- In one line: Rising car registrations signals recovering underlying economic activity.
Rob Wood (Chief UK Economist)UK
- In one line: The Construction PMI will continue to recover as tariff uncertainty fades and Government investment soars.
Rob Wood (Chief UK Economist)UK
- In one line: Happy days as growth improves and inflation slows; the MPC could welcome the news with another cut in August.
Rob Wood (Chief UK Economist)UK
- In one line: Rebounding employment expectations suggest inflation pressure will remain stubborn.
Rob Wood (Chief UK Economist)UK
- In one line: June’s downward revisions to the PMI’s sub-indices were likely driven by oil prices, sentiment will continue to improve.
Rob Wood (Chief UK Economist)UK
- In one line: Falling saving flows and rising corporate borrowing point to solid economic growth.
Rob Wood (Chief UK Economist)UK
- In one line: House prices fall in June but returning buyer demand will push up prices soon.
Rob Wood (Chief UK Economist)UK
- In one line: Better balanced growth after revisions bodes well.
Rob Wood (Chief UK Economist)UK
- We cut our Q2 GDP growth forecast to 0.2% quarter-to-quarter from 0.3% previously, after soft data.
- Energy prices nudge up our inflation forecasts; we see CPI inflation peaking at 3.7% in September.
- We see payrolls and GDP rebounding, which keeps us expecting only one more rate cut this year.
Elliott Laidman Doak (Senior UK Economist)UK
- In one line: Manufacturing orders fall in June but the worst of the tariff-induced slowdown appears over.
Elliott Laidman Doak (Senior UK Economist)UK
- In one line: House prices fall in April, but the market will recover quickly.
Rob Wood (Chief UK Economist)UK
- In one line: ONS vehicle duty correction cuts inflation, news was small, inflation pressures remain sticky.
Rob Wood (Chief UK Economist)UK
- In one line:Public finances deteriorate in May, tax-hike speculation to mount over the summer.
Rob Wood (Chief UK Economist)UK
- In one line: Consumers’ confidence inches up, but it will be tested over the summer.
Rob Wood (Chief UK Economist)UK
- In one line: Rates and guidance unchanged in June, but a dovish tilt to the minutes.
Rob Wood (Chief UK Economist)UK
- In one line:Retail sales tank in May but will rebound.
Rob Wood (Chief UK Economist)UK
- In one line: Activity rises and price pressures fall, but geopolitical stress a rising worry.
Rob Wood (Chief UK Economist)UK
- Soft data and one more dove than expected last week nudge up the chances of an August rate cut.
- We see the bar to a majority in August higher than the market does and retain our call for a November cut.
- June’s flash PMI will give a steer on Q2 GDP, and a host of MPC speeches will shed light on guidance.
Rob Wood (Chief UK Economist)UK
- In one line: Employment growth eases according to the REC, but the worst of the jobs slowdown appears over.
Rob Wood (Chief UK Economist)UK
- In one line:GDP falls in April but it will rebound as tax-hike-induced effects fade.
Rob Wood (Chief UK Economist)UK
