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Weekly Economic Briefings > Uk Weekly Economic Briefing

  • January 2017
  • -
  • Oxford Economics
  • -
  • 6 pages

Theresa May's speech on Brexit told us little that we had not already deduced. Having prioritised control over immigration policy, the UK has accepted that it must leave the European Single Market and will instead try to agree a FTA with the EU. Will it succeed? There are grounds for believing it will, though there will need to be much give and take from both sides and a lot could still go wrong.

The week's data focused on a theme we will no doubt come back to regularly in 2017 - inflation. Price pressures are continuing to build, ratcheting up the pressure on consumers. But evidence of faster wage growth offers hope that the extent of the consumer slowdown may be less than some fear.

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Weekly Economic Briefings > Uk Weekly Economic Briefing

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