Download our May forecast to find out more about our latest predictions for the economic outlook. As with any prediction, these are based on current circumstances and are likely to change.
The story behind the numbers
In Europe, the week started in a broadly positive fashion as investors welcomed the news of the pro-EU economic reformer Emmanuel Macron succeeding in his bid for the French presidency.
In the UK, news that Prime Minister May called for a snap general election to be held on the 8th June to provide for stability and certainty during the Brexit negotiations have surprised on the upside, with markets and investor sentiment improving notably across the course of April.
Data produced 8th May 2017