UK Data Response Consumer Prices & Producer Prices (Nov.) The fall in CPI inflation to a four year low in November confirms that the economy is enjoying a favourable mix of strong growth and low inflation. And with inflation on track to dip below 2% in 2014... 17th December 2013 · 1 min read
UK Data Response Industrial Production & Trade (Oct.) October’s figures on industrial production and trade offered some good news for the Government’s oft-proclaimed ambition for an economy more biased towards manufacturing. But, on the external side... 10th December 2013 · 1 min read
UK Data Response CIPS/Markit Report on Services (Nov.13) While the CIPS services survey softened slightly in November, the strength of the manufacturing and construction surveys suggests that the economic recovery is maintaining its momentum. Quarterly GDP... 4th December 2013 · 1 min read
UK Data Response BRC Retail Sales Monitor (Nov.) November’s BRC retail sales figures brought more evidence of a slight slowdown in the recovery in consumer spending. But retail sales should grow at a faster pace soon as the drags on consumer... 3rd December 2013 · 1 min read
UK Data Response CIPS Report on Manufacturing (Nov.) November’s CIPS manufacturing survey signals that the sector’s revival is continuing to gather pace and so should help to ease concerns that the economic recovery is entirely dependent on an... 2nd December 2013 · 1 min read
UK Data Response GfK/NOP Consumer Confidence (Nov.) November’s fall in consumer confidence suggests that households are still not feeling the full benefit of the economic recovery. Nonetheless, some solid props to consumer spending are on the horizon. 29th November 2013 · 1 min read
UK Data Response CBI Distributive Trades Survey (Nov.) November’s CBI Distributive Trades Survey suggests that the recovery in retail sales has lost some pace recently. But there are a few signs that retailers are anticipating a healthier Christmas period... 27th November 2013 · 1 min read
UK Data Response GDP: Second Estimate & Expenditure Breakdown (Q3) The second estimate of Q3 GDP confirmed that the UK economy is experiencing a period of strong growth. And while the expenditure breakdown showed that household spending has remained the main driver... 27th November 2013 · 1 min read
UK Data Response Public finances (Oct.) Although October’s public finance figures were a little disappointing, borrowing this year still looks set to come in substantially below the OBR’s March forecast. While the Chancellor is likely to... 21st November 2013 · 1 min read
UK Data Response MPC minutes (Nov.) November’s MPC minutes echoed the message of the Bank of England’s November Inflation Report that UK monetary policy is on hold for the foreseeable future. 20th November 2013 · 1 min read
UK Data Response Retail Sales (Oct.) October’s surprise fall in retail sales volumes highlights that, despite the hype over the economic recovery, the revival in the consumer sector remains a fragile one. That said, October’s... 14th November 2013 · 1 min read
UK Data Response Bank of England Inflation Report (Nov.) November’s Inflation Report provided some superficial support for expectations that interest rates will rise sooner than the MPC suggested back in August. But we still think that the disinflationary... 13th November 2013 · 1 min read
UK Data Response Consumer Prices & Producer Prices (Oct.) October’s inflation figures suggest that the UK economy is hitting a sweet spot of accelerating GDP growth and declining price pressures. And inflation is likely to fall further in the near future. 12th November 2013 · 1 min read
UK Data Response Trade (Sep.) September’s trade figures show that the UK economy continues to see an imbalance between domestic and overseas demand. And while export surveys have been positive, consumer demand may mean the trade... 8th November 2013 · 1 min read
UK Data Response Industrial Production (Sep.) September’s industrial production figures showed that the sector is continuing to recover, albeit more slowly than indicated by the recent surveys. As things stand, production looks on course to rise... 6th November 2013 · 1 min read
UK Data Response CIPS/Markit Report on Services (Oct.) The CIPS business surveys suggest that the UK economy got off to a very strong start in Q4. An improvement on Q3’s 0.8% expansion would seem eminently possible. 5th November 2013 · 1 min read
