Pantheon Macroeconomics

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12th May 2022 18:00U.K., Daily Monitor

Q1 GDP grew faster in the U.K. than overseas because consumers were shielded from higher energy prices.

Monthly data show growth slowed during Q1; falling retail sales were more than just a consumer rotation.

Falling real incomes, declining health spending and the extra bank holiday will reduce GDP in Q2.

April bank rate brexit business investment consumer consumers economy energy energy prices exports February forecasts g7 gdp gdp growth government growth health households June markets net trade q1 q2 q4 real exports savings stockbuilding survey tariff trade transportation

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Keywords for: Brisk Quarterly GDP Growth Masks a Slowdown during Q1

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