UK Cycle: UR Rise in Sep-18 Is Not Disinflationary
The UK unemployment rate rose by 5bps to 4.09% in Sep-18, contrary to expectations. Underlying momentum had already weakened enough to make this a...
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Preview: UK Oct-18 Inflation and Q3 Labour Market
Tuesday’s UK labour market report should reveal further good news on wage growth, but there is a risk of a temporary rise in the UR, which would...
415 Views
FLASH: UK GDP Growth Halving After a 3Q18 Surge
Monthly UK GDP growth was flat again in September, but earlier strength raised the quarterly pace to 0.6% q-o-q in 3Q18, up from 0.4% in 2Q18, as...
416 Views
BoE: Hiking Threshold Conditionally Met for Feb-19
The BoE MPC was unanimous in voting for no policy changes in November, as widely expected, after hiking Bank rate to 0.75% in August. Amid acute...
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FLASH: UK Oct-18 PMIs Corroborate Q4 Slowdown
The UK’s services PMI dropped by 1.7 points to 52.2 in Oct-18. Together with a dip in the manufacturing PMI, it indicates a slowing below the...
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