UK: GDP Falls to Ill Health in Apr-22
UK GDP probably contracted in Q2, but high inflation is currently more concerning to the BoE. It should help encourage more gradualism beyond...
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UK: Fiscal Measures Against Inflation
A 2.5pp VAT cut would probably take almost 1pp off headline inflation within two months. Some firms may take the opportunity to restore their...
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UK: Consumers Drown Their Sorrows
The bleak retail performance of the previous two months surprisingly reversed as sales surged by 1.4%. Demand for booze dominated falling non-food...
476 Views
UK: Labour Market Cycles Inflation Up
The UK's combination of rising wage deals and falling unemployment looks to be around a cyclical peak in underlying inflation pressures, probably...
298 Views
UK: Cars Drive GDP Growth Back a Month
UK GDP growth declined in March as new car deliveries got delayed until April. The trend also disappointed amid downwards revisions and...
228 Views