December 10, 2018

Chart of The Week: Fathom’s UK ESI weakest since the period following the June 2016 EU referendum

by Fathom Consulting.

Fathom’s UK Economic Sentiment Indicator (ESI), which had been unusually stable for more than a year, fell from 0.5% in September, to 0.3% in both October and November. This latest reading is the weakest since the immediate aftermath of the EU referendum, held on 23 June 2016. It supports our view that the UK economy, boosted by a prolonged period of unseasonably warm weather through the spring and the summer, has slowed in recent months. We expect growth of just 0.1% in Q4.

Refresh the chart in your browser Edit chart in Datastream

______________________________________________________________________

Thomson Reuters Datastream

Financial time series database which allows you to identify and examine trends, generate and test ideas and develop view points on the market.

Thomson Reuters offers the world’s most comprehensive historical database for numerical macroeconomic and cross-asset financial data which started in the 1950s and has grown into an indispensable resource for financial professionals. Find out more.

Get In Touch

Subscribe