UK Data Response GfK/NOP Consumer Confidence (May) Consumer sentiment seems to be holding up pretty well despite the looming EU referendum. Nonetheless, consumer spending growth in 2016 will probably still be a bit slower than in 2015 as austerity... 27th May 2016 · 1 min read
UK Data Response GDP: Second Estimate & Expenditure Breakdown (Q1) Today’s release confirmed that the recovery slowed at the start of 2016 and that growth remains very unbalanced. However, there appears to be more at play than just Brexit uncertainties. 26th May 2016 · 1 min read
UK Data Response CBI Distributive Trades Survey (May) May’s CBI Distributive Trades Survey indicates that Brexit concerns are still weighing on the retail sector. But the survey has been more pessimistic than the official data recently, so the latest... 24th May 2016 · 1 min read
UK Data Response Public Finances (Apr.) The disappointing tone of the latest public borrowing figures ended the recent short run of more upbeat economic data and indicated that the Chancellor has started the fiscal year on the back foot. 24th May 2016 · 1 min read
UK Data Response CBI Industrial Trends Survey (May) The CBI Industrial Trends Survey for May showed an improvement in manufacturing activity over the past month despite a tough external environment and EU referendum uncertainty. 20th May 2016 · 1 min read
UK Data Response Retail Sales (Apr.) April’s official UK retail sales figures painted a more upbeat picture than the recent survey and anecdotal evidence and suggested that high street spending has now come through its recent soft patch... 19th May 2016 · 1 min read
UK Data Response Labour Market Data (Mar./Apr.) Although there were some bright spots in today’s labour market figures , on the whole they offered a further indication that the economic slowdown has sapped the jobs recovery of its recent vigour. 18th May 2016 · 1 min read
UK Data Response Consumer Prices & Producer Prices (Apr.) April’s fall in CPI inflation merely reflects erratic Easter effects unwinding and is unlikely to be the start of a renewed downward trend. But the big picture is that price pressures in the economy... 17th May 2016 · 1 min read
UK Data Response Construction Output (Mar.) March’s construction figures confirmed the sector’s recovery has gone into reverse, leaving GDP growth precariously unbalanced. What’s more, recent evidence points to continuing weakness in the near... 13th May 2016 · 1 min read
UK Data Response Industrial Production (Mar.) Disappointing official industrial figures in March confirmed that the sector has slipped back into recession, leaving GDP growth precariously unbalanced. 11th May 2016 · 1 min read
UK Data Response BRC Retail Sales Monitor (Apr.) Following two months of weak official retail sales figures, April’s BRC sales data dented hopes that the weakness would prove temporary. Nonetheless, we still think that talk of a marked collapse in... 10th May 2016 · 1 min read
UK Data Response Trade (Mar.) Despite the improvement in today’s trade figures for March, net trade still appears to still be dragging on GDP growth. And trade is set to make a larger negative contribution to the current account... 10th May 2016 · 1 min read
UK Data Response Markit/CIPS Report on Services (Apr.) The fall in the Markit/CIPS services survey in April suggests that economic growth will soften further in the near term, perhaps until uncertainty surrounding the EU referendum is resolved. 5th May 2016 · 1 min read
UK Data Response Markit/CIPS Report on Manuf. (Apr.) The latest Markit/CIPS manufacturing survey suggested that the sector began Q2 on a poor footing and will increase fears that the economic recovery will slow further inQ2 as the EU referendum nears... 3rd May 2016 · 1 min read
UK Data Response GfK/NOP Consumer Confidence (Apr.) While consumer confidence fell more sharply than expected in April, we would caution against reading too much into one month’s data. What’s more, April’s reading was still within the top 30% of all... 29th April 2016 · 1 min read
UK Data Response Preliminary estimate of GDP (Q1) As had been expected, today’s GDP figures confirmed that the economic recovery cooled in Q1. But we wouldn’t wholly blame the slowdown on uncertainty ahead of the EU referendum given jitters in... 27th April 2016 · 1 min read
