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Results: listing 25 - 30 of 146 for “EUR/GBP”

UK Comment — Spring Budget: no major changes to outlook for fiscal policy or UK economy

  1. GDP growth revised up for 2018 but down for 2021-22
  2. Fiscal policy not much changed – still set to be contractionary in the years ahead

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

UK Comment — PMIs stronger than expected in February

  1. Services sentiment pulled higher by incoming business, current activity and employment
  2. Despite tight labour market, cost pressure has eased
  3. PMI surveys suggest growth should hold up well in Q1

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

UK Comment — Preview of the PM's speech today

    Today's speech unlikely to provide the clarity that Brussels is asking forPrime Minister May will give a speech on the UK’s Brexit vision today (expected at 13:30 GMT). Some of the content has already been leaked to the media, and it appears that the speech is unlikely to provide the clarity that Brussels is asking for. May’s problem is trying to reach out to Brussels but at the same time please both the very vocal Brexiteers in her own cabinet and the Remainers in her own party who are threatening to team up with Labour in coming votes in Parliament.

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

UK Comment — GDP growth revised down

  1. GDP growth for Q4 2017 revised down to 0.4 percent, from 0.5 percent
  2. Private consumption growth was unchanged in Q4, but business investment much weaker
  3. GDP growth should decelerate further this year

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

UK Comment — Labour market numbers mixed

  1. Employment growth disappointed - unemployment rate up to 4.4%
  2. Timelier claims and survey measures indicate further improvement
  3. Wage growth on the strong side of expectations – base effects will pull up in the short term

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

UK Comment — January CPI inflation in line with the Bank of England's expectation

    CPI inflation unchanged at 3.0 percent in January, CPI core inflation up to 2.7 percent from 2.5 percent in DecemberUK CPI inflation was unchanged at 3.0 percent y-o-y in January. This was in line with the Bank of England’s expectation, but slightly higher than the consensus expectation of 2.9 percent. Core inflation increased to 2.7 percent in January from 2.5 percent in December and beat the consensus expectation of 2.

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