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Results: listing 7 - 12 of 117 for “EUR/GBP”

UK Comment — UK GDP growth stronger than expected in Q4

  1. UK GDP growth up to 0.5% in Q4, after 0.4% in Q3
  2. Growth pulled up by services and manufacturing; construction fell again
  3. Sentiment suggests GDP growth should hold up going into 2018

Kari Due-Andresen, Chief Economist Norway | kadu01@handelsbanken.no

UK Comment — Still robust labour market

  1. Catch-up in both employment and labour force growth
  2. Claims increasing, but surveys indicate labour market is still robust
  3. We believe Brexit-related uncertainty will keep wage growth subdued

Kari Due-Andresen, Chief Economist Norway | kadu01@handelsbanken.no

UK Comment — CPI inflation looks to have peaked

  1. CPI inflation down to 3.0% in December, in line with consensus
  2. Cost pressures easing
  3. CPI inflation broadly in line with BoE expectation

Kari Due-Andresen, Chief Economist Norway | kadu01@handelsbanken.no

UK Comment — UK industrial production in line with the consensus in November

  1. IP rises 0.4 percent in November, lifted by warm weather and manufacturing
  2. Manufacturing lowered by big drop in transport equipment
  3. Construction output grew less than expected; Brexit uncertainty affecting business

Kari Due-Andresen, Chief Economist Norway | kadu01@handelsbanken.no

UK Comment — PMIs suggest current business has improved, but outlook uncertain

  1. Composite PMI lifted by services, but lowered by manufacturing and construction in December
  2. Current business provides support, while Brexit-related uncertainty dampens future expectations
  3. PMI suggests GDP growth of around 0.4 percent q-o-q in Q4

Kari Due-Andresen, Chief Economist Norway | kadu01@handelsbanken.no

UK Comment — No new signals from the Bank of England

  1. BoE assessment broadly unchanged
  2. We still think the BoE is too optimistic about GDP and wage growth
  3. We expect the bank rate to remain unchanged at 0.5% over the next two years

Kari Due-Andresen, Chief Economist Norway | kadu01@handelsbanken.no