Heteronomics - FLASH: UK IP relies on energy to grow in Jan-19

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Heteronomics

Philip Rush

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FLASH: UK IP relies on energy to grow in Jan-19

- The UKâ€™s manufacturing PMI fell by 1.4-points to 52.8 in Jan-19, which was double the Consensus decline. Inventory accumulation continues to support the UK survey.
- Weakness across the European car manufacturing industry is weighing on output in the official data even more than the surveys. Industrial production only looks like it will rebound in Jan-19 because of energy output.

01/02/2019 2 EN

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Heteronomics

Heteronomics provides UK-centric macro research. A hallmark attention to detail delivers a depth of analysis beyond what the sell side now delivers. Clients can also experience events that privately provide insights on these topics. Have a bespoke request for research or an event? Let us know. Clients can expect assistance with their own requirements to the extent it doesn't impinge upon other clients. Think of it as retaining an expert economist, without the large overhead.

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Analysts

Philip Rush

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FLASH: UK IP relies on energy to grow in Jan-19

Riksbank: hopeful for vaccine dividend

BoE: preparing policy like a Scout

Italy: Dragging in Draghi

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