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Services Smash into Inflationary Despair
Services activity crashed in the UK and US as high inflation destroyed demand. Although the EA move was relatively modest, it suffers the same crisis in consumer confidence.EA vacancies are …
UK: Consumers Drown Their Sorrows
The bleak retail performance of the previous two months reversed to a surprising extent as sales surged by 1.4%. Demand for booze dominated falling non-food store sales.GDP seems only slightly …
EU/UK: Trade War?
Some escalation in trade tensions between the EU and UK cannot be ruled out as the two sides continue wrangling over Northern Ireland. However, contrary to some recent headlines, an …
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