Hints and tips:
...Thomas Pugh, economist at audit firm RSM UK, said the uptick in consumer prices, together with the rise in services price growth, would “probably be enough to quash any temptations at the MPC to start to...
...Ruth Gregory, economist at Capital Economics, said the readings supported “our view that a mild recession is under way and that the Bank of England has finished hiking interest rates”....
...Thomas Pugh, UK economist at the audit firm RSM, said the recent experience in the US proved that “inflation can fall rapidly without a recession, or even a sharp reduction in growth”....
...The further rebound in retail sales volumes in May suggested “the recent resilience in economic activity hasn’t yet faded”, said Ruth Gregory, economist at Capital Economics....
...Thomas Pugh, economist at consulting firm RSM UK, said a recession in the UK was “delayed, not cancelled”, since consumer spending was likely to falter as the squeeze on household real incomes intensified...
...Ruth Gregory, at the consultancy Capital Economics, said the figures would “maintain intense pressure on the Bank of England to raise rates aggressively over the coming months”....
...Thomas Pugh, economist at the consultancy RSM UK, raised the possibility of the economy falling into a recession — defined as two consecutive quarters of contraction....
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