Home revenue contributes £ 1,500 from the EU referendum
Reconciliation arrangements, thinktank, difficult statistics – United Kingdom households are £ 1,500 worse, on average, today than expected for the EU 2016 referendum.
That is because the growth has been slower, and the decrease in the nose does not include inflation – eating into income.
Depending on the Resolution, the UK has been experiencing a & # 39; grow faster in the growth of income on any advanced economy.
James Smith Smith, Research Director at & # 39; Rationalization base, saying:
"Since two years and a half since the United Kingdom's election to leave the European Union, the country's position after Brexit is still far from clear. There has been a lot of talk about the impact of this uncertainty on businesses, but not There is not enough about its impact on housing income.
"The UK's very good under-performance has increased revenue from 2016 – which has attracted more than other advanced economies – left UK families by hitting £ 1,500 on their levels of life.
"As we come to & # 39; Latha Brexit on March 29th, politicians in every party must be aware of what is needed for family life standards and how the country is going on, not just where it is going on, issues for family income here and now. "
Torsten Bell has also made a tweet about the report:
The note comes under a small weight today, One third of the dollars were doubled against the US dollar to $ 1.291.
That's a suggestion that traders have a & # 39; expects a GDP to refer to its & # 39; morning today – weakening is lower than opportunities in raising rates of early rates.
Brexit's concerns are also pushed down, after Theresa May refused to recommend her; The Labor Party agrees that the UK joins the union of permanent customs with the EU.
Today's growth report is expected to show that businesses are set at their cost, watch vigilantly on the Brexit talks that play out.
Paul Donovan of UBS Wealth Management expects consumers to be less likely (In addition, Brexit will put pressure on GDP):
The UK produces data dump – all production, trade and GDP figures are payable. The economy may have been a bit in the & # 39; fourth quarter. In general, fast customers face political disagreements, by taking a coherent way of doing so; cared for.
But companies expect to defer investment.
We already know that growth in 2018 was scarce – bad winter weather was a bad start, before a beautiful summer (and some of the football products ahead) seemed interesting spirits.
Michael Hewson explains the CMC Markets:
Following the strength that was seen in the middle of last year, the United Kingdom's economy grew a bit more and less; go into the last verse. Much of the strength he saw in Q2 and Q3 was a result of a weak C1 as a result of the name "Beast from the East" that most of the country gave paralysis to her; March.
The resulting revival was so big as Royal Wedding, hot summer, and a sports summer ready to finalize in an appropriate Football World Cup for England.
It is the UK GDP Day
It is not a complete product in the total housing output. And that's not amazing – how can one number be & # 39; doing everything, good and bad, that will happen in the economy?
GDP can not make a difference between very damaging activity, and that makes it a better life. It is struggling to deal with the internet, it is not a good measure of improvements in services, and it can not deal with unpaid work.
Despite these problems, GDP is the amount of & # 39; acceptance for policy makers who want to find out how their economy is going on. And today, the British economy is in the scene.
GDP figures are expected to show the fourth quarter of 2018, at 9.30am, to become increasingly. Economics understand that the economy is only 0.3% in October-December, just half as soon as the 0.6% was recorded during the heat of July.
Philip Shaw, chief economist of Investec, expecting the economy to grow in December.
"Sharing the pieces together, we expect the GDP to have been unchanged in December, although we can see a little benefit," he said. "This means an increase of 0.3% [for the fourth quarter]South Westerly
"We look closely at business investment – the area we most respect for Brexit to be worrying – and especially to try he recorded the fourth continuous continuous decline in the fourth quarter. "
Here's the preview of Angela Monaghan:
Such growth has proved that there are concerns that the UK, and the global economy of the world, are weakening. Brexit, the US-China trade wars, and political conditions in the eurozone will be blamed.
The report today shows how all manufacturing, services and construction were in; last verse. The National Statistics Office also lists new trading numbers, and # 39; provides an appropriate picture of the economic health when we prepare for Brexit.
- 9.30am GMT: UK GDP report for Q4 2018 distributed
- 9.30am GMT: A UK trading trade opportunity for December