI inflation to jump to 2.8%.

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Keywords for: 17 February 2025 UK Monitor

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