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30th Apr 2025 10:17UKDaily Monitor

  • We expect zero GDP growth in March as industrial production falls and service activity slows.
  • Quarter-to-quarter growth of 0.6% in Q1 will comfortably beat the MPC’s projection of 0.3%.
  • GDP growth will slow further in Q2-to-Q4 2025 as the trade war begins to feed into the hard data.

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Keywords for: 2 May 2025 UK Monitor

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