Pantheon Macroeconomics

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7th Feb 2023 16:31U.K., Daily Monitor

  • Housebuilding is starting to slide; the construction PMI points to a 5% q/q drop in new housing work in Q1.
  • The end of the Help to Buy scheme will amplify the downturn; many first-time buyers will be priced out.
  • We expect a drop in private-sector dwellings investment to knock 0.8 percentage points from GDP this year.

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Keywords for: 8 Feb 2023 UK Monitor

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