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6th May 2024 11:12UKWeekly Monitor

  • The April composite PMI signals 0.4% quarter-to-quarter growth, above the MPC’s 0.1% forecast.
  • Rising new orders and buoyant business confidence suggest that solid growth will be maintained.
  • Services inflation slowed according to the PMI, but input costs surged after April’s minimum-wage hike.

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Keywords for: 7 May 2024 UK Monitor

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