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3rd Jul 2024 18:22UKDaily Monitor

  • We expect GDP to rise 0.2% month-to-month in May, as retail sales and manufacturing rebound.
  • GDP is on track to increase 0.5% quarter-to-quarter in Q2, matching the MPC’s forecast.
  • We expect growth to slow to 0.3% quarter-to-quarter in H2 2024, still stronger than the MPC expects.

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Keywords for: 5 July 2024 UK Monitor

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