UK: Dec-19 Sales Smashed by Statisticians
The ONS reported retail statistics that simultaneously show an average end to an expansionary year and one of the worst periods on record....
385 Views
UK Inflation: Dec-19 Disrupted by Complex Seasonal
UK inflation disappointed expectations in Dec-19 as an early index date drove airfares to undershoot even my below-Consensus forecast. 70% of that...
447 Views
UK: Reprofiled GDP Doesn’t Create Dovish Slack
UK GDP was revised higher ahead of a surprisingly sizeable Brexit-related shock in Nov-19, which left the level in line with my forecast....
338 Views
UK Wrap: Bullish Trends Return as Risk Subsides
Activity: Surveys are biased by uncertainty and should rebound towards the official data now political risk has subsided. I see underlying trends...
493 Views
BoE: Seeking Proof from the Political Pudding
Both Michael Saunders and Jon Haskel maintained their dovish dissents at the MPC’s Dec-19 meeting, as expected, despite the decisive political...
690 Views