Pantheon Macroeconomics

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9th May 2023 14:57U.K., Daily Monitor

  • We think GDP in March was unchanged from February, despite the improvement in surveys of business activity.
  • Retail sales and car sales fell sharply in March, while public sector strikes were more disruptive than in February.
  • GDP won’t recover materially until June, after the disruption caused by extra bank holidays and strikes has faded.

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Keywords for: 10 May 2023 UK Monitor

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