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1st Sep 2025 12:54UKDaily Monitor

  • GDP growth beat consensus again in Q2, and surveys point to improving momentum so far in Q3.
  • Services inflation is proving sticky, as wage growth remains far too strong to deliver 2% inflation.
  • Job surveys were weaker than we expected but continue to point to payroll falls easing.

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Keywords for: 2 September 2025 UK Monitor

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