Agents' summary of business conditions - 2018 Q3

We regularly publish a summary of reports compiled by our twelve regional Agents following discussions with at least 700 businesses across the UK every reporting period.
Published on 13 September 2018

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.

PDFAgents' summary of business conditions and results from the Decision Maker Panel - 2018 Q3

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