Published by NatWest Chief Economist Group, this report offers timely insights into how recent tariff developments are influencing growth dynamics in the UK, US, and Eurozone.
Key takeaways:
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UK Q1 GDP rose 0.7%, boosted by pre-tariff export activity; business investment surged but consumer spending softened.
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Productivity grew 0.5% in Q1, breaking a negative streak, while unemployment ticked up to 4.5% as labour market conditions weakened.
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US inflation eased to 2.3% in April, though housing and medical costs remain persistent.
Stay ahead of macro shifts—read the full commentary for a deeper look into evolving trade dynamics and their investment implications.
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