Andrew Sentance - PricewaterhouseCoopers

facebook_page
twitter_page

Last quote by Andrew Sentance

It is not hard to explain why the momentum of consumer spending has stalled so badly. Real wages are now falling, even though inflation fell back to 2.6% in June. The main reason for the fall in inflation was the drop in the oil price, but it is still reasonable to expect inflation to rise above 3% later this year as the weakness of sterling continues to feed through to the prices paid by consumers.feedback
share this quote
Jul 24 2017 Brexit
Andrew Sentance has most recently been quoted in an article called Shoppers refuse to drop as Britons defy squeeze on incomes to keep spending. Andrew Sentance said, “Consumer spending has been a powerful engine of UK economic growth for the past three years, but has now lost momentum. The GDP figures for the second quarter, which are released next week, are likely to confirm this picture of subdued economic growth.”. Andrew Sentance has been quoted a grand total of 15 times in 12 articles.
Automatically powered by Storyzy
Take our quote verification challenge and find out !

Andrew Sentance quotes

Mar 18 2017 - Brexit

We need people from a solid UK business background with experience and understanding of the UK economy. I think we have to get back to basics here in the UK after the Brexit vote and get good UK business economists, of which there are plenty, but not many have been appointed to the MPC recently to exercise their judgement.feedback

Oct 28 2016

In isolation this wouldn't be a big issue, but this could be the start of a slippery slope where the government gets much more drawn into individual deals and negotiations than historically they have.feedback

Apr 08 2016

This cut in interest rates was widely expected, but it is really a token gesture which is unlikely to help the economy much in the current situation. Savings rates are already near-zero and borrowing costs for business and homeowners are extremely low.feedback

Apr 08 2016

The pound could well weaken further, adding to inflation and business costs. The margin banks earn on their lending is likely to be squeezed, creating new pressures in the financial system.feedback

No quotes...
More Andrew Sentance quotes
|< <
> >|

Quotes by Andrew Sentance

<
>
Quote Verifier
verify-icon
Check if the quote you read on social networks is authentic
facebook_page
twitter_page
This webpage has been created by a robot: errors and absent quotes cannot be totally avoided
 
Feedback×

Quote :

Mistake :

Comments :