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01/03/2018

UK | Investment

Monthly Review - February 2018

UK Economic Briefing - February 2018

UK GDP growth slowed to a quarterly 0.4% in Q4 2017 from a previous estimate of 0.5%, reducing 2017 growth as a whole to 1.7%.
  • UK GDP growth slowed to a quarterly 0.4% in Q4 2017 from a previous estimate of 0.5%, reducing 2017 growth as a whole to 1.7%.
  • The Bank of England’s message during its latest inflation report was more hawkish than the markets had expected, highlighting the possibility of a rate hike as early as May.
  • This change in tone from the Bank reflects expectations of slightly stronger growth and less slack compared with November, combined with persistently above-target inflation.
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Stephanie McMahon

Stephanie McMahon
Head of UK Research
Research
+44 (0) 20 7338 4002

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