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11th Jun 2025 09:43UKDaily Monitor

  • The unwinding of tariff and tax-hike front-running dragged down GDP growth in April…
  • …But the monthly fall looks exaggerated to us, so we expect GDP to rebound in May.
  • We thus only shave our forecast for Q2 GDP growth, to 0.2% quarter-to-quarter, from 0.3% previously.

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Keywords for: 13 June 2025 UK Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence