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MNI Gilt Week Ahead: Big data week

  • It’s a big week for the UK with a number of key data points due. We kicked off the week this morning with monthly activity data for February. GDP was a little disappointing driven by contractions in the manufacturing and construction sectors. However, this data is rather dated and largely applies to the pre-war period, so does not really give too much information on future growth prospects.
  • More important will be labour market data released Tuesday (including the HMRC payroll data) and probably even more important than that will be inflation data on Wednesday.
  • See the full document for auction previews for the week ahead, the issuance calendar and cash flow matrix.
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