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9th Sep 2022 16:28U.K., Daily Monitor

  • June's 0.2% month-to-month rise in GDP was due to the unwinding of the Jubilee hit; the trend is flat.
  • We’re pencilling-in a 0.2pp hit to September GDP from the extra public holiday, but can’t rule out a bigger fall.
  • Even excluding the impact of the Queen’s funeral, Q3 GDP looks set to undershoot the MPC’s forecast.

business confidence business surveys construction energy energy prices gdp growth July mpc ONS public sector q2 q3 q3 gdp recession retail sales September September gdp services output surveys

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Keywords for: 13 Sept 2022 UK Monitor

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