UK Data Response Labour Market (Nov/Dec.) The latest labour market figures provided further reassurance that the economy held up in the fourth quarter of last year. With survey indicators suggesting that jobs and wage growth should continue... 24th January 2018 · 1 min read
UK Data Response CBI Industrial Trends Survey (Jan.) January’s CBI Industrial Trends Survey painted a relatively upbeat picture, suggesting that the manufacturing sector has carried a decent amount of momentum into 2018. 23rd January 2018 · 1 min read
UK Data Response Public Finances (Dec.) December’s figures brought yet more good news on the current health of the public finances. And we think that stronger GDP growth will result in a more rapid improvement further ahead. 23rd January 2018 · 1 min read
UK Data Response Retail Sales (Dec.) December’s retail sales figures were pretty disappointing. But some fall-back had always looked likely, given November’s hefty rise. And with inflation likely to have now peaked, the worst of the real... 19th January 2018 · 1 min read
UK Data Response Consumer Prices & Producer Prices (Dec.) The fall-back in CPI inflation from 3.1% in November to 3% in December probably marks the beginning of what we expect will be a sustained downward trend over the course of 2018. Despite this, we still... 16th January 2018 · 1 min read
UK Data Response Industrial Production, Construction & Trade (Nov.) The latest hard data for Q4 supports the view that the UK economy maintained a reasonable amount of momentum, and offers some tentative signs that net trade may have provided a bigger boost to growth. 10th January 2018 · 1 min read
UK Data Response BRC Retail Sales Monitor (Dec.) December’s BRC Retail Sales Monitor suggested that Christmas trading failed to provide much relief to retailers with spending growth broadly in line with its subdued average over the past year, as the... 9th January 2018 · 1 min read
UK Data Response Markit/CIPS Services PMI (Dec.) The rise in December’s Markit/CIPS services PMI provides some reassurance that the economy did not lose pace at the end of the year, following the disappointingly-weak manufacturing and construction... 4th January 2018 · 1 min read
UK Data Response Markit/CIPS Manufacturing PMI (Dec.) December’s Markit/CIPS manufacturing survey suggests that the sector provided valuable support to GDP growth in Q4. 2nd January 2018 · 1 min read
UK Data Response Quarterly National Accounts (Q3) Christmas has come early with the ONS’ annual data deluge before the festive break. The upward revision to annual growth paints 2017 in a better light, while the latest data provided a more balanced... 22nd December 2017 · 1 min read
UK Data Response Public Finances (Nov.) November’s public finances figures brought more good news on the current health of the public finances. And we think that stronger GDP growth will result in a more rapid improvement further ahead. 21st December 2017 · 1 min read
UK Data Response GfK/NOP Consumer Confidence The slight fall in the GfK/NOP measure of consumer confidence in December is not cause for alarm. Indeed, the forward-looking balances were unchanged. And with inflation now likely to be at its peak... 21st December 2017 · 1 min read
UK Data Response CBI Distributive Trades Survey (Dec.) The robust CBI Distributive Trades survey for December suggests that November’s strength in the official retail sales figures should be sustained in the final month of the year. 20th December 2017 · 1 min read
UK Data Response CBI Industrial Trends Survey (Dec.) December’s CBI Industrial Trends Survey painted a mixed picture for the manufacturing sector, with output expectations remaining weak despite order books continuing to swell. 18th December 2017 · 1 min read
UK Data Response Retail Sales (Nov.) The official retail sales figures suggest that “Black Friday” discounts provided a significant boost to high-street spending in November. But consumers may now have done the bulk of their Christmas... 14th December 2017 · 1 min read
UK Data Response Labour Market (Oct.) While the 56,000 fall in employment in the three months to October was larger than the consensus expectation of a 40,000 drop, employment looks unlikely to continue to fall for much longer. Meanwhile... 13th December 2017 · 1 min read
