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05 Jul 2018, 8:41
The third estimate of GDP signalled that the economy performed marginally better in 2018q1 than previously thought, expanding by 0.2% (revised up from 0.1%). Business investment disappointed however.
OPEC agreed to ease oil production quotas in June, allowing an extra 1 million barrels a day to be supplied to the market.
MPC vote by 6-3 to keep interest rates on hold at June meeting. The rise in the number of dissenters has raised market expectations of a rate rise in August though.
Manufacturing PMI picks up slightly to 54.4 in June.
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EEF wants to understand why productivity growth has flat lined and what can be done to get the sector back on a growth path.
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15 Nov 2018
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