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4th Mar 2024 18:51UKDaily Monitor

  • We think GDP rose 0.2% month-to-month in January, as retail sales stormed back from December’s drop.
  • That is not a flash in the pan, as the PMI shows firms’ optimism in the growth outlook at a two-year high.
  • We expect GDP to rise 0.3% quarter-to-quarter in Q1, above the MPC’s 0.1% forecast.

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Keywords for: 6 March 2024 UK Monitor

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