UK Economics Chart Pack Economy starts 2015 on a surer footing While the preliminary estimate of Q4 GDP indicated that the recovery lost pace towards the end of 2014, early 2015 appears to have seen a renewed acceleration. Indeed, monthly indicators of output... 4th February 2015 · 1 min read
UK Economics Chart Pack Recovery set to strengthen in 2015 The consumer recovery looks set for another robust year of growth in 2015. Indeed, there are a number of factors which could mean that spending growth accelerates. For a start, the halving in the oil... 23rd January 2015 · 1 min read
UK Economics Chart Pack Oil price decline to bolster recovery in 2015 The halving of oil prices over the past six months should provide some timely support to the economic recovery. Indeed, coupled with the freezing of energy bills this winter, lower oil prices should... 6th January 2015 · 1 min read
UK Economics Chart Pack Lower oil prices grease the wheels of recovery Whilst falling oil prices should give an immediate boost to consumers’ discretionary spending power and help to provide a source of festive cheer, rising employment and a strengthening recovery in... 18th December 2014 · 1 min read
UK Economics Chart Pack Real pay recovery finally gets underway At last, the UK’s real wage squeeze appears to be over. Annual growth in average weekly earnings excluding bonuses picked up from 1.2% to 1.8% in September and so exceeded the same month’s CPI... 4th December 2014 · 1 min read
UK Economics Chart Pack End of real wage squeeze boosts spending Prospects still look bright for further solid growth in consumer spending. Admittedly, weaker growth in house prices and the looming prospect of interest rate hikes may soon dampen consumers’ spirits... 20th November 2014 · 1 min read
UK Economics Chart Pack Significant slowdown still looks unlikely Fears that the UK’s economic recovery is rapidly losing steam appear largely overblown. Admittedly, the Markit/CIPS Composite PMI, which weights together the headline indices for the manufacturing... 5th November 2014 · 1 min read
UK Economics Chart Pack Consumers continue to benefit from easing inflation The outlook remains bright for further strong growth in consumer spending over the coming quarters. Although the jobs recovery has slowed, the economy has retained a healthy degree of momentum... 23rd October 2014 · 1 min read
UK Economics Chart Pack Recovery aggravates existing imbalances While the economic recovery seems to have broadly maintained its strong pace in the third quarter, the latest national accounts contained signs that the recovery has exacerbated some of the economy’s... 3rd October 2014 · 1 min read
UK Economics Chart Pack Consumers remain confident despite pay squeeze The official data and survey evidence have been unequivocal in suggesting that the recovery in consumer spending has remained robust over the last few months. Admittedly, some of the existing supports... 18th September 2014 · 1 min read
UK Economics Chart Pack Inflation subdued despite strong recovery While the economic recovery has remained strong, there is still little sign that inflationary pressuresare emerging. CPI inflation was just 1.6% in July and the recent decline in import prices, fall... 3rd September 2014 · 1 min read
UK Economics Chart Pack Spending growth strong despite weak earnings The prospects look bright for a continued solid recovery in consumer spending. Although we do notknow yet what happened to overall consumer spending in Q2, the available data on retail sales... 21st August 2014 · 1 min read
UK Economics Chart Pack Recovery maintains strong momentum The 0.8% quarterly rise in Q2 GDP and the pick-up in the composite PMI in July suggests that therecovery still has plenty of momentum. Admittedly, growth has become increasingly dependent onthe... 5th August 2014 · 1 min read
UK Economics Chart Pack Strong Q2 growth likely to be sustained The recovery in consumer spending has shown few signs of flagging. Retail sales volumes were 1.6% higher in Q2 than in Q1, while growth in spending off the high street seems to have remained strong... 24th July 2014 · 1 min read
UK Economics Chart Pack Pay growth likely to spring back soon While the economic recovery appears to have accelerated in Q2, workers are still failing to see the benefits in their pay packets. Annual growth in average weekly earnings fell from 2.2% to -1.7% in... 3rd July 2014 · 1 min read
UK Economics Chart Pack Rapid jobs gains fuel spending growth The recovery in consumer spending seems to be gathering pace thanks to rising confidence and strong employment growth. Admittedly, there are still signs of fragility – real earnings are still not... 20th June 2014 · 1 min read