UK Economics Chart Pack Recovery loses its vigour in 2015 The National Accounts released at the end of last year suggested that the economic recovery has less momentum than previously thought and still looks very unbalanced. Real GDP in 2015 is now on course... 6th January 2016 · 1 min read
UK Economics Chart Pack Looking good ahead of Christmas The official measure of retail sales painted a rather more upbeat picture of high street spending in the early run-up to Christmas than the anecdotal evidence. The true picture probably lies somewhere... 17th December 2015 · 1 min read
UK Economics Chart Pack Recovery regaining pace, but looking unbalanced The UK economy appears to be regaining a little momentum, but the nature of the recovery is looking quite unbalanced. The breakdown of Q3’s 0.5% quarterly rise in real GDP showed solid growth in... 3rd December 2015 · 1 min read
UK Economics Chart Pack Underlying household spending remains strong The underlying picture for household spending remains positive. Real household spending in Q3 looks likely to have grown by around 0.8% q/q, the rate seen in Q1 and Q2. And while retail sales volumes... 19th November 2015 · 1 min read
UK Economics Chart Pack Economic recovery picks up pace at the start of Q4 The latest business surveys support our view that the slowdown in the economy in Q3 was just temporary. Gains in both the Markit/CIPS manufacturing and service sector PMIs in October left the economy... 4th November 2015 · 1 min read
UK Economics Chart Pack “Good” deflation returns The latest consumer prices figures showed that CPI inflation turned negative again in September. Although the current period of negative inflation should prove to be short lived and shallow, inflation... 22nd October 2015 · 1 min read
UK Economics Chart Pack Recovery’s wheels not falling off, despite Q3 slowdown The latest business surveys made for dismal reading. Indeed, the average level of the economy-wide Markit/CIPS composite PMI over Q3 as a whole points to quarterly growth in GDP of just 0.5%... 6th October 2015 · 1 min read
UK Economics Chart Pack Recovery in spending temporarily slows Households are continuing to see substantial increases in their purchasing power. Annual growth in average weekly earnings (excluding bonuses) picked up from 2.8% to 3.2% in July, well above that... 18th September 2015 · 1 min read
UK Economics Chart Pack Resurgence in exports unlikely to last The UK economy fired on all cylinders in Q2, with investment and net trade both providing considerable support to GDP growth. However, exports look set for a relapse soon. 3rd September 2015 · 1 min read
UK Economics Chart Pack Equity prices depressed by global, not UK, concerns The decline and underperformance of the FTSE 100 has not reflected building concerns about the UK’s economic outlook but rather the impact of recent events in China. The FTSE 100 is comprised to a... 19th August 2015 · 1 min read
UK Economics Chart Pack More deflation on the way The UK is heading for a renewed period of deflation. The fall back in oil prices to below $50 per barrel will bear down on petrol prices soon. In addition, sterling has continued to appreciate and on... 5th August 2015 · 1 min read
UK Economics Chart Pack Outlook for real pay continues to brighten Households are continuing to see substantial increases in their purchasing power. Annual growth in average weekly earnings (excluding bonuses) picked up from 2.7% in April to 2.8% in May, well above... 23rd July 2015 · 1 min read
UK Economics Chart Pack Cautious MPC still likely to wait until well into next year Interest rate expectations and the pound have both risen over the last month as stronger pay figures and signs that the US Fed is just a couple of months away from raising interest rates have... 17th July 2015 · 1 min read
UK Economics Chart Pack Recovery in real wages looks sustainable The latest labour market data provided further evidence that the recovery in wages now has momentum. Indeed, the headline (three-month average of the annual) growth rate in average weekly earnings... 3rd July 2015 · 1 min read
UK Economics Chart Pack Real pay growth back to pre-crisis rates Alongside strong employment growth and virtually zero inflation, households are now enjoying a significant recovery in wage growth. Annual growth in average weekly earnings excluding bonuses picked up... 18th June 2015 · 1 min read
UK Economics Chart Pack Reviving investment helping economy to rebalance Although net trade dragged on GDP growth in the first quarter, a more encouraging development from the point of view of a rebalancing of the economy was the 1.7% quarterly rise in real business... 3rd June 2015 · 1 min read
