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
UK Economics Chart Pack Spending still on track for strongest growth since 2005 There is little reason to expect the strong growth in consumer spending seen so far this year to ease off soon. The latest business surveys indicate that employment will continue to grow rapidly over... 21st May 2015 · 1 min read
UK Economics Chart Pack Few signs of election uncertainty undermining recovery Although GDP posted its smallest quarterly rise since 2012 in the first quarter of this year, we doubt that the economy is on the cusp of a renewed slowdown. The business surveys suggest that Q1’s 0.3... 6th May 2015 · 1 min read
UK Economics Chart Pack Confidence not dented by election uncertainty With two weeks until May’s general election, the polls still show that no party is likely to win an overall majority and the composition of the next government is unclear. Despite this ongoing... 23rd April 2015 · 1 min read
UK Economics Chart Pack Inflation is dead, but should rise again before long For a country that has spent most of its recent history enduring high inflation, the recent release of figures showing that CPI inflation in the UK has now fallen to zero was a watershed moment. What... 7th April 2015 · 1 min read