UK Data Response Markit/CIPS Report on Manuf. (Oct.) October’s Markit/CIPS manufacturing survey suggests that the sector’s post-referendum contraction will prove short-lived. And the fall in the pound should helpthe economy to rebalance towards... 1st November 2016 · 1 min read
UK Data Response CBI Distributive Trades Survey (Oct.) October’s CBI Distributive Trades Survey gives us another reason to be optimistic that the economy should not lose too much pace in the fourth quarter. Nonetheless, there are anumber of headwinds... 27th October 2016 · 1 min read
UK Data Response Preliminary estimate of GDP (Q3) Today’s GDP figures confirmed that the immediate economic impact of the vote to leave the EU has not been nearly as severe as many had initially expected. 27th October 2016 · 1 min read
UK Data Response CBI Industrial Trends Survey (Oct. & Q4) The CBI Industrial Trends Survey for October and Q4 suggests that the uncertainty created by the Brexit vote is weighing on the manufacturing sector, but that the fall in the pound will help... 24th October 2016 · 1 min read
UK Data Response Public Finances (Sep.) September’s public finances figures set the tone for a fairly disappointing set of fiscal forecasts likely to be revealed in the Autumn Statement next month. But this won’t prevent the Chancellor from... 21st October 2016 · 1 min read
UK Data Response Retail Sales (Sep.) While retail sales remained flat in September, spending on the high street held up well over Q3 as a whole. However, it seems unlikely that this strength will last in the face of softer employment and... 20th October 2016 · 1 min read
UK Data Response Labour Market (Aug./Sep.) August’s labour market data showed that the EU referendum still hasn’t provided much of a hit to the jobs recovery. But surveys suggest employment growth will slow further in the coming months which... 19th October 2016 · 1 min read
UK Data Response Consumer Prices & Producer Prices (Sep.) The rise in CPI inflation in September – to its highest level in almost two years – is likely to fuel market concerns about the upward impact of the pound’s fall on prices. However, we don’t think... 18th October 2016 · 1 min read
UK Data Response Construction Output (Aug.) August’s construction figures suggest that the sector is dragging on GDP growth. What’s more, construction’s fortunes are unlikely to improve much in coming quarters as the Brexit vote weighs on the... 14th October 2016 · 1 min read
UK Data Response BRC Retail Sales Monitor (Sep.) While September’s BRC Retail Sales Monitor continued to paint an upbeat picture of consumer spending at the end of Q3, some slowdown ahead looks inevitable. 11th October 2016 · 1 min read
UK Data Response Industrial Production & Trade (Aug.) While August’s industrial production and trade data provided a break from therecent run of positive data, the economy still appeared to weather the Brexit votebetter than most expected in Q3. 7th October 2016 · 1 min read
UK Data Response Markit/CIPS Report of Services (Sep.) September’s Markit/CIPS services survey added to other evidence suggesting tha tthe post-referendum economic slowdown has not been too severe. While it perhaps reduces the likelihood of another rate... 5th October 2016 · 1 min read
UK Data Response Markit/CIPS Report on Manuf. (Sep.) The Markit/CIPS manufacturing PMI for September showed that both the domesticand export-facing parts of the manufacturing sector are weathering the Brexit vote well. And the sector should contribute... 3rd October 2016 · 1 min read
UK Data Response National Accounts & Balance of Payments (Q2) Today’s Quarterly National Accounts and Balance of Payments figures for Q2 showed that the economy was even more resilient ahead of the EU referendum than previously thought, although it remained... 30th September 2016 · 1 min read
UK Data Response GfK/NOP Consumer Confidence (Sep.) Consumer confidence bounced back to pre-referendum levels in September in another sign that households are shaking off their initial post-Brexit vote blues. 30th September 2016 · 1 min read
UK Data Response CBI Industrial Trends Survey (Sep.) According to today’s CBI Industrial Trends Survey, there are few signs that the Brexit vote has knocked manufacturing activity off course in Q3. 22nd September 2016 · 1 min read
