Ruth Gregory - Capital Economics

facebook_page
twitter_page

Last quote by Ruth Gregory

Overall, the survey is consistent with our view that the economy has held onto its recent momentum in the fourth quarter and should post reasonable growth of 2pc or so next year.feedback
share this quote
Nov 03 2017
Ruth Gregory has most recently been quoted in an article called Mind the productivity gap: the story behind sluggish earnings. Ruth Gregory said, “There have been some signs that falling unemployment has less of an effect on wage pressures than the past. And while we think that productivity growth – a sustainable source of real wage growth in the long run – is likely to stage some recovery, we are sceptical that it will catch up with pre-crisis rates.”. Ruth Gregory has been quoted a grand total of 31 times in 25 articles.
Automatically powered by Storyzy
Take our quote verification challenge and find out !

Ruth Gregory quotes

Jul 17 2017 - Brexit

Meanwhile, there are reasons to think that nominal wage growth should start to pick up in the quarters ahead, as higher inflation makes it more difficult for employers to award lower wage rises, a gradual pick-up in productivity growth improves firms' ability to grant larger pay increases and the past tightening in the labour market leads to at least some strengthening in pay growth.feedback

Jul 17 2017 - Brexit

With the effects of the lower pound appearing to be fading at the start of the production line, CPI inflation looks to have almost peaked already and we think that it will gradually start to head down towards the 2% target from next year.feedback

Jul 07 2017

Meanwhile, the production and construction sectors only account for around 20% of the economy, and the hard data available for the services sector so far suggests that growth has rebounded strongly after a poor start to the year.feedback

Jun 29 2017

May's household borrowing figures provide another reason to think that consumer spending growth may have picked up pace ... but will clearly add to concerns about household debt.feedback

Jun 09 2017

Looking ahead, there is clearly a risk that today's election result causes growth to weaken towards the end of the second quarter. That said, this is unlikely to spell disaster since the economy has proved pretty resilient to political uncertainty in the recent past.feedback

May 19 2017

The upbeat survey supports our view that the manufacturing sector should perform well this year and help to offset some of the slowdown in consumer spending growth.feedback

May 19 2017

The improvement in the export orders balance, to its joint highest since December 2013, indicates that the drop in the pound is still having substantial positive effects for manufacturing exporters.feedback

May 18 2017 - Easter

Today's figures do at least support our view that with credit conditions remaining supportive, employment growth still strong and consumers' confidence robust, household spending growth is likely to slow only gradually this year rather than collapse completely. Our forecast is for consumer spending growth of 2.0pc in 2017 and 1.5pc in 2018, down from 2016's 2.8pc rate.feedback

May 02 2017

After last week's surprisingly downbeat first quarter GDP figures ... today's survey provides us with optimism that the manufacturing sector should play a bigger role in offsetting the slowdown in the consumer services sector ahead.feedback

Apr 24 2017

March's drop in retail sales suggests that the consumer spending slowdown is gathering pace and adds to other evidence indicating that the economic recovery has slowed since the end of last year.feedback

Apr 21 2017 - Brexit

Retail sales only account for about a third of household spending, and the recent evidence on other areas of spending has been more encouraging. For example, the Bank of England's agents' score of consumer services turnover has held steady at a fairly high level.feedback

Apr 11 2017 - Easter

Air fares inflation should add a few tenths of a percentage point back onto the CPI rate in April, while electricity prices will rise sharply in the coming months as a result of utility companies' price hikes. As a result, we think that CPI inflation will peak at just over 3pc before the end of the year.feedback

Apr 11 2017 - Easter

While food price inflation rose, from 0.3 percent to 1.6 percent, this was offset by a fall in core inflation from 2.0 percent to 1.8 percent. However, the latter mainly reflects a statistical quirk related to the timing of Easter. We think that CPI (consumer price index) inflation will peak at just over 3 percent before the end of the year. But we don't think that that will panic the Monetary Policy Committee (MPC) into raising rates imminently. After all, the MPC tolerated an inflation overshoot of 3 percentage points in 2011.feedback

Apr 11 2017 - Brexit

All told, we think that CPI inflation will peak at just over 3% before the end of 2017. But we don't think that that will panic the MPC into raising rates imminently. Given the uncertainty around the Brexit negotiations and the fact that there has been little sign of building domestic cost pressures, we think that the MPC will hold off until mid-2018 before raising rates.feedback

Apr 07 2017

Today's deluge of UK economic data was fairly disappointing and adds to the evidence that the economy has lost some momentum during Q1.feedback

Apr 05 2017

March's strong UK Markit/CIPS report on services provides some reassurance that the economy won't slow too sharply this year, despite the intensifying headwinds.feedback

No quotes...
More Ruth Gregory quotes
|< <
> >|

Quotes by Ruth Gregory

<
>
Quote Verifier
verify-icon
Check if the quote you read on social networks is authentic
facebook_page
twitter_page
This webpage has been created by a robot: errors and absent quotes cannot be totally avoided
 
Feedback×

Quote :

Mistake :

Comments :