Report
Philip Rush
EUR 58.30 For Business Accounts Only

UK: BoE confronted by irrepressible consumers

- UK retail sales surged further above trend in Mar-19, and now raise upside risks to my already bullish 1Q19 GDP growth forecast of 0.5% q-o-q.
- Acute Brexit uncertainty previously presented a high option value of delay, and the BoE did so while pointing to soft survey signals. Hard data have shrugged off the uncertainty shock in spectacular style, and the BoE should do the same soon.
Provider
Heteronomics
Heteronomics

Heteronomics provides UK-centric macro research. A hallmark attention to detail delivers a depth of analysis beyond what the sell side now delivers. Clients can also experience events that privately provide insights on these topics. Have a bespoke request for research or an event? Let us know. Clients can expect assistance with their own requirements to the extent it doesn't impinge upon other clients. Think of it as retaining an expert economist, without the large overhead.

Analysts
Philip Rush

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