Pantheon Macroeconomics

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  • Last week brought evidence that the economy has rebounded smartly from the annual Budget circus.
  • GDP growth is on track to rise 0.1% quarter-to-quarter in Q4, 10bp more than the MPC assumed.
  • We look for a 25K month-to-month payroll fall in December, and inflation to tick up to 3.3%.

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Keywords for: 19 January 2026 UK Monitor Week

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