Pantheon Macroeconomics

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2nd May 2023 14:29U.K., Daily Monitor

  • The Queen’s funeral knocked 0.7pp off GDP in September, but that’s because most consumer-facing firms shut.
  • The hit from the Jubilee in June was very small, so we’re pencilling-in only a 0.2% m/m fall in GDP this month.
  • The rise in Nationwide’s house price index in April probably isn’t the start of a recovering trend.

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Keywords for: 3 May 2023 UK Monitor

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