Macro - Weekly Briefings - United Kingdom


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Macro - Weekly Briefings - United Kingdom



Business survey data suggests that UK activity has continued to grow at a solid pace in Q3. The composite PMI is running at a similar level to H1 2024, though the patchy relationship with official output data suggests we shouldn't take these results too literally. Indeed, we think GDP growth will be slightly slower in Q3 than the above-trend pace seen in H1.


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