Pantheon Macroeconomics

Best viewed on a device with a bigger screen...

12th Aug 2022 15:08U.K., Daily Monitor, Weekly Monitor

Q2 GDP would have held steady without the Jubilee and risen by 0.9% q/q if Covid spending hadn't plunged.

The 0.2% q/q drop in households' real expenditure was a good result, given the massive fall in real incomes.

A recession isn't inevitable, provided fiscal support is increased substantially and households draw on savings.

business confidence business investment capex cpi cpi inflation energy gdp growth government inventories July June labour May mpc ONS public sector q1 q2 q2 gdp q3 q4 real disposable incomes real incomes recession savings surveys trade unemployment unemployment rate winter

This publication is only available to UK Economic Research (Monitor) subscribers

Related Publications

Are you taking full advantage of our daily publications?

Pantheon Macroeconomics produce daily publications for U.S., Eurozone, Latin America, UK and Asia, as well as analysis on key data within a few minutes of their release.

U.S. Economic Research
Eurozone Economic Research
Latin America Economic Research
UK Economic Research
Asia Economic Research
 

Sign up for your complimentary trial

To start your complimentary trial, highlight the areas you are interested in subcribing to and click next.

United States

Eurozone

United Kingdom

China +

Emerging Asia

Latin America

Next

 
Consistently Right
Access Key Enabled Navigation
Keywords for: 15 Aug 2022 UK Monitor

business confidence, business investment, capex, cpi, cpi inflation, energy, gdp growth, government, inventories, July, June, labour, May, mpc, ONS, public sector, q1, q2, q2 gdp, q3, q4, real disposable incomes, real incomes, recession, savings, surveys, trade, unemployment, unemployment rate, winter, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence