UK Economics

UK Economics Chart Book

4 January, 2018

Economy gathered a little momentum in Q4

The latest survey evidence suggests that the economy ended 2017 on a reasonable footing. Indeed, despite a fall-back in both the manufacturing and construction PMI surveys in December, the all-sector PMI points to quarterly GDP growth of around 0.5%, a touch stronger than Q3’s 0.4% expansion. This would leave GDP growth for 2017 as a whole at 1.8%, broadly unchanged from 2016’s 1.9% outturn, and far stronger than the consensus had predicted immediately after the EU referendum. The key questio

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