This publication includes a summary of economic reports compiled by the Bank of England’s Agents in the first quarter of 2019. 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.
- Contacts reported a further softening in activity over the past few months compared with a year ago.
- Growth in consumer demand slowed a little further, especially for major household purchases.
- A majority of contacts in the Agents’ Brexit survey said they were making contingency plans in case of a ‘no deal’ Brexit.
- Investment intentions continued to weaken, particularly in manufacturing.
Full report available here: Agents’ summary of business conditions 2019 Q1