The 0.1% m/m rise in real GDP in August built on two consecutive 0.4% m/m gains in the previous two months and continued the remarkable resilience of the economy to higher energy prices and borrowing costs. We still expect the coming rise in inflation to dampen growth, but the economy is more robust than we thought.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.