Pantheon Macroeconomics

Best viewed on a device with a bigger screen...

23rd May 2023 15:01U.K., Daily Monitor

  • The composite PMI still points to a solid quarterly expansion in Q2, despite edging down slightly in May...
  • ...But the PMI probably still is overstating the recovery, given that it excludes sectors that will contract in Q2.
  • The employment balance points to employee numbers flatlining in Q2, undershooting the MPC's forecast.

This publication is only available to U.K. (Monitor) subscribers

Are you taking full advantage of our daily publications?

Pantheon Macroeconomics produce daily publications for U.S., Eurozone, Latin America, UK and Asia, as well as analysis on key data within a few minutes of their release.

U.S. Economic Research
Eurozone Economic Research
Latin America Economic Research
UK Economic Research
Asia Economic Research

Sign up for your complimentary trial

To start your complimentary trial, highlight the areas you are interested in subcribing to and click next.

United States


United Kingdom

China +

Emerging Asia

Latin America


Consistently Right
Access Key Enabled Navigation
Keywords for: 24 May 2023 UK Monitor

composite pmi, employee numbers, employment, gdp, gdp growth, growth, May, pmi, uk, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence