UK Data Response UK Consumer Prices (Sep.) UK consumer price inflation remains stubbornly high. But that is unlikely to prevent the Monetary Policy Committee from providing the economy with further policy support should activity continue to... 12th October 2010 · 1 min read
UK Data Response Producer Prices (Sep.) September’s UK producer prices figures suggest that pipeline cost pressures in the industrial sector are still quite strong. But we do not expect that to prevent overall consumer price inflation from... 8th October 2010 · 1 min read
UK Data Response Industrial Production (Aug.) August’s UK industrial production figures confirmed that, for now at least, the manufacturing sector continues to defy the gathering gloom over the broader economic outlook. But industry’s resilience... 7th October 2010 · 1 min read
UK Data Response Halifax House Prices (Sep.) The hefty drop in the Halifax measure of house prices adds weight to the view that house price weakness is far from over. To our minds, weak housing market activity indicators mean that further falls... 7th October 2010 · 1 min read
UK Data Response UK CIPS/Markit Report on Services (Sep.) September’s CIPS/Markit Report on Services should, for now at least, ease fears about the risk of a double-dip in the economy. But double-dip or no double-dip, the recovery appears to have a lost a... 5th October 2010 · 1 min read
UK Data Response UK CIPS/Markit Report on Manufacturing (Sep.) September’s UK CIPS/Markit report on manufacturing provided further evidence that the recovery in both the industrial sector and the wider recovery is fading fast. 1st October 2010 · 1 min read
UK Data Response Credit Conditions Survey (Q3) The Bank of England’s latest survey suggested that while credit conditions are continuing to thaw, the process remains very gradual. We do not expect lending growth to pick up pace any time soon. 30th September 2010 · 1 min read
UK Data Response Credit Conditions Survey (Q3) The Bank of England’s latest survey suggested that while credit conditions are continuing to thaw, the process remains very gradual. We do not expect lending growth to pick up pace any time soon. 30th September 2010 · 1 min read
UK Data Response Nationwide House Prices (Sep.) House prices were more or less stable in September. Although it may appear that prices are stagnating at the moment, the renewed falls in mortgage market activity suggest that further declines in... 30th September 2010 · 1 min read
UK Data Response Mortgage Lending (Aug.) The latest mortgage lending statistics from the Bank of England show that mortgage market activity weakened once again in August. Declining buyer demand means that approvals could drop even further... 29th September 2010 · 1 min read
UK Data Response Mortgage Lending (Aug.) The latest mortgage lending statistics from the Bank of England show that mortgage market activity weakened once again in August. Declining buyer demand means that approvals could drop even further... 29th September 2010 · 1 min read
UK Data Response National Accounts & Balance of Payments (Q2) Q2’s national accounts and balance of payments figures brought mixed signals on the fundamental health of the UK economy. There are still good reasons to be concerned over the sustainability of the... 28th September 2010 · 1 min read
UK Data Response MPC Minutes (Sep.) The Minutes of September’s MPC meeting suggested that the arguments proposed by doves on the Committee are gaining greater currency with the other members. The chances of additional monetary policy... 22nd September 2010 · 1 min read
UK Data Response MPC Minutes (Sep.) The Minutes of September’s MPC meeting suggested that the arguments proposed by doves on the Committee are gaining greater currency with the other members. The chances of additional monetary policy... 22nd September 2010 · 1 min read
UK Data Response Public Finances (Aug.) August’s public finances figures severely dented hopes that the fiscal position is on a clearly improving trend and cast doubt on the ability of the Government to deliver the fiscal tightening laid... 21st September 2010 · 1 min read
UK Data Response UK Retail Sales (Aug.) August’s fall in retail sales volumes tentatively suggested that the surprising resilience of consumer spending of late could be coming to an end. 16th September 2010 · 1 min read