May Monthly Briefing

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Data Round Up

  • UK economy slows sharply in first quarter of year, expanding by 0.1%. This is its weakest performance since 2012.
  • Inflation falls to 2.5% in March - its lowest level in year – as sterling depreciation effect becomes exhausted.
  • Wages continue recent upward trend as labour market continues to thrive.
  • Manufacturing activity stalls, with May’s PMI dropping to 53.9 – a 17 month low.

 

You can read the full economic briefing here.

 

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