Pantheon Macroeconomics - The headline figures from yesterday's GDP report gave a bad impression. September's 0.1% month-to- month decline in GDP matched the consensus and primarily reflected mean-reversion in car production and car sales, which both picked up in August.

U.K. | 12 Nov 2019 The Downside Surprise from Q3 GDP has a Silver Lining
The headline figures from yesterday's GDP report gave a bad impression. September's 0.1% month-to- month decline in GDP matched the consensus and primarily reflected mean-reversion in car production and car sales, which both picked up in August.

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12 Nov 2019 The Downside Surprise from Q3 GDP has a Silver Lining

By Samuel Tombs

The headline figures from yesterday's GDP report gave a bad impression. September's 0.1% month-to- month decline in GDP matched the consensus and primarily reflected mean-reversion in car production and car sales, which both picked up in August.

Posted: 11th Nov 2019 in 'U.K.'

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