The stronger than expected 0.5% m/m rebound in January's GDP, which fully reversed December's weather-related contraction, suggests that bad weather had a smaller effect on first-quarter activity than previously thought. Accordingly, the risks to our GDP estimate of 1.5% annualised now lie somewhat to the upside.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services