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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.

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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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