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12th Jul 2023 18:28U.K., Daily Monitor

  • GDP growth in May was depressed by the King’s coronation, but boosted by fewer strikes; the trend is flat.
  • We expect growth in GDP to pick up to 0.3% q/q in Q3 and Q4, despite a looming downturn in construction...
  • ...Real disposable incomes will benefit from falling CPI inflation; a pay deal has averted another winter of strikes.

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Keywords for: 14 July 2023 UK Monitor

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