Pantheon Macroeconomics

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14th Jun 2023 15:37U.K., Daily Monitor

  • The trend in GDP still looks flat, materially worse than implied by the recent business surveys...
  • ...primarily because they are not registering the impact of the drop in construction work and public sector strikes.
  • Looking ahead, mortgage refinancing is an unhelpful headwind, but it likely will not trigger a recession.

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Keywords for: 15 June 2023 UK Monitor

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