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Macro - Weekly Briefings - United Kingdom

Publisher Oxford Economics
Published Apr 25, 2025
Length 5 Pages
SKU # OFE20029190

Description

This week's data offered very mixed signals on the pace of UK activity growth. Retail sales rose again in March, but the composite PMI plunged in April. In our view, both measures are deeply flawed. The retail data appears to suffer from seasonal adjustment problems, while the results of the S&P Global survey have been an unreliable predictor of changes in GDP growth.

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5 Pages
Please Note: Due to the brevity and/or nature of the content posted, there is no table of contents available for this report.

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