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5th Jun 2024 15:30UKDaily Monitor

  • We think GDP fell 0.2% month-to-month in April, as wet weather reduced consumer spending.
  • We still expect 0.3% quarter-to-quarter growth in Q2, as retail sales should bounce back in May…
  • ...Business surveys, moreover, suggest output growth remains robust.

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Keywords for: 7 June 2024 UK Monitor

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