UK: Manufacturing’s Sprightly Spring-19
The UK’s manufacturing PMI retreated two-points to 53.1 in Apr-19, broadly as expected. Inventory accumulation has helped the UK remain well-above...
453 Views
Brexit Risk Still on Vacation
As MPs return from their Easter holidays, the politics are not yet conducive for a breakthrough. Neither a cross-party deal nor Conservative...
502 Views
BoE: Wakey Wakey Rise and Shine
Soft survey data and an imminent risk of a disorderly Brexit raised the option value of delaying a hike in Feb-19. Resilient real data and the...
500 Views
UK: BoE Confronted by Irrepressible Consumers
UK retail sales surged further above trend in Mar-19, and now raise upside risks to my already bullish 1Q19 GDP growth forecast of 0.5%...
572 Views
UK Inflation: Stable Before the Apr-19 Surge
UK inflation data were disappointingly stable, with the CPI at 1.9% and the RPI rate rounding down to 2.44% (index at 288.1). Airfares and...
618 Views