This publication includes a summary of economic reports compiled by the Bank of England’s Agents between early June and late August 2018. It generally makes comparisons with activity and prices a year earlier.
This publication also includes a summary of information gathered by the Bank’s Decision Maker Panel survey.
- Consumer spending growth ticked up, boosted by the warmer weather, but remained modest.
- Rising uncertainty, mostly related to concerns around Brexit, contributed to a slight softening in investment intentions.
- Export and domestic manufacturing output growth slowed modestly, but remained above average.
- Recruitment difficulties remained elevated; average pay settlements were a little higher than a year ago.