FLASH: UK Retail Sales Relax While Resources Recover
UK retail sales grew by 0.5% m-o-m (ex-auto fuel) in July, which was slightly faster than expected. Food sales drove the increase. Annual and...
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UK Inflation: Awaiting Final Autumnal Ascent
UK CPI inflation disappointed the consensus again by holding at 2.6% in July, in line with my forecast. The underlying inflationary impulse and...
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Preview: Low UK Inflation and Unemployment
UK inflation dipped in June, but I no longer forecast a rebound in July. Petrol price weakness in the AA survey added to that from second-hand car...
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FLASH: UK Industry Builds Better Base for Q3
UK industrial data were mixed in June, with construction weaker but energy stronger than the ONS had pencilled into its Q2 GDP estimate. After...
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BoE: Tolerating the Trade-Off
Stronger UK inflationary pressures were balanced by higher rates in the BoE forecast, but the market was still deemed to not price in enough...
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