Pantheon Macroeconomics

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6th Dec 2022 15:13U.K., Daily Monitor

  • The U.K. is the only G7 economy where GDP has not exceeded its pre-Covid level yet.
  • Households' real expenditure is the main source of the weakness; consumer prices have risen more...
  • ...and households have been less willing to reduce their saving rate; we expect them to remain cautious in 2023.

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Keywords for: 7 Dec 2022 UK Monitor

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