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1st Aug 2024 19:15UKWeekly Monitor

  • We expect GDP to be unchanged month-to-month in June, as retail sales and doctors’ strikes hit output.
  • That would leave Q2 GDP up 0.6% quarter-to-quarter, just below the MPC’s new forecast.
  • We think recent growth reflects stronger underlying momentum than the MPC assumes.

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Keywords for: 5 August 2024 UK Monitor

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