This publication includes a summary of economic reports compiled by the Bank of England’s Agents between early September and late December 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 demand softened, especially for major household purchases.
  • Investment intentions continued to weaken, with Brexit uncertainty a restraining factor.
  • Export growth eased slightly, following weaker demand from some emerging markets.
  • Recruitment difficulties continued to intensify and constrained growth for some contacts; pay growth was slightly higher than a year ago.

Full report available here: Agents’ summary of business conditions 2018 Q4