Pantheon Macroeconomics

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18th Nov 2022 15:37U.K., Daily Monitor

  • Retail sales might hold steady in Q4, given the boost to disposable incomes from reversing the NI hike...
  • ...But they likely will fall again in 2023, as real incomes are hit hard by the rapid withdrawal of fiscal support.
  • A risk premium no longer is priced-in to gilts and sterling, but new strains might emerge if energy prices surge.

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energy energy prices q4 real incomes retail retail sales uk

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Keywords for: 22 Nov 2022 UK Monitor

energy, energy prices, q4, real incomes, retail, retail sales, uk, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence