UK Data Response Industrial Production (Jan.) After experiencing the largest monthly fall in three years in December, UK industrial production started 2016 on a somewhat more positive note. However, external factors suggest there won’t be much... 9th March 2016 · 1 min read
UK Data Response BRC Retail Sales Monitor (Feb.) After a surprisingly-strong start to the year, February’s BRC sales figures showed retail sales growth moderating. With temporary supports set to fade, 2016 looks likely to be a solid, rather than... 8th March 2016 · 1 min read
UK Data Response Markit/CIPS Report on Manuf. (Feb.) The February UK Markit/CIPS manufacturing survey showed that the sector doesn’t appear to be doing any better so far in 2016 than it did in 2015. But the manufacturing sector’s prospects should... 1st March 2016 · 1 min read
UK Data Response GfK/NOP Consumer Confidence (Feb.) February’s consumer confidence figures show that consumers are becoming increasingly concerned about general economic uncertainty. However, they remain upbeat by past standards, and this should help... 26th February 2016 · 1 min read
UK Data Response GDP: Second Estimate & Expenditure Breakdown (Q4) With GDP still estimated to have risen by a quarterly 0.5% in Q4 of last year, the UK recovery is still looking solid, but unspectacular. A number of clouds loom on the horizon, but we don’t think... 25th February 2016 · 1 min read
UK Data Response CBI Distributive Trades Survey (Feb & Q1.) Following the strong official retail sales figures in January, February’s CBI Distributive Trades Survey proved very disappointing reading. But we remain upbeat about the near-term prospects for high... 24th February 2016 · 1 min read
UK Data Response Public Finances & Retail Sales (Jan.) The Chancellor will welcome today’s better news on the public finances, ahead of the Budget next month, while January’s retail sales figures suggest that the consumer recovery remains in full swing. 19th February 2016 · 1 min read
UK Data Response Labour Market Data (Dec./Jan.) The soft UK pay growth shown in today’s labour market figures – which is still at odds with the tightening labour market – highlights why the MPC won’t be raising rates anytime soon 17th February 2016 · 1 min read
UK Data Response Consumer Prices & Producer Prices (Jan.) January’s consumer prices release showed the UK moved further away from deflation – due to easing fuel price deflation rather than a core-price inflation rise. 16th February 2016 · 1 min read
UK Data Response Industrial Production (Dec.) After contracting in the first three quarters of 2015, the UK manufacturing sector just managed to pull out of recession in the fourth quarter. But overall production experienced its worst quarter for... 10th February 2016 · 1 min read
UK Data Response Trade (Dec.) December’s trade figures provide further evidence that the UK’s economic recovery remained reliant on the domestic services sector in Q4 2015. While we think fears of a sharp global slowdown are... 9th February 2016 · 1 min read
UK Data Response BRC Retail Sales Monitor (Jan.) Following a fairly disappointing Christmas period, January’s BRC sales figures suggested that consumers started the year on a strong footing. But with temporary props set to fade, spending growth in... 9th February 2016 · 1 min read
UK Data Response Markit/CIPS Report on Services (Jan.) January’s Markit/CIPS report on services provided further evidence that the economic recovery has started 2016 on a slightly stronger note. But firms have become a bit more wary about the near-term... 3rd February 2016 · 1 min read
UK Data Response Markit/CIPS Report on Manuf. (Jan.) & Money and Credit (Dec.) The January Markit/CIPS manufacturing survey showed that the sector started 2016 on a slightly better footing. But with headwinds to the sector remaining, any near-term improvement is likely to be... 1st February 2016 · 1 min read
UK Data Response GfK/NOP Consumer Confidence (Jan.) January’s consumer confidence figures support our expectation that household spending will continue to grow at a solid rate in 2016. But consumption growth will probably be a bit slower than in 2015... 29th January 2016 · 1 min read
