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9th Nov 2023 20:22UK, Weekly Monitor

  • GDP would have fallen in Q3, if the volatile net trade and inventories components hadn’t support growth...
  • ...But growth in real household disposable income will pick up in Q4, enabling both more spending and saving.
  • Business investment was in line with pre-Covid norms despite falling in Q3; surveys signal continued resilience.

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Keywords for: 13 November 2023 UK Monitor

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